CHAPTER 2

ORGANIZATION AND MANAGEMENT

This portion will aid to distinguish the form of business enterprise ownership and

the appropriate approach toward its organizational management. The articulation of

vision and mission of the company is specified as well as the qualifications, functions

and compensation scheme of the key personnel of the corporation.

The organization and management aspect in this feasibility study will help as a

basis in achieving companys goals, establishing a sound organization and especially in

creating equilibrium in order to survive in ever changing environment.

FORM OF BUSINESS

The proponents decided to establish a corporation since it was the most

advantageous way to start a business. A corporation is a business organization that has

a unique entity, separate and apart from those who own it.
The corporation will be prearranged by Ms. Jean Marie G. Guiao, Ms. Hydielyn

R. Macababat, Ms. Jessica L. Mendoza, Ms. Mary Mae Caldo, Ms. Jaycelle G.

Garcia Mr. Jansen Ron C. Ilagan and Mr. Ariel B. Dejano. It should be registered

under the Corporation Code and Securities and Exchange Commission (SEC). The

Scentimental Fragrances Corporation will be a closed corporation because of the fact

that it does concentrate ownership in the hands of a few individuals. In a close

14
company, the holders of the corporations shares are often the actual employees or

managers of the company itself. As such, authority to make decisions regarding the

management and operation of the private company is vested in only a few people,

making it possible to make fast decisions about corporate strategy without having to

respect the interests of a multitude of shareholders, rather than to an open corporation.

Upon the issuance of SEC certificate of incorporation, the corporation will be

registered with the corporate name (Scentimental Fragrances Corporation) to the

Department of Trade and Industry. Subsequently, the corporation will acquire municipal

license from the local government and the Bureau of Internal Revenue (BIR) for the

business TIN and to apply for official receipts or invoices, to register the business book

accounts. And since the business will hire some employees the business will need to

register to SSS (Social Security System), Phil Health and PAG-IBIG fund to register the

owner as an employer and as an employed member.

Table 2.1
Incorporators

NAME AGE CITIZENSHIP ADDRESS

Ms. Jean Marie G. Guiao 20 Filipino Imus City, Cavite
Ms. Hydielyn R. Macababat 18 Filipino Imus City, Cavite

Ms. Jessica L. Mendoza 20 Filipino Damarias City, Cavite

Ms. Mary Mae C. Caldo 20 Filipino Damarias City, Cavite
Ms. Jaycelle G. Garcia 23 Filipino Imus City, Cavite

Mr. Jansen Ron C. Ilagan 22 Filipino Damarias City, Cavite

Mr. Ariel B. Dejano 20 Filipino Damarias City, Cavite

Table 2.2
Initial Capital Requirements

Incorporators Share of Stocks Par Value Total

Guiao, Jean Marie G. 3,500.00 200.00 700,000.00

15
Macababat, Hydielyn R. 3,500.00 200.00 700,000.00
Mendoza, Jessica L. 3,500.00 200.00 700,000.00
Caldo, Mary Mae C. 3,500.00 200.00 700,000.00
Garcia, Jaycelle G. 3,500.00 200.00 700,000.00
Ilagan, Jansen Ron C. 3,500.00 200.00 700,000.00
Dejano, Ariel B. 3,500.00 200.00 700,000.00
TOTAL 24,500.00 4,900,000.00
BYLAWS

BYLAWS OF

Scentimental Fragrance Corporation

ARTICLE I

Name, Officers, and Location

Section 1

Name and Nature. The name of this organization shall be Scentimental Fragrance, a

private nonprofit organization incorporated in the Republic of the Philippines, henceforth

referred to as the Corporation.

Section 2

Area. The primary area of benefit shall be in Cavite; however, other communities may

be supported by the Corporation.

16
Section 3

Principal Office. Initially, the principal office of the Corporation shall be located at

Cavite, Philippines. Later, the office may be located where the Board of Directors

considers it to be most beneficial.

Section 4

Other Offices. The Corporation may have offices at such other places in the Philippines

as the Board of Directors may designate or as the affairs of the Corporation may require

from time to time.

Section 5

Eleemosynary Status. This organization shall be an eleemosynary corporation

chartered by the Republic of the Philippines and all contributions thereto shall be tax

deductible as approved by the Exempt Organization Division of the Internal Revenue

Code.

17
 ARTICLE II

Purposes

Section 1

Purposes. The Companys main purposes will be the following activities:

(a) the manufacture and wholesale, retail and mail order sale of Perfume with

mosquito repellent product.

