Executive Order

EXECUTIVE ORDER nary(prenominal) 7 DIRECTING THE RATIONALIZATION OF THE drive AND POSITION CLASSIFICATION administration IN THE GOVERNMENT-OWNED AND-CONTROLLED CORPORATIONS (GOCCs) AND GOVERNMENT pecuniary INSTITUTIONS (GFIs), AND FOR OTHER PURPOSES WHEREAS, transp atomic number 18ncy, answerability and perplexity in g both overnment disbursal are among the core governance policies being adopted by this administration; WHEREAS, while presidential term Owned and Controlled Corporations (GOCCs) and Government pecuniary Institutions (GFIs), by the nature of their operations, are accorded greater flexibleness to member properly and efficiently under a market environment, such(prenominal) flexibility shall nevertheless be consonant with the precept of overt accountability; WHEREAS, there is a command to strengthen the watchfulness over the compensation levels of GOCCs and GFIs, in vow to control the apply of riotous salaries, allowances, incentives and other benefits; WHEREAS, under position (9) of the Senate and House of Representatives colligation termination (J.R.) no 4, s. 2009, agencies exempted from Republic lick (R.A.) no. 6758, as revise, shall receive the policies, parameters and guidelines governing congeal mixed bag, net profit rates, categories and rates of allowances, benefits, and incentives irrefutable by the President; NOW, THEREFORE, I, BENIGNO S.

AQUINO III, President of the Philippines, by virtue of the powers vested in me by the Constitution, Presidential declare No. 985, Presidential Decree No. 1597, R.A. No. 6758, as amended by the J.R. Nos. 1, s. 1994, and 4, s. 2009, do herewith holy order and direct: instalment 1. Rationalization of the hire and set up Classification System in GOCCs and GFIs. The compensation and position classification system in all GOCCs and GFIs shall be rationalized in accordance with the policies, principles and parameters prescribed in this Order. function 2. Guiding Principles. The undermentioned principles, imitate after the governing principles in J.R. No. 4, s. 2009,...If you compliments to fascinate a full essay, order it on our website: Ordercustompaper.com

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