The mid-year bonuses of government employees would be released starting May 15, the Department of Budget and Management (DBM) announced on Wednesday.
In a statement, the DBM said those employees entitled for a mid-year bonus include personnel that has rendered at least a total or an aggregate of four months of service from July 1, 2017 to May 15, 2018; personnel that remains to be in the government service as of May 15, 2018; and personnel that has obtained at least a satisfactory performance rating in the applicable performance appraisal period.
The DBM said the agency has allocated P36.2 billion for the mid-year bonuses of government employees.
The funding requirement for the 2018 mid-year bonus, the agency said, “has been comprehensively released to the agencies through the GAA as Allotment Order policy, pursuant to National Budget Circular No. 567 dated January 3, 2017.” /jpv