BONTOC, Mountain Province – For the second time in a row, College employees enjoyed up to twenty-five thousand pesos (P25,000) as Collective Negotiation Agreement (CNA) incentive on top of their year-end bonuses after the Department of Budget and Management (DBM) approved the release of CNA incentives saved out from the MOOE amounting to Five Million Four Hundred Forty-Eight Two Hundred Pesos P 5,448,200.00.
From this amount, 75 percent from supplies and materials; 13 percent from repair and maintenance of facilities of the College; 11 percent from electricity; and 1 percent was saved from the travelling expenses even with having accomplished more than 70 percent of the performance targets as of September 30, 2018.
“Our gratitude goes to the Administration and Finance Division and the rest of the operating sectors who obliged to meet their targets with the least cost which enabled the college to save the required fund for the CNA,” said the College President Rexton F. Chakas during the flag raising ceremony before the release of incentives on December 17, 2018.
According to Director for Budget and Fiscal Planning Norma W. Akilith, each regular employee received the amount proportionate to the accomplishment of performance targets, efficiency and productivity of the unit or sector they are working in.
She further said that the release of CNA incentives to the College workforce shows the aggressive attitude towards accomplishing performance targets along the different major final output within the different sectors without sacrificing important facilities and services. It reflects also the efficient and effective fiscal management of the administration.
The CNA incentive as specified under the DBM Budget Circular No. 2018-5 dated November 14, 2018 may be granted to both management and rank-and-file employees of agencies with approved and successfully implemented CNAs in recognition of their efforts in accomplishing performance targets at lesser cost, in attaining more efficient and viable operations through cost-cutting measures and systems improvement.