(b) the study, design, planning and creation of original perfume with mosquito

repellent is intended to reduce the insect causing disease in every community

while looking good, smelling nice and feeling great all in one place.

(c) the provision of business support services in connection with procurement and

sales and the management of showrooms, marketing, advertising and public

relations services, social responsibility, organization and management.

Section 2

Limitations. No part of the net earnings of the Corporation shall inure (be modified) to

the benefit of, or be distributed to, its directors, officers, or other private persons, except

18
that the Corporation shall be authorized to pay reasonable compensation for services

rendered and make payments and distributions in furtherance of the purposes

previously set forth.

No substantial part of the activities of the Corporation shall be carrying on of

propaganda, or otherwise attempting to influence legislation, and the Corporation shall

not participate in, or intervene in (including the publishing of or distribution of

statements) any political campaign on behalf of any candidate for public office.

Upon the dissolution of the Corporation, the directors shall, after paying or making

provisions for the payment of all liabilities of the Corporation, dispose of all assets of the

Corporation exclusively to charitable, educational, religious, or scientific organizations

that shall at the time quality as exempt organizations as the same now exists or as it

may hereafter be amended.

ARTICLE III

Members

The Corporation shall not have a general membership base. The Corporation shall be

governed by a Board of Directors.

19
 ARTICLE IV

Board of Directors

Section 1

General Powers. The government of the Corporation shall be vested in a Board of

Directors, who shall be elected in the manner provided by the bylaws. The business

and affairs of the Corporation shall be managed by its Board of Directors. The Board

will have the authority to hire all staff members to execute the daily and other affairs of

the Corporation. The Board shall consider and approve a budget for each fiscal year.

The Board of Directors shall have general control of the affairs, funds and property of

the Corporation and shall determine policy and establish guidelines for the effective

conduct of the business affairs of the Corporation.

Section 2

Number, Term and Qualifications. The number of directors constituting the Board of

Directors shall be not less than five (5) nor more than nine (9) members, but such

number may be increased or decreased by amendment to these Bylaws in the manner

set forth, hereof Regular terms of office for directors shall be four years; provided,

however, that the regular terms shall be so fixed at the beginning or upon any increase

or decrease in the number of directors so that approximately an equal number of regular

terms will expire at each annual meeting.

20
Section 3

Initial Election. The initial terms shall be staggered. One-third (1/3) of the elected

Board Members shall be elected to a three-year term; one-third (1/3) shall be elected to

a two-year term; and one-third (1/3) shall be elected to a one year term. Subsequently,

elections shall be held annually for one-third (1/3) of the elected members for three year

terms.

Section 4

Appointment of Directors. Except as provided below, newly appointed directors shall

take office

at the annual meeting of the directors.

Section 5

Removal. Any director may be removed at any time without cause, by a unanimous

vote of the officers of the Corporation. If any directors are removed, new directors shall

be appointed by the officers of the Corporation, and these new appointees will take

office immediately.

21
Section 6

Vacancies. Any vacancy occurring on the Board of Directors may be filled by the

appointment of a new director by the officers of the Corporation.

Section 7

President of the Board. A President of the Board of Directors shall be elected by the

directors from their number at any meeting of the Board. The President shall preside at

all meetings of the Board of Directors and perform such other duties as may be directed

by the Board.

Section 8

Compensation. No compensation shall be paid to directors as such, for regular board

service. Nothing herein contained shall be construed to preclude any director from

serving the Corporation in any other capacity and receiving compensation thereof.

22
 ARTICLE V

Meetings of Directors

Section 1

Annual Meeting. The Annual Meeting of the Board of Directors shall be held during the

third week of January each year for the purpose of electing directors of the Corporation

and for the transaction of such other business as may be properly brought before the

meeting.

Section 2

Regular Meetings. In addition to its Annual Meeting, the Board of Directors may provide

by resolution, the time and place for holding additional meetings.

Section 3

Special Meetings. Special meetings of the Board of Directors shall be called by or at

the request of the President or any two directors. Such a meeting shall be held at a

place and location as fixed by the person or persons calling the meeting.

23
Section 4

Notice of Meetings. At least 48 hours notice must be given prior to calling a regular or

special meeting of the Board of Directors by any usual means of communication.

Notices for special meetings must specify the purposes for which the meetings are

called.

