¶¶Òõ̽̽ (¶¶Òõ̽̽) Vice President for Administration Augustus Resurreccion signed a memorandum granting the release of the mid-year bonus.
Qualified ¶¶Òõ̽̽ faculty and staff shall receive a mid-year bonus equivalent to one month’s basic salary, exclusive of allowances and other compensation.
Per Memorandum No. ACR 24-69 dated May 2, 2024, all full-time and part-time ¶¶Òõ̽̽ faculty and staff shall receive the mid-year bonus. This includes permanent, temporary, casual, and contractual employees.
Employees who have rendered at least four months of service from July 2023 to May 2024 are also entitled to the mid-year bonus. Also qualified are those who received a satisfactory performance rating in the July-December 2023 rating period.
Faculty and staff on full-time scholarship shall also be granted the mid-year bonus.
The mid-year bonus shall be released by May 15.
Read the memorandum from the OVPA here.
