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P30-K bonus for Ceneco employees questioned

first_img UCAN legal counsel Vicente Petierre said they are seeking an explanation for the basis of the supposed P30,000 anniversary bonus. BACOLOD City – The Utilities Consumers Alliance of Negros (UCAN) has urged the Central Negros Electric Cooperative Inc. to exercise prudence in giving bonuses and to explain why it is granting a huge amount to its employees. He explained, upon release, P4,000 will be deducted for Ceneco performance standards. He noted that management recommended upping the amount to P30,000. Venus said the P30,000 proposal still needs the approval of the National Electrification Administration./PNcenter_img For his part, Ceneco vice presidentRoy Cordova, said the utility cooperative provides P7,000 bonuses for each oftheir workers annually. “What we have received this month, representing our anniversary bonus, was an amount of P7,000,” he stated. However, Ceneco Member-Consumers Integrated Services Division chief Roel Venus affirmed, “We have not received anything from the P30,000.”last_img

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