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Government Employees may Receive their Year End Bonus and Cash Gift earlier than November 15
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Posted in Featured Articles, Government Budgeting
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Tagged with Budget Circular No. 2024-3, Year End Bonus
Government employees will no longer have to wait for November 15 this year to receive their much awaited year-end bonus and cash gift. This after…
Guidelines on the Grant of Year End Bonus to Government Officials and Employees for FY 2023
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Posted in Accounting 101, Featured Articles, Government Budgeting
Tagged with Cash Gift, Department of Budget and Management, Year End Bonus, YEB
The year end bonus of government employees is equivalent to their monthly basic salary as of October 31 of the current year. Provided they meet…