Persons with Disability (PWD), as defined by the Philippine Magna Carta for Disabled Persons, are individuals affected by restriction due to sensory, physical, or mental impairment, which hinders them from performing activities considered normal for a human being. Worldwide, more than a billion people, or around 15 percent of the earth’s population, have some form of disability. When it comes to the Philippines, the 2010 Census of Population and Housing by the Philippine Statistics Authority reveal that 1.443 million Filipinos have a disability.
Companies that come across PWD candidates may be reluctant to hire these individuals, as they fear the problems that may arise from hiring these applicants. Businesses, however, should not worry about employing PWDs. These reasons should convince companies that providing work for PWDs is a good idea.
Incentivizes Private Companies that Hire PWDs
Republic Act No. 10524, which is a law expanding employment opportunities for PWDs, encourages private corporations that employ a minimum of 100 employees to reserve at least one percent of their positions for individuals with disability. Companies that hire PWDs can enjoy these incentives under the Implementing Rules and Regulations (IRR) of the Bureau of Internal Revenue (BIR):
An additional deduction of 25 percent from the private entity’s gross income of the total amount paid as wages and salaries to PWDs.
Companies are also entitled to an additional deduction from their net income if they change or enhance their physical facilities for the benefit of PWDs. This deduction is equivalent to 50 percent of the direct costs of the modifications or improvements.
Creates a Positive Image
Besides getting the opportunity to obtain incentives from the government, employing PWDs can promote a more positive image for the business. Hiring individuals with disabilities is an excellent opportunity for a company to show its diverse workforce to the public. As a result, this may make the company more appealing to potential clients and workers. Additionally, other businesses in the area may follow suit to boost their reputation, which can make the business climate more diverse.
Expands the Talent Pool
Private corporations that are hesitant to include PWDs in their recruitment efforts may be missing out on access to a source of talented workers. Small businesses having trouble getting qualified candidates may be overlooking capable but disabled candidates. This could result in companies having to settle for mediocrity. Thus, companies should see individuals with disabilities as an untapped resource of talents and skills and consider hiring potential PWD employees.
Reduces Job Turnover
Employees with disabilities understand how hard it is to land a job. Thus, they often display greater loyalty to their employer and show how much they want the job. This loyalty minimizes turnover costs and can even lead to increased productivity.
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