13 Jul 2023
5 Bills that Proposes to Double the Amount of PERA of Government Employees (₱2,000 to ₱4,000)
If one or all of these Bills become a law, the PERA will increase from ₱2,000 to ₱4,000 or higher.
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8 Jul 2023
Government Employee Benefits — Personal Economic Relief Allowance (P2,000.00)
In this post we discuss about the basic guidelines on the grant of ₱2,000 Personal Economic Relief Allowance (PERA) to government employees.
6 Jul 2023
Government Employee Benefits — Salary and Salary Increase
You may be someone who is interested in knowing the benefits of a government employee; either because you are a new government employee or you are planning to apply for a job in the government — that’s why you bumped into this post. Well, you are in the right place for this purpose. In this post, we will explain the basics about the salary and pay raise of government employees. Just like any employee, government employees also receive their salary as remuneration to the work that they do for or provide to the government. The salary of government employees is...
5 Jul 2023
Government Employee Benefits — Step Increment (Salary Increase thru Length of Service and Meritorious Performance)
In this post, you will learn another government employee benefit called Step Increment.
28 Jun 2023
Guidelines on Acquiring Insurance for the Insurable Properties of the Government | COA Circular No. 2018-002
Learn 3 compelling reasons why an insurance for the properties of the government is important. Learn also the guidelines on acquiring GSIS insurance for the properties of the government.
23 Jun 2023
DBM-prescribed Guidelines on the Issuance of Multi-Year Contractual Authority (MYCA)
Learn the basic guidelines and conditions on the issuance of Multi-Year Contractual Authority (MYCA) by the Department of Budget and Management (DBM)
15 Jun 2023
COA’s Updated List of Documentary Requirements for Government Transactions
In this post we discuss the updated list of documentary requirements for common government transactions as provided under COA Circular No. 2023-004 which update COA Circular No. 2012-001.
11 May 2023
Forum — What makes a Finance Office effective?
This is an ongoing forum in our Facebook Page. Join the discussion/poll here or leave us a comment below on what you think about the topic: What makes a Finance Office effective? Post Views: 927
6 May 2023
Budgeting 101: What is Budget Utilization Rate (BUR)?
The most common measure of absorptive capacity is the budget utilization rate (BUR) which may be computed as obligation rate or disbursement rate. What is Obligation Rate? Obligation rate is used to measure the ability of the agency to utilize (use/spend) the allotment or obligational authority made available by the Department of Budget and Management (DBM). Obligation rate is measured as the ratio/percentage of obligation over the allotment issued to the agency (i.e., obligation divided by allotment). This may be computed per allotment class or total obligation over total allotment for all allotment class. For example, if the total obligation...