JAKARTA - PT Asuransi Jiwasraya (Persero) revealed a number of factors that underlie the company to rationalize its employees, one of which is because the restructuring program will soon enter the final stage.
Jiwasraya President Director Angger Yuwono said the restructuring program had entered its final stage marked by a plan to transfer the portfolio (polisian) accompanied by assets and liabilities from Jiwasraya to the final IFG Life group, which began in December 2022.
Then, another factor is related to the return of company permits to regulators. The return of company permits will be a sign of the end of the entire Jiwasraya Restructuring Program.
In addition, Jiwasraya must make operational expenses efficiency ahead of the return of permits to disband (liquidation). The efficiency of the company's burden is carried out in order to ensure that the company can continue to be concerned until all the rights of policyholders who have participated in the restructuring program can be transferred entirely to a new company, IFG Life.
He revealed that one of the efficiency of the company's burdens was carried out by carrying out the rightsizing program, aka adjusting the organizational structure to adapt to the needs of the company. Then proceed with rationalization, which has been socialized in recent times, and has been communicated to shareholders.
"For that, allow us to express our respect and gratitude for all forms of contribution and dedication that have been given by our colleagues internally. This is also part of the solution to protect every right that exists," said Angger, quoted from Antara, Friday, December 16.
Direktur Manajemen Risiko, Sumber Daya Manusia dan Umum Jiwasraya Mahelan Prabantarikso menambahkan, faktor lainnya yang membutuhkan perseroan melakukan rasalisasi yakni mengenai dengan beban pekerjaan yang sudah banyak berkurang, ditambah tidak ada lagi aktivitas penjualan produk pascalih dilakukan pengalihan portofolio.
"Currently, there are no more sales activities of products and companies that have suffered losses for a long time. The underlying factors need to be rightsizing the organizational structure to adapt to the company's needs towards a permit refund plan," Mahelan explained.
The legal basis for the rationalization program includes Government Regulation (PP) Number 35 of 2021 concerning Specific Time Work Agreements, Transfers, Working Time, and Rest Time, Government Regulation Number 36 of 2021 concerning Wages, and a Collective Work Agreement (PKB) between Jiwasraya Management and the Jiwasraya Workers Union in 2020.
Mahelan also ensured that Jiwasraya's management had fulfilled the rights of employees in the midst of the company's declining financial condition. In addition, the calculation of the post-employment rights of employees included in this rationalization program is also appropriate and even better than the post-employment rights provisions for employees who are rationalized in the context of efficiency as stipulated in article 43 paragraph (1) PP 35/2021.
"This decision is indeed not easy, so support and understanding from all parties are needed. But once again we are grateful for all the support that has been given so far until finally the series of restructuring programs has entered the final stage," he said.
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