Accounting 101

Rules on Monetization of Earned Sick Leave Credits

This forum discusses the rules on monetizing earned sick leave credits of government employees.

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How much is the uniform and clothing allowance of government employees for 2023?

Each qualified government employee is entitled to P6,000.00 of uniform and clothing allowance per year. Section 58 of the General Provisions of the Fiscal Year (FY) 2023 General Appropriations Act (GAA) provides that an amount not exceeding Six Thousand Pesos (P6,000) per annum is authorized for the payment of uniform and clothing allowance of each

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LOOK: PBBM orders grant of one-time P5,000.00 Gratuity Pay to JOs/COSs in the Government

Good news to all job order and contract of service workers in the government! President Ferdinand R. Marcos Jr. has signed Administrative Order No. 3, s. 2022, authorizing the grant of gratuity pay for contract of service (COS) and job order (JO) government workers as a well-deserved recognition of their hard work. Under the said

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Quick Facts: Grant of SRI for CY 2022

Legal Basis Administrative Order No. 1, s. 2022 — Authorizing the Grant of Service Recognition Incentive to Government Employees for FY 2022 Budget Circular No. 2022-4 — Guidelines on the Grant of Service Recognition Incentive to Government Employees for FY 2022 Who’s entitled to the SRI? The following government employees may be granted service recognition

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LOOK: President Marcos approves the grant of P20,000.00 Service Recognition Incentive for Government Employees

Good news to all government employees! President Ferdinand “Bongbong” Marcos Jr. has issued orders granting (not exceeding) P20,000.00 worth of service recognition incentive (SRI) and rice allowance to government employees. The service recognition incentive (SRI) will be a one-time grant at a uniform rate not exceeding P20,000 for employees in the executive department, it said.

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Guidelines on the grant of P25,000.00 CNA incentive for CY 2022

Legal Basis The Department of Budget and Management issued Budget Circular No. 2022-3 to provide guidelines on the grant of collective negotiation agreement (CNA) incentive for CY 2022. The other legal bases on the grant of CNA incentives are the following: Agencies covered by the CNA incentive guidelines Budget Circular No. 2022-3 is applicable to

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