Executive Order

EXECUTIVE ORDER NO. 7 DIRECTING THE systematisation OF THE remove AND POSITION CLASSIFICATION SYSTEM IN THE brass-OWNED AND-CONTROLLED CORPORATIONS (GOCCs) AND GOVERNMENT monetary INSTITUTIONS (GFIs), AND FOR OTHER PURPOSES WHEREAS, transparency, accountability and prudence in government activity disbursal are among the core governance policies being select by this administration; WHEREAS, while governing body Owned and Controlled Corporations (GOCCs) and Government fiscal Institutions (GFIs), by the nature of their operations, are accorded greater tractableness to division properly and efficiently under a grocery environment, such(prenominal) flexibility shall nevertheless be consistent with the precept of tangible accountability; WHEREAS, there is a need to strengthen the oversight over the compensation levels of GOCCs and GFIs, in order to control the hope of excessive salaries, allowances, incentives and other benefits; WHEREAS, under Item (9) of the Senate and House of Representatives join 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 confirming 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 rein 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: SE CTION 1. Rationalization of the hire and Po! sition Classification System in GOCCs and GFIs. The compensation and built in bed 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 succeeding(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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