Thursday, December 18, 2014

Additional P5K bonus for govt employees



In line with rewarding civil servants for their hard work and motivating them towards higher productivity, Department of Budget and Management (DBM) Secretary Florencio “Butch” Abad reported that government employees will be receiving a one-time P5,000 bonus for the year starting on Monday, December 15.

According to DBM records as of October 31, about 1.4 million national government employees (civilian and uniformed personnel) will be granted the Productivity Enhancement Incentive (PEI) of a maximum of P5,000 and totaling around P7 billion. Abad clarified that this is on top of the year-end bonus equivalent to a month’s pay and the additional P5,000 cash gift recently provided by the department across-the-board.

“We will be providing our employees the PEI worth P5,000 as recognition of their efforts and consistent showing this year. We also hope to motivate them further to increase their efficiency and overall performance as we collectively continue pursuing our socio-economic development goals,” Abad said.

Under Budget Circular 2014-3, the PEI will be granted to employees who are in active service as of October 31 and have rendered at least a total or an aggregate of four months of service for the year. On the other hand, employees who have rendered less than four months will be entitled to pro-rated PEI.

While the PEI of national government agencies will be sourced from the Miscellaneous Personnel Benefits Fund (MPBF) under the 2014 budget, the PEI for the employees of government-owned and -controlled corporations (GOCCs) and government financial institutions (GFIs) will be charged against their respective approved corporate operating budgets for the year.

The Budget Chief also highlighted that Local Government Unit (LGU) employees are eligible to receive the PEI, to be charged against the available funds of their respective LGUs and more importantly, at rates that will be determined by their respective local sanggunian.

This discretion, Abad noted, will be subject to the Personnel Services limitation in LGU budgets under the Local Government Code, the same guidelines on the eligibility of employees from the Executive branch, and provided that the sanggunian shall determine reasonable amounts and will not, in any way, adversely affect the delivery of services to their respective communities.

“The PEI will help our employees in terms of their expenses now that the holiday season is already upon us. At the same time, we also hope to remind our personnel that their contributions and commitment to the country are well acknowledged and counted upon as we continue to respond to the needs of the Filipino people,” Abad added. (DBM)

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