403x Filetype PPTX File size 1.77 MB Source: gcg.gov.ph
Discussion Agenda
Slide Title
• CPCS Guiding Principles and Rewards Philosophy
• Position Classification System
a. Business Unit Size
b. Career Bands, Career Levels and Job Grades
• Compensation Items
a. Salary Ranges
b. Fixed Bonuses and Fixed Cash Allowances
c. Performance-Based Bonuses
d. Other Items in and beyond the CPCS
• Implementation Guidelines of the CPCS
• Communications Planning and Key Messages
• Job Titles and Typical Qualification Standards
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Slide Title
CPCS Guiding Principles and Rewards
Philosophy
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Background of the Compensation and Position
Slide Title
Classification System (CPCS) for GOCCs
GOCC Governance Act of 2011 (Republic Act 10149), the GOVERNANCE
COMMISSION FOR GOVERNMENT-OWNED OR -CONTROLLED
CORPORATIONS (GCG) was mandated to:
(a) Classify GOCCs;
(b) Develop and recommend a competitive compensation and remuneration
system which shall:
—attract and retain talent
—allow the GOCC to be financially sound and sustainable
(c) Develop a COMPENSATION AND POSITION CLASSIFICATION SYSTEM
(CPCS) which shall apply to all officers and employees of GOCCs.
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CPCS Guiding Principles
Slide Title
1. Provide GOCCs with adequate operational autonomy and flexibility towards
ensuring efficient and effective implementation of a total compensation framework
to ensure:
(a) The adoption of reasonable, justifiable and appropriate remuneration
schemes to prevent or deter the granting of unconscionable and excessive
remunerations packages;
(b) Generally be competitive with the private sector doing comparable work,
and in compliance with prevailing laws on minimum wage;
(c) Operate within their affordability limits and sustainability capacities,
and in accordance with their overall size as provided herein;
(d) Adhere to the principle of equal pay for work of equal value; and
(e) The rewards system supports and encourages performance-driven,
productive, and efficient organizations.
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Guiding Principles (cont’d)
Slide Title
2. The CPCS shall be updated periodically by GCG based on
the following:
(a) A review of the GOCC compensation rates;
(b) The performance of the GOCC and its overall
contribution to the national economy;
(c) Drastic changes in market or business environment;
3. The CPCS shall cover all positions, on full or part time basis
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