DBM advances bonus, cash giftsto government workers
Credit to Author: Louise Maureen Simeon| Date: Sun, 27 Oct 2024 00:00:00 +0800
MANILA, Philippines — The Department of Budget and Management (DBM) is advancing the release of bonuses and cash gifts to government workers.
In the latest DBM budget circular, qualified state personnel will receive their year-end bonuses and cash gift at the start of November.
The circular is addressed to all heads of departments, bureaus, offices and agencies of the government including constitutional offices enjoying fiscal autonomy.
It also covers state universities and colleges, government-owned or controlled corporations and local government units.
Previously, the year-end bonus and cash gift were given not earlier than Nov. 15.
“It has been observed that government personnel continue to experience delays in receiving bonuses and cash gifts, affecting their morale, motivation and level of job satisfaction,” Budget Secretary Amenah Pangandaman said.
She added that the streamlining of the payroll process of each agency will mitigate the internal and external causes of delay in the payment of benefits.
Qualified state workers are entitled to a year-end bonus equivalent to one month basic pay.
For the cash gift, P5,000 will be given to government personnel.
These are categorized under the standard allowances and benefits component of the total compensation framework.