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Byline: Ana Mae G. Roa
A TASK FORCE created to rationalize compensation at state-owned firms expects to submit its proposals just as a Palace-ordered suspension of bonuses, allowances and incentives expires.
Civil Service Commission (CSC) Chairman Francisco P. Duque III, a member of the Task Force on Corporate Compensation (TFCC), said a fresh extension of the ban was not needed.
The TFCC created by President Benigno S. C. Aquino III last year, had missed a Dec. 31 deadline and Malacanang subsequently extended the ban for another month to Jan. 31.
The task force is composed of representatives from the Office of the President, the Budget and …