MANILA, Philippines — The Governance Commission for Government-Owned or Controlled Corporations (GCG) on Wednesday said it is hoping that the salary increase for employees of Government-Owned and Controlled Corporations (GOCCs) will be implemented next year.
During the Senate hearing for the GCG’s 2021 budget, GCG Commissioner Marites Doral said they are currently validating their data for its compensation study on the new compensation and position classification system (CPCS), which seeks to make GOCCs competitive with the private sector.
“As to the present status of our CPCS, in collaboration with our consultant, the Willis Tower (Willis Towers Watson Philippines Inc.), we already have the salary structure and it is undergoing refinements and review and validation of data submitted by GOCCs,” Doral said when sought for an update regarding the CPCS.
“In a week or two, we will present that to the GCG Commission en banc for final review and approval, to be submitted to the Office of the President,” she added.
In a previous Inquirer report, the pay hike for GOCC workers was delayed as the government budget was limited during the coronavirus disease (COVID-19) pandemic.
The GCG is expected to submit the data to the Office of the President later this year and if it is approved, the CPCS will be implemented in January 2021, Doral said.
“Adjusted yung timeline. Within this quarter, ang submission sa Office of the President and ang implementation, is hopefully kung ma-approve po agad, is January 2021,” Doral said.
(The timeline is adjusted. Within this quarter, is the submission to the OP, and the implementation, hopefully if it would be immediately approved, will be in January 2021.)