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PAGCOR Fights for Employee Benefits: A Strategic Appeal to Sustain Workforce Welfare

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PAGCOR

Championing Employee Welfare Amid Regulatory Changes

In the dynamic landscape of the Philippine gaming industry, the Philippine Amusement and Gaming Corporation (PAGCOR) stands at the forefront, not just as a regulator and operator but as a committed advocate for its employees’ welfare. Amidst the introduction of a new Compensation and Position Classification System (CPCS) by the Governance Commission for GOCCs (GCG), PAGCOR has taken a bold step to safeguard the benefits that contribute significantly to its workforce’s morale and efficiency.

A Commitment to Employee Engagement and Welfare

On January 31, PAGCOR embraced the new salary scheme approved by the GCG, a move aimed at aligning its compensation structure with broader governmental standards. However, recognizing the invaluable role that additional employee benefits play in fostering a positive work environment, PAGCOR has announced its plan to file a motion for reconsideration with the GCG. This appeal, as articulated by PAGCOR’s chairman and CEO Alejandro H. Tengco, underscores the organization’s dedication to retaining key benefits like meal allowances, healthcare programs, and support for relocated employees, among others.

Building a Competent and Motivated Workforce

The rationale behind PAGCOR’s appeal is deeply rooted in the understanding that its human resources are its most significant asset. In a memo to all employees, Tengco highlighted the organization’s resolve to maintain benefits that are crucial for building and retaining a competent and motivated team. This approach is not just about maintaining the status quo but about reinforcing PAGCOR’s position as a major revenue contributor to the national treasury. By optimizing employee engagement, PAGCOR aims to surpass its revenue targets, thereby fulfilling its mandate more effectively.

A Strategic Move for Sustainable Success

As PAGCOR employees adjust to their new salaries starting February 15, the organization’s leadership is keenly aware of the broader implications of the GCG’s decision on employee benefits. The appeal to the GCG is more than a request for reconsideration; it’s a strategic move to ensure the long-term sustainability of PAGCOR’s operations. By advocating for the retention of certain benefits, PAGCOR is not only looking out for its employees but is also making a strong statement about the importance of welfare measures in achieving operational excellence.

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Conclusion: A Forward-Thinking Approach to Workforce Management

PAGCOR’s decision to appeal against the discontinuation of employee benefits highlights a forward-thinking approach to workforce management. In an industry where human capital is as critical as regulatory compliance and financial performance, PAGCOR’s actions reflect a deep-seated commitment to employee welfare. As the appeal process unfolds, it will serve as a testament to PAGCOR’s resolve to balance regulatory mandates with the needs of its most valuable asset—its people.

Andrew, a seasoned specialist in sports writing, joins the Gamingo.News editorial team, enriching our coverage with his profound expertise in sports journalism. His fascination with the sports industry ignited in his university days, where he excelled in collegiate sports analysis, eventually steering him towards the dynamic realm of sports betting and online gaming forums. Armed with a wealth of insight and experience, Andrew now channels his fervor for sports into insightful reporting, offering our readers exclusive updates and in-depth perspectives on the latest online gaming trends.

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