Gov’t employees to receive midyear bonus - News Summed Up

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Gov’t employees to receive midyear bonus


Starting May 15, government employees will receive a midyear bonus. Budget Secretary Benjamin E. Diokno told the Inquirer that the government had allocated a total of P32 billion—P26 billion for civilian personnel and P6 billion for members of the Armed Forces—for the midyear bonus. In Budget Circular No. The grant of a midyear bonus or “14th-month pay,” equivalent to one month basic salary, is mandated by Executive Order (EO) No. The EO mandated compensation adjustments in four annual installments starting last year until 2019.


Source: Philippine Daily Inquirer May 10, 2017 18:00 UTC



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