Government Accountants, Budget Officers, Treasurers and Auditors’ Forum
This forum discusses the true meaning of “Not Earlier Than November 15” in the guidelines on the grant of year end bonus and cash gift.
Sa post na ito, ibinahagi namin ang 3 paraan upang mapalaki ang matatanggap na year end bonus.
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 all the conditions setforth for the grant of the same.
📚 Legal Basis Below are the existing legal bases for the grant of cash gift to government employees: Budget Circular No. 2016-4 dated April 28, 2016 — Updated Rules and Regulations on the Grant of the Year End Bonus and Cash Gift for FY 2016 and Years Thereafter Pertinent provision of the CY 2022 General Appropriations Act Executive Order No. 201, s. 2016 — Modifying the Salary Schedule for Civilian Government Personnel and Authorizing the Grant of Additional Benefits for Both Civilian and Military and Uniformed Personnel ••• [ad_1] ••• What is cash gift? Cash gift is a monetary benefit...
Topic 23: An employee had tendered his resignation within the payout period for the payment of year end bonus. Can the employee still claim his year end bonus? Topic 22: An employee had multiple employment status during the year (i.e, temporary and contract of service), how will this affect his year end bonus and cash gift? Topic 21: If an employee was hired on July 10 of the current year, is he entitled to year end bonus and cash gift? Topic 20: If an employee has financial liabilities (e.g., unremitted collection), can it be deducted against his year end bonus?...
[ad_1] Question: Hello. May question sana ako. Is the 13th month of an employee affected if he was suspended without pay for 30 days? More forums concerning #YearEndBonus #SuspendedEmployee: https://gabotaf.com/search_gcse/?q=Year%20End%20Bonus%20Suspended Answers | Comments [ad_2] Post Views: 1,691
QUESTION: Ano po stand ng body about po sa Budget Circular No. 2016-4 on the grant of year end bonus and cash gift for retired or separated personnel? Are they entitled to claim their year end bonus within the month of retirement or they have to wait for November 15? Thanks po. View Answers/Comments on this question in our Facebook Page Post Views: 554
Read the Updated Rules and Regulations on the Grant of the Year- End Bonus and Cash Gift for FY 2019