Sunday, 20 April 2025, 6:52 am

    GCG addressing government corporations compensation issues

    The Governance Commission for GOCCs or GCG said on Wednesday it is working to resolve issues raised under the Compensation and Position Classification System for those working in government-owned and controlled corporations, particularly concerns underscored by Clark Development Corp.

    CDC, which oversees the Clark Economic Zone, recently complained of disparity in salary increases and loss of allowances, benefits and incentives under the approved CPCS.

    The GCG established the CPCS to allow salaries in government-owned and controlled corporations be on par with comparable private sector firms even as it seeks to preserve government funds. 

    Since its inception in 2011, the GCG has helped grow government corporate assets to P10.820 trillion, or an annual average growth of 8 percent through 2021.

    GCG said it is actively participating in discussions with various GOCCs, CDC included, to resolve  salary, allowances and other benefits disputes. The commission is mandated by law to provide fair and impartial wages in accordance with the principle of “equal pay for work of equal value.”

    All requests and appeals are reviewed by the Governance Commission. 

    GCG uses salary rates in the private sector and the Salary Standardization Law to determine an optimum salary grade structure for the government corporate sector. 

    If CDC remains unsatisfied with the pay structure and wants to recover lost allowances, incentives and benefits, the government corporate may appeal to the Office of the President since the GCG is an agency under the OPS.

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