Aquino OKs performance bonus for gov't employees
MANILA, Philippines - President Benigno Aquino III has ordered the formal adoption of a performance-based bonus (PBB) in government starting this year, which would enable a public employee to earn additional incentive of P5,000 to P35,000 a year.
The grant of the performance based bonuses aims to motivate the government employees and their offices to higher performance and greater accountability and ensure the accomplishments of their respective commitment targets.
The President, in signing Executive Order No.80 last July 20, said the PBB would be on top of the P5,000 productivity enhancement incentive (PEI) that is given across the board annually.
The grant of the PBB shall depend on the achievements and performance of departments under their Major Final Outputs (MFOs); the Priority Program/Project commitments; and thegood governance conditions set by the Inter-Agency Task Force (IATF).
Funding for the PBB shall be sourced from the Miscellaneous Benefits Fund in the General Appropriations Act of the departments or bureaus, and the respective corporate funds for government-owned and controlled corporations. - Rappler.com