Human Resource Management Report
COMPENSATION, BENEFITS AND WORKING CONDITIONS
One of the most difficult functions of personnel management is that which concerns compensating the employees fairly and equitably.
OVERVIEW OF THE COMPENSATION SYSTEM
The American Regime * Act No. 102 Act Regulating the Salaries of Officers and Employees in the Philippine Civil Service
The Commonwealth Regime * Commonwealth Act No. 402 An Act to Provide for the Classification of Positions and Standardization of Salaries in the Government
The Philippine Republic * Position Classification and Pay Plans of 1957 * Budgetary Reform Decree on Compensation and Position Classification of 1976 Presidential Decree No. 985 * Compensation and Classification Act of 1989 Republic Act No. 6758 An Act Prescribing a Revised Compensation and Position Classification System in the Government and for Other Purposes – Salary Standardization Law RA 6758 – Salary Standardization Law * Integrated allowances and benefits into the salary * Increased the salary schedule from 28 to 33 grades * Reduced classes of positions * Implemented salary increase based on the revised schedule
(Please see attached Table for Total Compensation)
TOTAL COMPENSATION PACKAGE
Governing Principles of the Compensation Plan * All government personnel shall be paid just and equitable salaries and wages * The basic pay for all personnel in the government shall generally be comparable with those in the private sector * The total compensation program of government personnel shall be maintained at a reasonable level in proportion to the national budget * Government compensation rates shall be reviewed periodically taking into account possible erosion in purchasing power due to inflation and other economic factors
Salary Schedule * The salary schedule under the CP is a table of Salary Grades (SG) consisting of several salary steps with corresponding money values. * A
One of the most difficult functions of personnel management is that which concerns compensating the employees fairly and equitably.
OVERVIEW OF THE COMPENSATION SYSTEM
The American Regime * Act No. 102 Act Regulating the Salaries of Officers and Employees in the Philippine Civil Service
The Commonwealth Regime * Commonwealth Act No. 402 An Act to Provide for the Classification of Positions and Standardization of Salaries in the Government
The Philippine Republic * Position Classification and Pay Plans of 1957 * Budgetary Reform Decree on Compensation and Position Classification of 1976 Presidential Decree No. 985 * Compensation and Classification Act of 1989 Republic Act No. 6758 An Act Prescribing a Revised Compensation and Position Classification System in the Government and for Other Purposes – Salary Standardization Law RA 6758 – Salary Standardization Law * Integrated allowances and benefits into the salary * Increased the salary schedule from 28 to 33 grades * Reduced classes of positions * Implemented salary increase based on the revised schedule
(Please see attached Table for Total Compensation)
TOTAL COMPENSATION PACKAGE
Governing Principles of the Compensation Plan * All government personnel shall be paid just and equitable salaries and wages * The basic pay for all personnel in the government shall generally be comparable with those in the private sector * The total compensation program of government personnel shall be maintained at a reasonable level in proportion to the national budget * Government compensation rates shall be reviewed periodically taking into account possible erosion in purchasing power due to inflation and other economic factors
Salary Schedule * The salary schedule under the CP is a table of Salary Grades (SG) consisting of several salary steps with corresponding money values. * A