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Tuesday, November 08, 2016

WATCH: PUBLIC SCHOOL TEACHERS TO RECEIVE DOUBLE CHRISTMAS BONUS






More than 720,000 public school teacher nationwide will be having a merrier Christmas this coming December.

It is because public school teachers are expected to receive bonuses ranging from P34,000 to P64,000.


According to Teacher's Dignity Coalition (TDC) Chair Benjo Basas, this is double of what they got last year.

WATCH:Public school teachers receive double holiday bonus)









A teacher with a basic salary of P19,077 awaits the following perks: 


1. A minimum of P5,000 in performance-based bonus (PBB)

2. A year-end bonus worth P19,077;

3. A P5,000 in cash gift

4. Another P5,000 as productivity enhancement incentive (PEI)




But for teachers who receive the maximum amount of P35,000 in PBB, they can get the maximum amount of P64,077.

Basas said the increase in bonus is part of the increase in basic salaries of the teachers.

Basas confirmed that PBB, year-end bonus, and cash gift will be all release this month while PEI will be given in December.






The PBB is part of the productivity-based incentive system under the Salary Standardization Law-3 in which teachers and other employees stand to receive a bonus ranging from P5,000 to P35,000 depending on the performance of their respective schools and personnel for a specific fiscal year. 
(Source:Inquirer)

SEE ALSO:

200,000 FREE TESDA SCHOLARSHIP FOR MINDANAO YOUTH

PAG-IBIG PUBLIC AUCTION SCHEDULED THIS NOVEMBER


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