Philippine gaming regulator PAGCOR says it will file a motion for reconsideration with the Governance Commission for GOCCs (GCG) for the retention of employee benefits that were discontinued under the agency’s new salary scheme.
The motion comes after PAGCOR received from the GCG on 31 January the Authority to Implement its new Compensation and Position Classification System (CPCS).
In a memorandum to all employees dated 14 February 2024, PAGCOR Chairman and CEO Alejandro H. Tengco said that while the agency’s CPCS has led to the upward adjustment of basic salaries, other employee benefits and incentives were discontinued in the new system.
“As part of our commitment to promote employee welfare, we will appeal to the GCG for the retention of some employee benefits such as the meal allowance, healthcare program, relocation expense for transferred employees, morale and welfare activities, among others, that help us build and retain a competent workforce,” Tengco said.
“Management recognizes the fact that human resource remains as our greatest asset. As one of the largest revenue earners and contributors to the national coffers, we need to optimize employee engagement to meet and exceed our revenue targets.”
PAGCOR first announced plans to implement a new staff payment system last month. The adjusted salaries are due to take effect from 15 February.
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