DBM: P69.4B out for gov't workers' year-end bonus, cash gift | Inquirer News

DBM: P69.4B out for gov’t workers’ year-end bonus, cash gift

By: - Reporter / @JMangaluzINQ
/ 09:35 AM November 15, 2023

DBM says government workers to receive bonuses

INQUIRER FILE PHOTO

MANILA, Philippines — Government employees will receive their bonuses beginning Wednesday, Department of Budget and Management (DBM) Secretary Amenah Pangandaman said.

Specifically, the DBM said government employees are set to get their Year-End Bonus (YEB) and Cash Gift (CG) totaling P69.4 billion.

Article continues after this advertisement

The YEB equals one month’s salary, while the CG is P5,000, the DBM explained.

FEATURED STORIES

“This is a well-deserved symbol of appreciation for our government workers, our heroes, who give their all for the country— those who walk the extra mile and spend longer work hours out of their sheer sense of public service,” Pangandaman said in a statement.

“This is in line with the directive of President Ferdinand R. Marcos, Jr. to ensure that our government workers are given these rightful tokens for all their sacrifices that are greatly contributing to the reactivation of our economy,” she also said.

Article continues after this advertisement

RELATED STORIES

Article continues after this advertisement

P7.5 billion for mid-year bonus of PNP personnel

After two years, DBM grants P11.6B for 2021 teacher bonuses

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: bonus, Department of Budget and Management, Government

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.