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| DBM amends the schedule for government workers' Year-End Bonus and cash gifts to coincide with the November payroll, ensuring timely payment. |
The Department of Budget and Management (DBM) has issued a new circular streamlining the payment schedule for the annual Year-End Bonus and cash gift for government employees. Under the new guidelines, eligible personnel will receive these benefits with the first payroll in November, ensuring timely distribution and addressing previous delays that impacted employee satisfaction.
The revised circular amends Budget Circular No. 2016-4, reflecting recent provisions of the FY 2024 General Appropriations Act and Republic Act (RA) No. 11466. The law mandates a Year-End Bonus equivalent to one month’s basic salary, plus a Php 5,000 cash gift for government employees, which is now set to be distributed with the November payroll.
Background on the new policy
In previous years, government employees experienced delays in receiving these payments, which the DBM acknowledged affected worker morale. The revised schedule aims to boost efficiency by aligning bonus payments with regular payroll processing.
The DBM also encourages agencies to adopt streamlined payroll procedures, minimizing processing time and ensuring timely benefits for government workers.
Impact on government employees
This amendment ensures that eligible government employees receive their Year-End Bonus and cash gift on time, supporting their financial planning for the holiday season. The DBM’s move is part of a broader initiative to improve employee welfare and workplace satisfaction across all government departments.
As a government employee, it’s essential to understand the procedures involved in receiving your year-end bonus. For tips on how to ensure you receive your year-end bonus on time, check out our article on How to ensure you receive your year-end bonus on time as a gov't employee.
As a government employee, it’s essential to understand the procedures involved in receiving your year-end bonus. For tips on how to ensure you receive your year-end bonus on time, check out our article on How to ensure you receive your year-end bonus on time as a gov't employee.
Eligibility and implementation
To be eligible, employees must meet the conditions specified in the amended circular. The updated payment process will begin with the November payroll, and departments are expected to follow the streamlined schedule.
The DBM has directed all government agencies, including local government units, state universities and colleges, and government-owned or -controlled corporations, to implement the updated guidelines. All previous regulations inconsistent with this new policy have been repealed.
Access the full guidelines
To provide readers with easy access to the complete guidelines, below is the official DBM circular. This document outlines all relevant details for the updated Year-End Bonus and cash gift distribution for government employees.
Budget Circular No. 2024-3 by itaclobanph
For further clarification, please consult your department’s human resources or payroll office. —iTacloban