Department of Budget and Management (DBM) Secretary Amenah "Mina" F. Pangandaman said that the Philippine government is set to finalize a comprehensive study on the potential salary adjustment for government workers by the first half of 2024.
This initiative, spearheaded by the DBM, and the Governance Commission for GOCCs (GCG), aims to ensure a competitive and equitable compensation package that aligns with the Administration’s commitment to a resilient and future-ready civil service.
“We recognize that the rising cost of the basic commodities and services in the country highlights the need to review the current state of compensation of government employees. It is for this reason that the DBM and the GCG engaged the services of a consultancy firm this year to conduct a Compensation and Benefits Study in the Public Sector with the end in view of setting a competitive, financially sustainable, and equitable compensation package for government personnel,” Secretary Mina Pangandaman said.
“The proposed compensation adjustment should consider not only the inflation rates and cost of living adjustments, but also standard market practices to ensure that working in government remains desirable and comparable to working in the private sector. Further, the additional costs must be within the government’s financial capacity to ensure its long-term viability, which shall be maintained at a realistic level in proportion to the overall expenditure of government,” Sec. Mina emphasized.