Division of Price range and Administration (DBM) Secretary Amenah Pangandaman. (File Picture)
MANILA, Philippines — The mid-year bonus of presidency employees will probably be included within the first tranche of their wage improve to be launched this 12 months.
Price range Secretary Amenah Pangandman made the assertion on Monday after asserting that the Division of Price range and Administration (DBM) has already launched the rules on the elevate.
“Retroactive from January [2024], kasama din ang mid-year bonus,” Pangandaman informed reporters in Malacañang in an opportunity interview.
READ: Marcos indicators order for gov’t employees’ wage hike, further allowance
She stated the quantity will probably be launched as early as this month (August), relying on the federal government companies.
“Itong month na ito maibibigay ang retroactive nila [pero] depende sa company,” she famous.
READ: Cebu teams name for wage improve on Labor Day
Computation of the adjustment
Pangandaman stated the DBM has already launched its tips, and she or he already despatched it to all nationwide authorities companies to start “the computation of the adjustment.”
“So it’s as much as the departments now, companies at lahat na mag-implement ng adjustment para mapabilis ang pag launch ng changes na ito,” she went on.
READ: DBM: 4-part pay hike for gov’t employees to start out in 2025
The DBM earlier revealed that the primary of the four-tranche wage will increase for nationwide authorities workers will begin this 12 months, retroactively from January 2024, and adopted by yearly wage changes from January 2025 to January 2027.
In a press convention, Pangandaman stated the present Private Companies (PS) funds will probably be utilized to hold out the required wage modifications, with any shortfalls to be coated by the Miscellaneous Personnel Advantages Fund (MPBF).
“They’ll use their current PS na meron sila ngayon, and no matter po ’yung kulang, ’yun po ’yung kukunin natin sa MPBF,” the price range secretary defined.
First tranche
“Now we have earmarked P36 billion below the MPBF for the implementation of the primary tranche of SSL VI (Wage Standardization VI) this 12 months,” Pangandaman confused.
“In the meantime, within the 2025 Nationwide Expenditure Program, we’ve allotted some P70 billion pesos, additionally below the MPBF, for the second tranche and changes of the primary tranche,” she added.
Below the primary tranche, the typical charge of wage improve from Wage Grade-1 (SG-1) to SG-31 will probably be 4.41 p.c, bringing the compensation of presidency workers to 84.33 p.c of the market.
On the Sub-Skilled Degree (SGs 1 to 10), the rise will probably be between 4 p.c and 5.20 p.c, which means – the minimal primary wage (SG-1) will probably be adjusted from P13,000 to P13,530, leading to a P530 improve.
Skilled stage
On the Skilled Degree (SGs 11 to 24), the rise will vary from 4.50 p.c to five.60 p.c.
For Managerial Degree (SGs 25 to twenty-eight), the rise will probably be inside 4.15 p.c to 4.40 p.c; whereas for Govt Degree (SGs 29 to 31), will probably be from 2.65 p.c to three.90 p.c; and for High Leaders (SGs 31 to 33), the rise will probably be inside 2.35 p.c to 2.40 p.c.
It was on August 2 when President Ferdinand Marcos Jr. signed the order for presidency employees’ wage improve and extra allowance.
The wage hike will apply to all civilian authorities personnel within the Govt, Legislative and Judicial Branches; Constitutional Commissions; different Constitutional Workplaces; Authorities-Owned or Managed Firms (GOCCs) not coated by Republic Act 10149 or the “GOCC Governance Act of 2011” and EO No. 150 (s. 2021), and the native authorities.
In an episode on tv program Malacañang Insider, Pangandaman clarified that whereas employees within the nationwide authorities will benefit from the retroactive implementation of the wage improve, the identical received’t occur to native authorities workers whose improve will solely be efficient upon the discharge of the EO or on August 2.
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