Section 5

Quorum. A majority of the current Board of Directors (3 directors) shall constitute a

quorum for

the transaction of business at any meeting of the Board of Directors.

Section 6

Manner of Acting. Except as otherwise provided in these bylaws, the act of the majority

of the directors present at a meeting at which a quorum is present shall be the act of the

Board of Directors.

Section 7

Presumption of Assent. A director of the Corporation who is present at a meeting of the

Board of Directors at which action on any corporate matter is taken shall be presumed

24
to have assented to the action taken unless his contrary vote is recorded or his dissent

is otherwise entered in the minutes of the meeting or unless he shall file his written

dissent to such action with the person acting as the secretary of the meeting before the

adjournment thereof or shall forward such dissent by registered mail to the Secretary of

the Corporation immediately after the adjournment of the meeting. Such right to dissent

shall not apply to a director who voted in favor of such action.

Section 8

Informal Action by Directors. Action taken by a majority of the directors without a

meeting is nevertheless Board action if written consent to the action in question is

signed by all the directors and filed with the minutes of the proceedings of the Board,

whether done before or after the action so taken.

ARTICLE VI

Executive Committee

Section 1

Creation. The Board of Directors, by resolution adopted by a majority of the number of

directors fixed by these bylaws, may designate two or more directors to constitute an

Executive Committee, which committee, to extent provided in such resolution, shall

25
have and may exercise all the authority of the Board of Directors in the management of

the Corporation.

Section 2

Vacancy. Any vacancy occurring in the Executive Committee shall be filled by a

majority of the number of directors fixed by these bylaws at a regular or special meeting

of the Board of Directors.

Section 3

Removal. Any member of the Executive Committee may be removed at any time

without cause, by a majority of the number of directors fixed by these bylaws.

Section 4

Responsibility of Directors. The designation of an Executive Committee and the

delegation thereto of authority shall not operate to relieve the Board of Directors, or any

member thereof, of any responsibility or liability imposed upon it or him by law.

If action taken by the Executive Committee is not thereafter formally considered by the

Board, a director may dissent from such action by filing his written objection with the

Secretary with reasonable promptness after learning of such action.

26
 ARTICLE VII

Standing Committees

Standing Committees. Among the Standing Committees shall be (1) Education, (2)

Housing, (3)

Fund Raising, and (4) Financial. Other committees may be added as needed.

ARTICLE VIII

Community Advisory Board

A Community Advisory Board shall exist at the sole discretion and selection of the

President of the Board of Directors. The Community Advisory Board shall not exceed

12 members and each member shall serve a term of one year. This Board shall serve

in an advisory capacity only and shall not have any voting power.

27
 ARTICLE IX

Officers

Section 1

Officers of the Board. The officers of the Board of Directors shall consist of a President,

Vice President, Secretary and Treasurer. No one person may hold two officer positions

simultaneously.

Section 2

Election and Terms. The officers of the Corporation shall be elected every 2 years by

the Board of Directors at the Annual Meeting of the Corporation. Nomination of officers

shall be by a nominating committee appointed by the President and Board of Directors

at a time prior to the annual meeting.

Section 3

Removal. Any officer elected or appointed by the Board of Directors may be removed

by the Board whenever it is in the best interest of the Corporation.

28
Section 4

President. The President shall preside at all meetings of the Corporation and shall

appoint all standing committees and the chairmen thereof. He or she shall promote the

interests of the corporation and shall be the accredited representative of the Corporation

at outside meetings unless he or she shall delegate this authority to another officer or

member of the Corporation. The President shall be the principal executive officer of the

Corporation and subject to the control of the Board of Directors, shall in general

supervise and control all of the day to day business and affairs of the Corporation. He

or she shall sign, along with the secretary of the Corporation, any deeds, mortgages,

bonds, contracts, or other instruments which the Board of Directors has authorized to be

executed, except in cases where the signing and execution thereof shall be expressly

delegated by the Board of Directors or by these bylaws to some other officer or agent of

the Corporation, or shall be required by law to be otherwise signed or executed, and in

general he or she shall perform all duties incident to the office of President and such

other duties as may be prescribed by the Board of Directors from time to time.

Section 5

29
Vice President. The Vice President shall fulfill the responsibilities of the President

during the President's absence or incapacitation, assist the President in discharging

responsibilities as the President may see fit, shall serve as an ex-officio member of all

committees, and fulfill any duties that may be determined by the Board of Directors.

