Price range Secretary Amenah “Mina” Pangandaman
MANILA, Philippines — Price range Secretary Amenah “Mina” Pangandaman stated that the Philippine authorities is about to finalize a complete research on the potential wage adjustment for presidency staff by the primary half of 2024.
This initiative, spearheaded by the Division of Price range and Administration (DBM), and the Governance Fee for GOCCs (GCG), goals to make sure a aggressive and equitable compensation bundle that aligns with the Administration’s dedication to a resilient and future-ready civil service.
“We acknowledge that the rising value of the fundamental commodities and companies within the nation highlights the necessity to evaluation the present state of compensation of presidency workers. It is for that reason that the DBM and the GCG engaged the companies of a consultancy agency this yr to conduct a Compensation and Advantages Research within the Public Sector with the tip in view of setting a aggressive, financially sustainable, and equitable compensation bundle for presidency personnel,” Pangandaman stated.
“The proposed compensation adjustment ought to think about not solely the inflation charges and price of residing changes, but additionally customary market practices to make sure that working in authorities stays fascinating and corresponding to working within the personal sector. Additional, the extra prices should be inside the authorities’s monetary capability to make sure its long-term viability, which shall be maintained at a sensible degree in proportion to the general expenditure of presidency,” Pangandaman emphasised.
In response to the Price range secretary, the Compensation and Advantages Research presently being performed will discover varied facets of the present compensation system, together with salaries, advantages, and allowances, to determine areas for enchancment. By benchmarking towards the personal sector and contemplating the consequences of inflation, the federal government seeks to ascertain a good and sustainable pay construction that may improve the welfare and productiveness of its workers.
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The DBM chief likewise famous that the outcomes of the research will function foundation for making the mandatory adjustments within the Complete Compensation Framework (TCF) of civilian authorities personnel to make sure truthful and well timed wage adjustment for presidency staff.
“Our civil servants are the spine of our nation, and it’s our precedence to supply them with a good and motivating compensation system. This research marks a vital step in direction of a civil service that’s not solely environment friendly and productive but additionally simply and rewarding,” Pangandaman added.
“As we anticipate the completion of this pivotal compensation and profit research, our resolve stays agency: to uphold the dignity of public service by making certain our civil servants are rewarded in a way that really displays their value to the nation,” the Price range secretary stated.
The outcomes of the research shall be used to refine/improve the compensation of civilian authorities personnel to foster an surroundings that promotes social justice, integrity, effectivity, productiveness, accountability and excellence within the civil service whereas supporting fiscal prudence.
Such enhancements/enhancements could also be within the type of wage will increase, adjustment within the fee of advantages and allowances, rationalization of advantages, and/or fantastic tuning of the present Complete Compensation Framework of presidency.
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The fee for the implementation of stated compensation adjustment shall be sourced from the out there appropriations below the FY 2024 Basic Appropriations and the succeeding annual appropriations.
