HomeForexDepEd qualifies for the highest rate of performance-based bonus 

DepEd qualifies for the highest rate of performance-based bonus 

DepEd qualifies for the highest rate of performance-based bonus  – BusinessWorld Online


      
      
      
      
      








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The Department of Budget and Management (DBM) and the Department of Education (DepEd) said on Tuesday that the 2023 performance-based bonus (PBB) for qualified teaching and non-teaching personnel reached the highest rate of PBB. 

“The approval of the 2023 PBB for the DepEd workforce reflects our shared commitment to recognizing the hard work and vital contributions of our educators to national development,” said Budget Secretary Amenah F. Pangandaman in a statement.  

The qualified teaching and non-teaching personnel of DepEd had 80 points in the eligibility criteria, which led to a bonus worth 52% of the worker’s monthly basic salary. The 2023 bonus rate is 3.25% higher than it was a year earlier and 6.5% higher than in 2021.  

Based on a Teacher I salary of P27,000 (salary grade 11), a P14,040 bonus is expected for Fiscal Year 2023. 

In a joint statement, both agencies said the approval of the bonus came after the endorsement of DepEd’s eligibility by the Inter-Agency Task Force on the Harmonization of National Gov’t Performance Monitoring, Information, and Reporting Systems (AO25 Task Force). 

It added that the two departments will work together on the issuance of Special Allotment Release Orders (SARO) and Notices of Cash Allocations to facilitate the prompt disbursement of bonuses. 

Regional and division offices will also be notified once the funds are ready for release.  

“Our teachers and education personnel are the backbone of our nation’s future,” Education Secretary Juan Edgardo “Sonny” M. Angara said in a statement. “This bonus is a testament to their unwavering dedication. We thank our partners in government for their continued support in uplifting the teaching profession,” he added. — Almira Louise S. Martinez 

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