The Labor Code of the Philippines is a set of substantive and procedural laws
that prescribe the principal rights and responsibilities of the industrial participants.
It lays down the fundamental rights and correlative obligations of employers and
employees to each other, such as those about work as well as the processes of
unionization and collective bargaining.
Those substantive rights are enforceable through procedures prescribed in the
Code, devised by either the parties themselves or the government in its role as
regulator of employment relations.
Thus, the Labor Code speaks of myriad concepts such as employment
relationship, collective bargaining, and employment termination affecting both
employers and employees. Labor laws can be viewed as a large “safety net” of
governmental program or strategy to distribute wealth, to alleviate the poverty.
It is not meant to protect a sector to oppress another.
The rights and responsibilities not only of employees but also of employers are
recognized. The Labor Code has to protect the interests of both employees and
employers.Labor Laws may be regarded as a force to equalize economic
opportunities and improve our quality of life.