MONDELEZ International Inc., the world's leading snack company, recently concluded its latest collective bargaining agreement (CBA) negotiations in the Philippines.

With the aim of upholding the company's mission to build a winning growth culture, the negotiations with the Mondelez Philippines Inc. Workers Union-Associated Labor Unions - Trade Union Congress of the Philippines (ALU-TUCP) resulted in a renewed agreement that would be effective from August 2024.

Established in 1994, the CBA of the company outlined agreements between the company's management and the union for competitive wages and benefits, scope of work and performance indicators.

This year's CBA was aimed as a platform for progressive communication and included a comprehensive review of workplace conditions to ensure that all aspects of employment were addressed and mutually agreed upon by the management and the union. The union is a member of the ALU-TUCP.

Mondelēz International Inc. aimed to build a winning growth culture through its continuous efforts of adapting to the changing needs of its employees.

The company's three values were "Love our consumers and brands," "Grow every day" and "Do what's right." These values helped shape its culture, guide its actions, and reflect what the company believed in and how it desired to lead.

During this year's CBA negotiations, agreements were made to ensure employees continuously enjoyed a great workplace while driving better efficiency and performance for the company.