The Department of Budget and Management (DBM) has announced that a comprehensive Compensation and Benefits Study is currently underway. The study, which aims to explore the possibility of a salary adjustment for government workers, is expected to be finalized by the end of June 2024.
The study is examining various aspects of the current compensation system, including salaries, benefits, and allowances, with the goal of identifying areas for improvement. It involves benchmarking activities against the private sector and seeks to establish a fair and sustainable pay structure that will enhance the welfare and productivity of government workers, taking into account the effects of inflation.
The results of the study will serve as the basis for making necessary changes in the Total Compensation Framework of civilian government personnel. This is to ensure a fair and timely salary adjustment for government workers.
Once the study is finalized, the consultant commissioned by the Governance Commission for GOCCs (GCG) will present the accepted study results to both the DBM and the GCG.
The DBM has assured its readiness to support the implementation of the salary adjustment once approved. The department is committed to ensuring a competitive and equitable compensation package for our civil servants and will find a way to fund its implementation, subject to excess revenue to be collected by the national government. This move is seen as a significant step towards improving the welfare of government employees across the country.