Government Workers to Receive Year-End Bonus and Cash Gift Early
The Department of Budget and Management (DBM) has approved the early release of the year-end bonus and cash gift for government employees. Under the new Budget Circular 2024-3, eligible workers will receive a bonus equal to one month’s salary and a PHP 5,000 cash gift with their first November payroll. This change aims to boost employee morale, streamline payroll, and ensure timely payments just in time for the holiday season.