GCG reminds GOCCs on employee incentives | Jasper Y. Arcalas
THE Governance Commission for GOCCs (GCG) on Tuesday reminded government owned and controlled corporations (GOCCs) to abide by the state’s auditing rules and existing regulations in giving away incentives to their employees. The GCG reiterated that the granting of the “Program on Awards and Incentives for Service Excellence,” or “Praise,”…