Section 6

Secretary. The Secretary shall: (a) keep the minutes of the Board of Directors and of all

Executive Committees in one or more books provided for those purposes and provide

promptly copies of such minutes to all Board Members; (b) see that all notices are duly

given in accordance with provisions of these bylaws--that minutes of prior meetings and

the Notice of Meetings are distributed to Board Members at least seven days prior to

any Directors' meeting; (c) be custodian of the corporate records and of the seal of the

Corporation and see that the seal of the Corporation is affixed to all documents the

execution of which on behalf of the Corporation under seal is duly authorized; and (d) in

general, perform all duties incident to the office of Secretary and such other duties as

from time to time may be assigned to him or her by the President or by the Board of

Directors.

Section 7

Treasurer. The Treasurer shall: (a) have charge and custody of and be responsible for

all funds and securities of the Corporation, receive and give receipts for money due and

payable to the Corporation from any source whatsoever, and deposit all such money in

30
the name of the Corporation in such depositories as shall be selected in accordance

with the provisions of these bylaws; (b) prepare, or cause to be prepared, a true

statement of the Corporation's revenues and expenditures, and its assets and liabilities

at least quarterly, all in reasonable detail, which shall be made and filed at the

Corporation's principal place of business in the State of South Carolina and thereat kept

available for a period of at least ten years; (c) prepare at least quarterly a summary of

the Corporation's loans and investments as applicable; and (d) in general perform all of

the duties incident to the office of Treasurer and such other duties as from time to time

may be assigned to him or her by the President or by the Board of Directors, or by these

bylaws.

Section 8

Filling of Vacant Office. Any vacancy which occurs in an office shall be filled by a

majority of the number of directors fixed by these bylaws at a regular or special meeting

of the Board of Directors until such time as the next annual meeting of the membership.

ARTICLE X

Specific Operating Procedures

Section 1

31
Rules. The most current edition of Scentimental Fragrance Rules of Order shall be the

authority on all points not covered by the bylaws.

Section 2

Meeting Frequency. The Board of Directors shall meet at least four times per year.

ARTICLE XI

Contracts, Loans, Checks, and Deposits

Section 1

Contracts. The Board of Directors may authorize a specific officer(s), agent(s) to enter

into a contract or to execute and deliver any instrument in the name of and on behalf of

the Corporation, and such authority may be general or confined to specific instances.

Section 2

Loans. No loans shall be contracted on behalf of the Corporation and no evidence of

indebtedness shall be issued in its name unless authorized by a resolution of the Board

of Directors. Such authority may be general or confined to specific instances.

32
Section 3

Checks and Drafts. Checks, drafts, or other orders for payment of money issued in the

name of the Corporation, shall be signed by such officer(s), agent(s) of the Corporation

and in such a manner as shall from time to time be determined by resolution of the

Board of Directors.

Section 4

Deposits. All funds of the Corporation not otherwise employed shall be deposited from

time to time to the credit of the Corporation in such depositories as the Board of

Directors may select.

ARTICLE XII

Seal

The Board of Directors shall provide a corporate seal which shall be circular in form and

shall have inscribed thereon the name of the Corporation, year of incorporation and the

words, "Corporate Seal."

ARTICLE XIII

33
 Fiscal Year

The fiscal year of the Corporation shall begin on the first day of January and end on the

last day of December each year.

ARTICLE XIV

Waiver of Notice

Unless otherwise provided by law, whenever any notice is required to be given to any

Director of the Corporation under the provision of these Bylaws or under the provision of

the Articles of Incorporation or under the provision of the Business Corporation Act, a

waiver thereof in writing, signed by persons entitled to such notice, whether before or

after the time stated therein, shall be deemed equivalent to the giving of such notice.

ARTICLE XV

Amendments

Except as otherwise provided herein, these bylaws may be amended or repealed and

new bylaws may be adopted by the affirmative vote of a majority of the directors then

34
holding office at any regular or special meeting of the Board of Directors, provided that

written notice that the bylaws are to be reviewed has been mailed to directors at least

10 days prior to such meeting. No amendment that would defeat the status of the

Corporation as a supporting Corporation operated, supervised and controlled by the

Corporation shall be adopted by the Board of Directors without the approval of the

committee consisting of the officers of the Corporation acting in their official capacities.

The Board of Directors shall have no power to adopt a bylaw: (1) providing for the

management of the Corporation otherwise than by the Board of Directors or its

Executive Committee; (2) decreasing the number of directors to less than three.

