January 29, 2016

Source of funds for salary increase

I suggest that we finalize the leveled up salary scale for implementation by 
February 15, 2016

The sources for the increase shall be funded by:

1.  Price increase nationwide of 3% on lots by March 1, 2016.  This increase could be leveraged.   Another 3% by November 5, 2016

2.  No more regular interments;  suggest BC instead.
Interment fee shall be increased by 5% by February 15, 2016

2.  Higher sales targtet

provided that the concerned SBU shall have a submitted and  approved marketing plan at least.
Jorge  U. Saguinsin
Senior Managing Director

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