Manila: President Ferdinand R. Marcos Jr. has officially approved a new round of salary increases for employees of government-owned and -controlled corporations (GOCCs), acknowledging their critical role in contributing significant revenues to the national treasury. Speaking at the 2025 GOCCs’ Day event held in Malaca±ang, President Marcos announced that he had signed the Compensation and Position Classification System (CPCS) II, which will facilitate the salary adjustments for GOCC workers.

According to Philippines News Agency, President Marcos emphasized the necessity of these adjustments, stating, “Well-deserved indeed,” a remark that was met with applause from the attendees. In addition to the salary increase, the President noted that GOCC employees would be granted a tiered medical allowance, contingent upon each corporation’s financial capability.

The salary hikes will be retroactively applied from January 1, 2025, for corporations that had already implemented CPCS I, once they receive the authorization to proceed from the Governance Commission for GOCCs. This decision comes in the wake of an impressive PHP116.8 billion dividend remittance from 53 GOCCs as of September this year, a sum that the government plans to allocate towards advancing education, healthcare, infrastructure, and social protection initiatives.

Albay 3rd District Representative Raymond Adrian Salceda expressed his gratitude towards President Marcos for the approval of CPCS II, describing it as a “victory” for GOCC workers. He highlighted the strategic importance of GOCCs in sectors such as finance, energy, infrastructure, agriculture, and social services. “These sectors require top talent and motivated professionals. They cannot fulfill these roles effectively if their workforce is demoralized by outdated pay scales. CPCS 2 corrects these gaps and motivates our public servants to serve better,” Salceda stated in a written statement.