President Ferdinand “Bongbong” Marcos Jr. has approved a new round of salary increases for employees of government-owned and -controlled corporations (GOCCs), citing their role in delivering record remittances to the state.
Speaking during the 2025 GOCCs’ Day in Malacañang on Tuesday, Marcos confirmed that he had signed the Compensation and Position Classification System (CPCS) II, which provides salary adjustments for GOCC workers.
“Well-deserved indeed,” Marcos said, drawing applause from employees and executives.
Marcos also announced that GOCC employees will receive a tiered medical allowance, depending on the financial capacity of their respective corporations.
For GOCCs that already implemented CPCS I, the increases under CPCS II will take effect retroactively from January 1, 2025, once they receive approval from the Governance Commission for GOCCs (GCG).
The pay hike comes after 53 GOCCs remitted a record ₱116.8 billion in dividends to the national treasury as of September 2025, which the administration said will help fund education, healthcare, infrastructure, and social protection programs.
Meanwhile, Albay 3rd District Rep. Raymond Adrian Salceda thanked Marcos for approving CPCS II, calling it a “victory” for GOCC employees.
“GOCCs perform strategic functions in 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 They cannot fulfill these roles effectively if their workforce is demoralized by outdated pay scales.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 said in a statement.