1. Government workers’ pay increase
2. DBM study results
3. Government salary hike findings
The Department of Budget and Management (DBM) is set to finalize a study on the possible salary increase for government workers by June 2024. The study, known as the Compensation and Benefits Study, will determine the Total Compensation Framework for civilian government personnel. The DBM aims to establish a fair and sustainable pay structure for government workers while considering inflation effects. Once approved, the DBM is ready to support the salary adjustment implementation, subject to excess revenue collected by the national government. The study also explores various aspects of the current compensation system, including salaries, benefits, and allowances.
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The Department of Budget and Management (DBM) has recently announced that the results of its study on the possible increase of government workers’ salary are expected to be completed before the end of June 2024. This study, known as the Compensation and Benefits Study, will provide the basis for the Total Compensation Framework for civilian government personnel.
According to a statement released by the DBM, once the study is finalized, the accepted results will be presented to both the DBM and the Governance Commission for GOCCs (GCG). The DBM has also expressed its readiness to support the implementation of the salary adjustment once it receives approval.
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The study conducted by the DBM explores various aspects of the current compensation system for government workers, including salaries, benefits, and allowances. It aims to establish a fair and sustainable pay structure while taking into account the effects of inflation on government employees.
In a statement, the DBM emphasized its commitment to finding ways to fund the implementation of the salary adjustment, subject to excess revenue collected by the national government. This demonstrates the government’s dedication to improving the compensation and benefits of its employees.
The DBM’s focus on ensuring a fair and sustainable pay structure for government workers highlights the importance of valuing and recognizing the hard work and dedication of public servants. By conducting this study and working towards implementing salary adjustments, the government is taking proactive steps to improve the overall well-being of its employees.
It is crucial to note that the results of the Compensation and Benefits Study will have a significant impact on the lives of government workers across the country. A potential salary increase could provide much-needed financial relief to employees, especially in light of rising costs of living.
As the study nears completion, government workers and their families are eagerly awaiting the outcome. The DBM’s commitment to supporting the implementation of the salary adjustment signals a positive development for employees who have long been advocating for fair compensation.
In conclusion, the DBM’s ongoing study on the possible increase of government workers’ salary is a significant step towards improving the overall well-being of public servants. By prioritizing the establishment of a fair and sustainable pay structure, the government is demonstrating its commitment to valuing the contributions of its employees.
For more information on the DBM’s study on government workers’ salary increase, please visit the official Department of Budget and Management website. Stay tuned for updates on the results of the Compensation and Benefits Study and the potential salary adjustment for government workers in the coming months.