Teachers under the Department of Education (DepEd) are eagerly awaiting their mid-year bonus for 2024. The bonus, which is equivalent to one month’s basic pay as of May 15, is typically given to entitled personnel not earlier than May 15 of the current year.
The mid-year bonus is a part of the compensation package provided to teachers. The payroll for the payment of the 2024 Mid-Year bonus is expected to be in process and is to be submitted to each respective school’s division office.
However, there are certain conditions that must be met for personnel to be eligible for the bonus:
- Personnel must have rendered at least a total or an aggregate of four months of service from July 1 of the immediately preceding year to May 15 of the current year.
- Personnel must remain in the government service as of May 15 of the current year.
- Personnel must have obtained at least a satisfactory performance rating in the immediately preceding rating period, or the applicable performance appraisal period.
Those who have rendered a total or an aggregate of less than four months of service from July 1 of the preceding year to May 15 of the current year, and those who are no longer in the service as of the latter date, shall not be entitled to the Mid-Year Bonus.
The Mid-Year Bonus of personnel hired on part-time service in one or more agencies shall be in direct proportion to the number of hours/days of part-time services rendered. The Mid-Year Bonus of those on detail to another government agency shall be paid by the parent agency, while those on secondment shall be paid by the recipient agency.
A compulsory retiree, whose services have been extended, may be granted Mid-Year Bonus, subject to the pertinent provisions of this Circular. Those who are formally charged administrative and/or criminal cases which are still pending for resolution, shall be entitled to Mid-Year Bonus until found guilty by final and executor y judgment.
The anticipation of the mid-year bonus is indeed a significant event for all DepEd personnel. The bonus is a much-awaited benefit that greatly helps in easing the financial burdens of teachers.