CUC board approves pay cut; management will not implement it right away

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COMMONWEALTH Utilities Corp. Executive Director Gary Camacho said the board has approved an across-the-board, eight-hour work reduction and pay cut, but CUC management has yet to implement it.

Camacho said management wants to ensure that ongoing projects and operations will not be hampered by the austerity measure.

In the meantime, he said CUC will continue other cost-cutting measures.

CUC administrative officer and financial account manager Betty Terlaje said the 10% pay cut approved by the board will apply to all employees, including managers and supervisors.

CUC has about 50 employees at managerial and supervisory levels and more than 320 hourly employees, Variety was told.

Camacho said CUC will implement the pay cut once they have “exhausted all our internal cost-cutting measures.”

He acknowledged that the pay cut may result in the closure of CUC offices on Fridays, an increase in work backlog, and customer service delays.

Certain employees, for their part, will still be required to meet deadlines, he added.



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