State-run Philippine Amusement and Gaming Corporation (PAGCOR) has defended the incentives and bonuses that its officials and staff have been receiving, saying it has the authority to craft its personnel policies.
PAGCOR issued a statement clarifying its bonuses and allowances a day after the Philippine Commission on Audit (COA) flagged what it deemed as excessive perks that its employees have been allegedly enjoying, including 18-karat gold ring, as well as car plans and cash benefits.
Citing Section 16 of Presidential Decree Number 1869 (PD1869), PAGCOR argued that its Board of Directors has the authority to determine appropriate personnel management policies, includingthe adjustments in the salaries and benefits, as well as the loyalty award granted by PAGCOR.
PAGCOR pointed out that Philippine agencies like the Office of the President (OP)and the Office of the Government Corporate Counsel (OGCC) have affirmed such authorityover the past years.