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+ Follow PRESIDENT AND CABINET Tag
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[Title] => Pay cut for state execs illegal?
[Summary] => Malacañang admitted yesterday there may be legal constraints in the implementation of President Arroyo’s recent directive to reduce salaries and benefits of senior executives working in government-owned and controlled corporations (GOCCs) and government financial institutions (GFIs).
Budget Secretary Emilia Boncodin said affected managers, board directors, members and trustees in state firms can easily invoke existing employment laws in questioning Memorandum Order 20.
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[Summary] => Malacañang admitted yesterday there may be legal constraints in the implementation of President Arroyo’s recent directive to reduce salaries and benefits of senior executives working in government-owned and controlled corporations (GOCCs) and government financial institutions (GFIs).
Budget Secretary Emilia Boncodin said affected managers, board directors, members and trustees in state firms can easily invoke existing employment laws in questioning Memorandum Order 20.
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PRESIDENT AND CABINET
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[Title] => Pay cut for state execs illegal?
[Summary] => Malacañang admitted yesterday there may be legal constraints in the implementation of President Arroyo’s recent directive to reduce salaries and benefits of senior executives working in government-owned and controlled corporations (GOCCs) and government financial institutions (GFIs).
Budget Secretary Emilia Boncodin said affected managers, board directors, members and trustees in state firms can easily invoke existing employment laws in questioning Memorandum Order 20.
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[Title] => Pay cut for state execs illegal?
[Summary] => Malacañang admitted yesterday there may be legal constraints in the implementation of President Arroyo’s recent directive to reduce salaries and benefits of senior executives working in government-owned and controlled corporations (GOCCs) and government financial institutions (GFIs).
Budget Secretary Emilia Boncodin said affected managers, board directors, members and trustees in state firms can easily invoke existing employment laws in questioning Memorandum Order 20.
[DatePublished] => 2001-06-29 00:00:00
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abtest
By Marichu A. Villanueva | June 29, 2001 - 12:00am
By Marichu A. Villanueva | June 29, 2001 - 12:00am
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