MANILA, Philippines – More good news await government employees this coming December. Employees from qualified government agencies will receive additional cash incentives, as announced by Budget secretary Benjamin Diokno today, November 21.
The Department of Budget and Management (DBM) confirmed that government employees may receive another round of cash incentives, provided their agency is taking part in cost cutting measures. The cash incentive may be expected to be released not earlier than December 15 this year.
The incentive is part of the collective negotiation agreement (CNA), the equivalent of the collective bargaining agreement (CBA) in private firms.
Diokno explained, “A CNA incentive may be granted to both management and rank-and-file employees with approved and successfully implemented CNAs.”
“The CNA is a recognition of the worker's efforts in accomplishing performance targets at lesser cost, and in attaining more efficient and viable operations through cost-cutting measures and systems improvements," he explained further.
When asked how much will employees get to take home, Diokno said that it is not fixed because it will “depend on the amount of money saved from cost-cutting measures of the agency.” But in all cases, a qualified employees can earn as much as P25,000 as maximum CNA incentive.
Diokno reiterated, “If your agency is not able to generate savings, do not expect this incentive.”
The CNA incentive is on top of the 14th month pay and cash bonuses government personnel will get. The incentive covers regular, contractual, or casual positions, full-time or part-time in national government agencies, state universities and colleges, government-owned and controlled corporations, local water districts, and local government units.
— Sally, The Summit Express
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| Budget secretary Benjamin Diokno announced more cash incentives for qualified government employees | Photo Courtesy: Facebook/DBM |
The Department of Budget and Management (DBM) confirmed that government employees may receive another round of cash incentives, provided their agency is taking part in cost cutting measures. The cash incentive may be expected to be released not earlier than December 15 this year.
The incentive is part of the collective negotiation agreement (CNA), the equivalent of the collective bargaining agreement (CBA) in private firms.
Diokno explained, “A CNA incentive may be granted to both management and rank-and-file employees with approved and successfully implemented CNAs.”
“The CNA is a recognition of the worker's efforts in accomplishing performance targets at lesser cost, and in attaining more efficient and viable operations through cost-cutting measures and systems improvements," he explained further.
When asked how much will employees get to take home, Diokno said that it is not fixed because it will “depend on the amount of money saved from cost-cutting measures of the agency.” But in all cases, a qualified employees can earn as much as P25,000 as maximum CNA incentive.
Diokno reiterated, “If your agency is not able to generate savings, do not expect this incentive.”
The CNA incentive is on top of the 14th month pay and cash bonuses government personnel will get. The incentive covers regular, contractual, or casual positions, full-time or part-time in national government agencies, state universities and colleges, government-owned and controlled corporations, local water districts, and local government units.
— Sally, The Summit Express
