By ERICKSON BECO
Golden Arches Development Corporation (GADC) has released a COVID-19 response fund worth P500 million with the aim of providing assistance to its employees and the various communities it serves.
The company, the quick-service restaurant arm of the Alliance Global Group, Inc. (AGI), made the move to help alleviate the challenges faced by its employees and different communities while the rest of the country remains on lockdown.
The fund covers the following:
A) For McDonald’s Philippines employees:
- Salaries of restaurant crew and managers—whether they are unable to come to work or not—and head office employees, to be released for the period of the Enhanced Community Quarantine.
- A special premium pay package to be provided for crew and managers who are able to come to work in selected stores that remain open to serve the community in quarantine areas.
- Special benefits like provision of care kits (face masks, alcohol and vitamins) to ensure employee safety in the workplace as well as provisions for premium pay.
B) For partner communities:
- Food to be donated to frontliners such as medical health workers, LGU workers, NGO volunteers, and the marginalized sector who have limited access to food during this time.
Golden Arches Development Corporation (GADC) or McDonald’s Philippines is a strategic partnership between Alliance Global Group, Inc. (AGI) and the George Yang Group. The group holds the exclusive franchise to operate “McDonald’s” brand in the Philippines.