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picture1_Career Ppt 65623 | Zi0rufqcrnxdytk5x0vf


 230x       Filetype PPTX       File size 1.77 MB       Source: gcg.gov.ph


File: Career Ppt 65623 | Zi0rufqcrnxdytk5x0vf
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 ...

icon picture PPTX Filetype Power Point PPTX | Posted on 27 Aug 2022 | 3 years ago
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    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
                                                                                                                        2
   Slide Title
      CPCS Guiding Principles and Rewards 
                     Philosophy
                                                 3
   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.
                                                                                             4
  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. 
                                                 5
  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
                                                  6
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...Discussion agenda slide title cpcs guiding principles and rewards philosophy position classification system a business unit size b career bands levels job grades compensation items salary ranges fixed bonuses cash allowances c performance based d other in beyond the implementation guidelines of communications planning key messages titles typical qualification standards background for goccs gocc governance act republic commission government owned or controlled corporations gcg was mandated to classify develop recommend competitive remuneration which shall attract retain talent allow be financially sound sustainable apply all officers employees provide with adequate operational autonomy flexibility towards ensuring efficient effective total framework ensure adoption reasonable justifiable appropriate schemes prevent deter granting unconscionable excessive remunerations packages generally private sector doing comparable work compliance prevailing laws on minimum wage operate within their ...

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