MANILA, Philippines – President Ferdinand Marcos Jr. on Tuesday has approved a salary increase and medical allowance for employees of government-owned or -controlled corporations (GOCCs).
“In support of the hardworking men and women who make this possible, I have approved the Compensation and Position Classification System II that will increase the salaries of GOCC employees. Well-deserved,” Marcos said in his speech Tuesday during the GOCCs’ Day in Malacañang.
“I have also approved the provision of a tiered medical allowance for GOCC employees depending on the capacity, of course, of the GOCC,” he added.
Marcos said that for GOCCs that implemented CPCS 1, the increases would retroact to Jan. 1, 2025, upon receipt of their Authority to Implement from the Governance Commission for GOCCs (GCG).
“So, as we celebrate these milestones, let us also recognize that there is much work still left to be done. My challenge to our GOCCs is to invest in modern technology, simplify our processes, and cut down on red tape so that every Filipino enjoys easy, fair, and dignified access to the services that they deserve,” he said.
“For the rest of the bureaucracy, our job is to ensure that the dividends of our GOCCs will redound to better services,” he added.