This descriptive study aimed to determine the perception of the employees of the West Visayas State University external campuses on the performance based bonus during the school year 2014-2015. The randomly selected 140 employees representing the 25% of the total population of the West Visayas State University external campuses were the respondents of this investigation. The researchers utilized a validated researcher-made instrument to gather the data. Mean and standard deviation were used to determine the descriptive data analysis. Kruskall Wallis tests, ANOVA and t-test were used in determining the inferential data analysis. Results of the study revealed that when the employees were taken as a whole and when classified as to age, sex and employee classification their perception on the performance based bonus is moderately favorable. When classified according to campus affiliation, Pototan, Janiuay and Lambunao had moderately favorable perception except that of Calinog with slightly favorable. When respondents were classified as to length of service, below 15 years had moderately favorable perception while slightly favorable for 15 years and above. When respondents were classified as to salary grade, those with salary grade 1 to 3, salary grade 4 to 12 and salary grade 18 to 24 had moderately favorable perception while salary grade 13 to 17 had slightly favorable perception. When classified as to PBB category, employees with good category had slightly favorable perception while moderately favorable for those better and best category. Furthermore, results revealed significant differences on the campus affiliation, salary grade, PBB category and employee classification.