SRI 2023: President Marcos Jr. Considers P20,000 Incentive for Executive Branch Employees Amidst Economic Challenges
In a move to support government employees during economic hardships, President Ferdinand “Bongbong” Marcos Jr. of the Philippines has revealed a plan under consideration to grant a significant incentive to qualified workers within the executive branch. This proposal comes as a continuation of the government’s ongoing efforts to provide financial relief to its workforce.
During an impromptu interview in Taguig City, President Marcos Jr. expressed his concern for the Filipino people, acknowledging the widespread economic difficulties. “All Filipinos are suffering right now. So, in whatever way we can help, we will do it,” he emphasized. The proposed incentive, amounting to P20,000, aims to provide additional support to eligible government employees, a gesture of recognition for their service amidst challenging times.
This announcement follows a precedent set in December 2022, when the government awarded a service recognition incentive to qualified employees. Such initiatives underscore the administration’s commitment to its workforce.
However, the President noted the importance of assessing the financial feasibility of this new incentive. The decision hinges on the government’s fiscal position at the end of the year, which will determine the viability of distributing these funds. The Department of Budget and Management has recently allocated P69.4 billion for year-end bonuses and cash gifts for government workers, reflecting the administration’s ongoing efforts to support its employees financially.
As the nation navigates through economic challenges, the potential incentive for executive branch employees stands as a testament to the government’s dedication to supporting its workforce. The final decision, expected post fiscal year-end review, is eagerly awaited by government employees and the public alike.
Here’s a list of key agencies and departments that are part of the executive branch in the Philippines
- Office of the President
- Vice President’s Office
- Department of Education (DepEd)
- Department of Health (DOH)
- Department of Finance (DOF)
- Department of Interior and Local Government (DILG)
- Department of Social Welfare and Development (DSWD)
- Department of Science and Technology (DOST)
- Department of Public Works and Highways (DPWH)
- Department of National Defense (DND)
- Department of Justice (DOJ)
- Department of Labor and Employment (DOLE)
- Department of Agriculture (DA)
- Department of Trade and Industry (DTI)
- Department of Transportation (DOTr)
- Department of Environment and Natural Resources (DENR)
- Department of Tourism (DOT)
- Department of Energy (DOE)
- Bureau of Customs (BOC)
- Bureau of Internal Revenue (BIR)
