Performance-Based Incentive System (PBIS)

January 14, 2013 BLGF MEMORANDUM CIRCULAR NO. 012-13 TO : All Central and Regional Directors of This Bureau and All Others Concerned SUBJECT : Performance-Based Incentive System (PBIS) For the information and guidance of all concerned, attached is a copy of Memorandum from the Department of Finance dated December 19, 2012 regarding the implementation of the Performance-Based Incentive System (PBIS). SCETHa The Central and Regional Directors of this Bureau are hereby instructed to take note of the above and disseminate the information to all Bureau staff. Please be guided accordingly. (SGD.) ATTY. SALVADOR M. DEL CASTILLO OIC-Executive Director ATTACHMENT Republic of the Philippines Department of Finance Roxas Boulevard Corner Pablo Ocampo, Sr. Street Manila 1004 MEMO FOR : Commissioner KIM S. JACINTO-HENARES Bureau of Internal Revenue Commissioner ROZZANO RUFINO B. BIAZON Bureau of Customs Treasurer of the Philippines ROSALIA V. DE LEON Bureau of the Treasury Executive Director SALVADOR M. DEL CASTILLO Bureau of Local Government Finance Chairman OFELIA A. MARQUEZ Central Board of Assessment Appeals Chairman EMMANUEL M. SANTIAGEL Cooperative Development Authority Commissioner EMMANUEL F. DOOC Insurance Commission Executive Director TRINIDAD A. RODRIGUEZ National Tax Research Center President VALENTIN A. ARANETA Philippine Deposit Insurance Corporation President & Chief Executive Officer FRANCISCO S. MAGSAJO, JR., Philippine Export-Import Credit Agency Chief Privatization Officer KAREN G. SINGSON Privatization Management Office Chairperson TERESITA J. HERBOSA Securities and Exchange Commission President & Chief Executive Officer GIL S. BUENAVENTURA Development Bank of the Philippines President & Chief Executive Officer GILDA E. PICO Land Bank of the Philippines President and General Manager ROBERT G. VERGARA Government Service Insurance System President & Chief Executive Officer EMILIO S. DE QUIROS, JR., Social Security System DATE : Decembeer 19, 2012 SUBJECT : Performance-Based Incentive System (PBIS) Please be informed that pursuant to Administrative Order No. 25 dated December 21, 2011 creating an Inter-Agency Task Force on the Harmonization of the National Government Performance Monitoring, Information and Reporting Systems in line with the Administration's thrust to raise transparency and accountability in governance and Executive Order No. 80 dated July 20, 2012 directing the adoption of the Performance-Based Incentive System (PBIS) for government employees beginning FY 2012, the PBIS, a new system of incentives for national government agencies and employees shall be used effective FY 2012. Under this system, employees may receive two incentives: the Performance-Based Bonus (PBB) and the Productivity Enhancement Incentive (PEI). Considering this system replaces an existing incentive system and may entail an increase/decrease in the bonuses that will be received by employees, the mechanics of the program, criteria and relevant information on the PBIS and PBB should be fully discussed and understood by agencies and employees. Hence, you are urged to properly inform your respective employees about the said program. PBB Infographic, PBB Frequently Asked Questions and PBB Poster may be downloaded from the websites of the Official Gazette at www.gov.ph/pbb and DAP at http://www.dap.edu.ph/?page_id=1757. Thank you. (SGD.) GIL S. BELTRAN Undersecretary