Shared Income Distribution
As a cooperative, Fastrack distributes its surplus income to members as dividends and patronage refunds — providing an additional source of income.
About
Fastrack Multi-Purpose Cooperative
Fastrack Multi-Purpose Cooperative is a responsible and legally compliant provider of labor services.
It was organized by seasoned professionals and young entrepreneurs with the advocacy to improve the lives of its members by providing more regular rather than short-term employment.
Fastrack was organized on December 11, 2009, and registered under the Cooperative Development Authority (Registration No. 9520-16004307) and the Department of Labor and Employment under Department Order No. 18-A (Registration No. NCR MUNTA 74960-0611-090-LR).
- Fastrack provides a better employment arrangement for its members and serves as an alternative source of manpower for companies in need of unskilled, semi-skilled, and skilled workers.
- For Members: long-term employment that eliminates the 5-month cycle of short-term contracts.
- For Client Companies: talent retention and reduces learning curves, repeated hiring, and unproductive labor.
Fastrack Vision
To be known for its effectiveness in improving the socio-economic condition of its members, and efficiency in delivering quality service to its clients
Fastrack Mission
To provide meaningful partnership that satisfies the expectations of its members and its clients.
Fastrack Objectives
To create opportunities that will provide productive and meaningful employment.
To help companies to be cost-effective and competitive through retention of quality work force.
To improve the lives of its members and contribute to nation-building through creation of employment opportunities.
ADVANTAGES OF LABOR SERVICE COOPERATIVE
Guaranteed Employee Benefits
Since the cooperative’s income belongs to its members, all statutory benefits and legal requirements are provided to employees with transparency and compliance.
Talent Retention
By offering regular employment, Fastrack helps companies retain skilled workers, reducing turnover and preserving institutional knowledge.
Higher Productivity & Cost Efficiency
Cooperative workers have proven to be more productive and cost-efficient compared to regular or short-term employees.
Streamlined HR Operations
Fastrack handles coordination, recruitment, termination, payroll, and benefits — simplifying workforce management for client companies.
Committed and Engaged Members
As cooperative owners, members are highly motivated to deliver quality service and go the extra mile for clients.
Exclusive Member Benefits
Members enjoy cooperative advantages like loan facilities and assistance funds in times of need, strengthening financial security.
Government Support & Incentives
The government supports cooperatives with tax incentives and legal benefits, promoting sustainable community growth.
Inclusive Growth
Partnering with Fastrack helps distribute wealth among members and communities — unlike traditional agencies that benefit only a few.
Achievement of Fastrack
- Compliant with Cooperative Development Authority’s (CDA) regulations. (consistently passed the annual Cooperative CDA Audit);
- No Pending Case from the Department of Labor and Employment (DOLE), National Labor Relations Commission (NLRC) & National Conciliation and Mediation Board (NCMB);
- 20 Years of trusted service in the Cooperative Sector reflects a legacy of reliability, collaboration and partnership, delivering innovative solutions and unwavering commitment of support to empower communities and organization;
- Fastrack has notably surpassed the challenges brought about by pandemic - a feat many cooperatives and agencies could not achieve due to prolonged store closure. Its swift recovery and continued growth underscored its resilience and adaptive strategies in times of crisis.
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