About 1.4 million government employees will receive P5,000 Productivity Enhancement Incentive (PEI) this month, the Department of Budget and Management (DBM) said on Tuesday.
The DBM added that some agencies have released funds for the incentive on December 15.
The amount is on top of the year-end bonus that is equivalent to a month’s pay and the additional P5,000 cash gift given by the department across-the-board. The government will need P7 billion for the one-time productivity bonus.
Employees who have rendered at least four months of service this year are entitled to the incentive pay. Those who rendered service for less than four months can also get a pro-rated bonus.
“We will be providing our employees the PEI worth P5,000 as recognition of their efforts and consistent showing this year. We also hope to motivate them further to increase their efficiency and overall performance as we collectively continue pursuing our socio-economic development goals,” Budget Secretary Florencio Abad said.
Local government unit (LGU) employees will also receive the incentive to be charged against the available funds of their respective LGUs. The amount, however, will be determined by their respective local sanggunian (councils).
While the PEI of national government agencies will be sourced from the Miscellaneous Personnel Benefits Fund under the 2014 budget, the fund for employees of government-owned and -controlled corporations and government financial institutions will be charged against their respective approved corporate operating budgets for the year, the DBM noted.
“The PEI will help our employees in terms of their expenses now that the holiday season is already upon us. At the same time, we also hope to remind our personnel that their contributions and commitment to the country are well acknowledged and counted upon as we continue to respond to the needs of the Filipino people,” Abad said.