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COMPENSATION ADMINISTRATION

Salary and Wage Policies

The company pays the employees their salaries twice a month, every 15 th and 30th.
Meanwhile, outsourced employees are paid indirectly because the company will be
paying the agencies that originally employ the outsourced employees.

The company will pay its employees following the minimum wage rate set by the
National Wages and Productivity Commission as of October 11, 2012. The minimum
wage of the employees is at P336 per day. Outsourced employees, on the other
hand, are paid at P250 per day.

SSS Contribution

The store will be deducting from the gross pay of the employees P166 every payroll
distribution for the Social Security System (SSS) contribution of the employees.

Philhealth Contribution
The store will be deducting from the gross pay of the employees P62.50 every payroll
distribution for the Philhealth contribution of the employees.

Supplementary Compensation

Alongside the employees basic pay, the employees are entitled to a 13th month pay,
that of which will be given to the employees before Christmas Eve. The 13th month
pay of the employees will be equivalent to one-twelfth of their basic salaries within a
calendar year. The employees will also be entitled to a bonus at the end of the year
which would be equivalent to 100% of the service charge for the month of December.
The service charge would be divided among the employees accordingly.

Rules on Working Hours

Every employee is required to report for work six days a week with a fixed time of
working from 9:00-6:00 P.M. while the General manager and the Sales & Marketing
Director may be required to stay longer or come earlier without overtime pay because
of the positions that they hold in the company. Employees are also entitled to meal
breaks and time-outs. The employees will be given an hour for their meal breaks
from 12-1 pm and 2 10-15 minute breaks are given to the employees one in the
morning and one in the afternoon so as they could take a rest from serving the
customers.

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