Salary Hike for Government Employees From 2024 – Here are the Updates!!! Reports have manifested that the Philippine government is planning to give annual salary increases to all government employees in the year 2024. The economic managers are predicting a salary hike in 2024 as the annual Salary Standardization Act (SSL) is extended to 2023.
Latest 10th Jobs Freshers 2022
Meanwhile, next year’s national budget proposal includes a provision for a study on the need and status of the next round of salary increases in 2024, Finance Secretary Benjamin E. Diokno said. He explained that the budget for the next round of salary standardization reports for civil servants will be P49.5 million. Meanwhile, of the proposed P5.268-trillion National Expenditure Plan for 2023 for the country’s employees, P1.631 trillion, or 31% of the total is earmarked for personnel services.
65% of Employees are Likely to Resign in the Next 6 Months – Work From Office Rules! Report Said!!!
This is 16.1% higher than this year’s allocation for personnel services. Meanwhile, inflation in the Philippines rose to 6.4% in the month of July. Notably, this inflation had an impact on transport, fuel and food costs across the country.
To Follow Our Instagram Click Here
To Follow Our Twitter Click Here
To Join Whatsapp
Click Here
To Join Telegram Channel
Click Here
To Join Our Facebook Click Here