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WITH its
2007 collection at risk of not being attained due to
reduced imports and exports attributed to the strong
peso, the Bureau of Customs (BOC) can console itself
this Christmas with its 2006 performance that got it a
huge P539-million reward for exceeding its given target
of P197 billion by P2.2 billion.
The
release of the reward is all but approved by the
Interagency Development Budget Coordinating Committee (DBCC)
after a year of delay. There is also one other
reward—none of its employees will be kicked out as
called for by the Lateral Attrition Act for offices that
do not perform to standard.
Customs
deputy commissioner Reynaldo Umali reported the good
news Thursday, adding the agency will immediately
distribute it to its 3,382 personnel within the month.
Umali
said the reward had already been approved but will be
formalized in their meeting today by the DBCC’s
executive technical board.
“The
fund will be drawn from the Revenue Incentives Fund
created pursuant to the lateral attrition law, in which
80 percent will be allotted for cash incentives while
the remaining 20 percent will be earmarked for non cash
incentives,” he added.
Under
the formula developed by the DBCC with the United States
Agency for International Development, P432 million of
the reward will be given out as cash incentive and the
rest—P107.8 million—will be in noncash incentives, such
as office improvement, purchase of equipment, and other
tools to “enhance the performance” of personnel, like
computers and air-conditioning units.
“It will
not be equal for all. Everybody will receive rewards but
in some ports, it might be minimal, especially if they
failed to meet their target. However, we also consider
the fact that we would not have achieved our surplus if
not for them,” said Umali.
In
addition to the financial incentives, the BOC will not
kick out employees in units that failed to meet their
target for 2006 such as at the Manila International
Container Port,
Ninoy Aquino International
Airport and the Port of Cagayan de Oro, which all
collected below their respective targets in 2006.
The
attrition law, which took effect this year, is a
carrot-and-stick approach that gives monetary reward to
performing employees and axes those who do not. |