Executives of presidency owned and managed firms (GOCCs) can not count on to obtain larger salaries and allowances this yr.
President Rodrigo Duterte on Monday (July 24) ordered all GOCCs to submit their requests for a pay hike to his workplace.
“You’ll have to pass by my office and I am not inclined to increase your allowances, bonuses, and salaries at this time. Wala ‘yan,” he stated.
Duterte warned GOCCs they can not implement will increase in salaries and allowances on their very own. He joked that it could be doable if Senate Minority Leader Franklin Drilon turns into president.
“You have to direct it to the Executive Secretary. And I’ll just tell you, I am not inclined to give increases right now,” he stated.
Duterte stated the “excessive, extravagant, and unconscionable salaries and allowances, incentives, benefits and bonuses” of GOCCs shouldn’t be raised on condition that the nation is going through a disaster.