Quantcast
Latest Stories

DBM allots P11.68B for gov’t employees’ P10,000 bonus

By

MANILA, Philippines — Budget Secretary Florencio B. Abad said on Monday his department has proposed to Malacañang an P11.68-billion kitty for a P10,000 productivity enhancement incentive (PEI) for national government employees.

Abad said in a statement state personnel would receive the PEI, which should be covered by an administrative order, on top of their 13th month pay and P5,000 cash gift – both of which have been set to be given out in the second half of this month.

The budget chief explained that while similar incentives have been granted in past years, Malacañang, this time around, would shoulder the full amount instead of providing only P7,000 and then requiring state agencies to provide a counterpart of P3,000 which should come from their savings.

“Under the old policy, there are agencies who cannot provide their P3,000 share in full or in part, to their employees due to insufficient savings,” he said.

“To be fair to all employees, we are proposing that the full P10,000 will be given to them through the national government,” he added.

Abad also said that Malacanang would do so “as a proof of the [government’s] stable fiscal situation,” which he said was due to improved management of expenditure and budget deficit.

Further, he said that the new policy would prevent agencies from artificially generating savings — at the expense of the programs and projects they have been tasked to implement — to finance their share of PEI.

Earlier, Abad said, agencies and state-run firms refrained from hiring new employees in order to generate savings that were converted to bonuses at the end of the year.

The proposed order makes eligible for the PEI those employees that have a status of permanent, temporary, casual or contractual, and that are and still active in the service as of Nov. 30 this year.

The full amount will be given for those who have rendered at least four months of service as of that date.

For employees of state-run firms and government financial institutions, the amount will be charged against the savings of these government firms, whether in full or in part, depending on the sufficiency of funds.

As for employees in the legislature and the judiciary as well as from other offices with fiscal autonomy, a PEI of not more than P10,000 may be granted depending on their available savings.


Follow Us

Follow us on Facebook Follow on Twitter Follow on Twitter


Recent Stories:

Complete stories on our Digital Edition newsstand for tablets, netbooks and mobile phones; 14-issue free trial. About to step out? Get breaking alerts on your mobile.phone. Text ON INQ BREAKING to 4467, for Globe, Smart and Sun subscribers in the Philippines.

Tags: bonuses , Budget Secretary Florencio B. Abad , civil service , Government , government workers , news , productivity enhancement incentive , State Budget and Taxes

  • Anonymous

    MGA HUDAS!!! Nag implement kayo ng VAT sa tollways just to raise 1B, pero you allot 11B just for Christmas bonuses

    • Anonymous

      hudas na mabait, at least bumabalik sa masa… taxes are meant to fund the program of the government. instead of criticizing the hudas… ask them to give more to the “masa”. 

  • http://pulse.yahoo.com/_O343AT2PRTOYL5SRGBVQA3MO7U james

    Bonus? Please ask PNoy to GO AROUND GOVERNMENT OFFICES AND LET HIM JUDGE IF THEY DESERVE A BONUS. Just unjustifiable!!!!!

  • Anonymous

    I hope that this benefit extends to our men in uniform particulary for those who are serving in combat  areas.instead of filling up the pockets of white elephants in the government service. I aslo doubt the logic of giving these bonuses, since few weeks ago the DBM stated that we are short of funds to complete necessay repairs to some infra structures , so what is the truth.



Copyright © 2013, .
To subscribe to the Philippine Daily Inquirer newspaper in the Philippines, call +63 2 896-6000 for Metro Manila and Metro Cebu or email your subscription request here.
Factual errors? Contact the Philippine Daily Inquirer's day desk. Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate. Or write The Readers' Advocate:
c/o Philippine Daily Inquirer Chino Roces Avenue corner Yague and Mascardo Streets, Makati City, Metro Manila, Philippines Or fax nos. +63 2 8974793 to 94
Advertisement

News

  • Seoul press doubtful over North Korea dialogue offer
  • Waterspout damages 38 houses in Polomolok
  • US kidnap case hero not endorsing free burgers
  • Elite NYC school apologizes for past abuse
  • 3 survive US bridge collapse; New span sought
  • Sports

  • Arellano banks on strong start to thrash JRU
  • Santos accepts offers for Neymar; player deciding
  • Indy 500 could be better than 2012′s epic race
  • Pacers steal Game 2 from Heat, 97-93
  • Fever top Silver Stars to open WNBA title defense
  • Lifestyle

  • Healthy gorilla born to 1st time parents at US zoo
  • US teen takes Danish supermodel to prom
  • Ninoy Aquino’s birthday is ‘Day of Reading’
  • You can’t sink in the Dead Sea
  • In New York, Filipino costume and set designer Clint Ramos wins Obie Award
  • Entertainment

  • Stone Temple Pilots sue ex-frontman Scott Weiland
  • Cannes: Dern a leading man again in ‘Nebraska’
  • Demi Lovato is a work in progress
  • Stars’ ‘shameful’ secrets revealed
  • Penchant for loopy and messy details
  • Business

  • Court of Appeals stops field trials of genetically modified eggplant
  • GDP on track to meet 6-7% target
  • Stocks continue to decline
  • BSP chief says capital flight to spare PH
  • Imports contracted in Q1
  • Technology

  • A new way for Filipinos to connect on social media launched
  • Statement of Smart Communications
  • Yahoo takes big leap with $1.1B deal for Tumblr
  • Poll: More US teens turn to Twitter; Facebook old
  • Tips to avoid becoming an identity theft victim
  • Opinion

  • Brillantes’ tantrums
  • Pointed questions for the Comelec chair
  • Social enterprise as innovative business model
  • Perennial irony
  • Voters like election surveys
  • Global Nation

  • Seamen may file complaints at sea
  • Rescue of Russian mountaineer from Mt. Mayon proved costly
  • PCG report on grounded US ship due
  • Fil-Am staffers and students join UC Medical Center strike frontline
  • Kids make art to help rescue other kids from neglect
  • Marketplace
    Advertisement
    Azure Skin Ad
    Azure Skin Ad
    © Copyright 1997-2013 INQUIRER.net | All Rights Reserved