Executive Order

EXECUTIVE ORDER NO. 7 DIRECTING THE rationalisation OF THE take on AND POSITION CLASSIFICATION SYSTEM IN THE regime-OWNED AND-CONTROLLED CORPORATIONS (GOCCs) AND GOVERNMENT monetary INSTITUTIONS (GFIs), AND FOR OTHER PURPOSES WHEREAS, transparency, accountability and prudence in organisation disbursal are among the core governance policies being follow by this administration; WHEREAS, while judicature Owned and Controlled Corporations (GOCCs) and Government fiscal Institutions (GFIs), by the nature of their operations, are accorded greater flexibleness to division properly and efficiently under a merchandise environment, such(prenominal) flexibility shall nevertheless be consistent with the precept of candid accountability; WHEREAS, there is a need to strengthen the weather eye over the compensation levels of GOCCs and GFIs, in order to control the open of excessive salaries, allowances, incentives and other benefits; WHEREAS, under Item (9) of the Senate and Ho use of Representatives alignment Resolution (J.R.) No. 4, s. 2009, agencies exempted from Republic Act (R.A.) No. 6758, as amended, shall observe the policies, parameters and guidelines governing congeal classification, salary rates, categories and rates of allowances, benefits, and incentives prescribed 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 dominate No. 1597, R.A. No. 6758, as amended by the J.R. Nos. 1, s. 1994, and 4, s. 2009, do hereby order and direct: SECTION 1. Rationalization of the hire and ! Position Classification System in GOCCs and GFIs. The compensation and spotlight classification system in all GOCCs and GFIs shall be rationalized in accordance with the policies, principles and parameters prescribed in this Order. SECTION 2. Guiding Principles. The following(prenominal) principles, patterned after the governing principles in J.R. No. 4, s. 2009,...If you compliment to get a full essay, order it on our website: OrderCustomPaper.com

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