Adopted this October 29, 2016 at a regular meeting of the Board of Directors of

Scentimental Fragrance

Hydielyn R. Macababat
Secretary

35
 Bookkeeper Production Supervisor
(Ariel B. Dejano) (Jansen C. Ilagan)

Board of Directors

Janitor

Manager
(Jean Marie G. Guiao)

Accountant Secretary
(Jessica L. Mendoza) (Hydielyn R. Macababat

36
 Security Gu
Chemist Delivery Man
ORGANIZATIONAL STRUCTURE CHART

The business will be divided in four (4) functions, marketing, production, financial

and business social responsibility. It is kind of a functional organization where

individuals will manage the said functions together with the incorporators. This

functional structure is set up that each portion of the organization is grouped according
Production Worker

to their respective purpose. The proponents believe that this type of organizational

structure to be appropriate for the Perfume with Mosquito Repellent business provided

that each function can rely on the talent and knowledge of its workers and support itself.
Worker
C. Caldo)Cashier

The organizational structure chart presented would allow an effective and

Sales Representatives
Production

efficient coordination among the different functions and will be very suitable for a

starting business.
(Mary Mae

VISION AND MISSION STATEMENT OF SENTIMENTAL FRAGRANCES

CORPORATION

Vision

We envision to lead and manage a creative enterprise while advocating green

economic development and a healthy yet exciting lifestyle by providing a world class

fragrances.

Mission

To provide a product where passion and purpose come together.

37
 To reduce the insect causing disease in every community while looking

good, smelling nice and feeling great all in one place.

To be socially responsible to our community especially to those who

belong to the marginalized segment of our society.

To grow our business with the same honesty and integrity.
To be the preferred brands of high quality and affordable fragrances in the

Philippines.
To be able to maintain positive growth of the company together with our

customers by offering them the best quality and service.

JOB SPECIFICATION AND DESCRIPTION

Employing the right personnel is one of the most significant part for a venture

because an effective recruitment and selection process reduces turnover. Job

specification is specified to ensure a transparent and unbiased recruitment and to

guarantee that the standardized hiring processes of the company is followed. On the

other hand, the Job description will serve as the guideline for the officers and

employees duties and responsibilities.

Job Specification

Manager
Candidate must possess at least a Bachelors Degree in Economics/

Finance/ Accountancy/ Business Administration/ Banking/ Management/

Marketing or equivalent.
At least 5 year(s) of working experience in the related field is required for

this position.

38
 Understand how to work efficiently and how to influence without exerting

direct authority.
Ability to fuse business, strategy, finance, policy and legal concepts to

lead complex, multi-faceted deals

Strong code of ethics and sound business judgment is a must.
Strong verbal and written communications skills are a must, as well as

leadership skills.

Secretary

Graduate of any degree in English, business, IT, languages, information

science, administration or management.

Must have previous office or commercial work experience.
Should have good IT and administrative skills.
Can work under pressure.
Have good communication skills.

Accountant

20-27 years old

College Degree in BS Accountancy
Good communication skills
Computer proficient
Analytical
With 5 year(s) working experience in Accounts Receivable, General

Accounting, Accounts Payable, Finance & Accounting - General(optional).

Fresh Graduate are welcome to apply.

Bookkeeper

39
 Graduate of any business course with at least twelve (12) units in

Accounting.
CSC Career Service Professional Eligible.
Must have at least two (2) years of experience.
Can maintain records of financial transactions by establishing accounts;

posting transactions; ensure legal requirements compliance.

Must have knowledge of bookkeeping and generally accepted accounting

principles.

Production Supervisor

25 to 36 years old
Can establish effective system for receiving, warehouse control, stock

management, packing and shipment operations;

With leadership skills and eager to learn.
College graduate preferably Bachelor of Science in Business

Administration.
Work experience at least 3 years in the related field.
With high technical and management ability.
A goal oriented person.
Knowledgeable in machine and material efficiency.

Cashier

Female

40
 Must be smart, with pleasing personality, and can relate well with all kinds

of people.
Graduate of any 4 year or 2-year course.

Sales Representative

Graduate of any 4-year course with understanding of selling principles

With pleasing personality and good working attitude.
At least 2 years experience as sales agent.
Willing to do field work and during holidays as needed.
(Fresh graduates are welcome to apply.)
creativity and the ability to use initiative for independent work;
effective teamworking skills;

Production Worker

College level/undergraduate
Responsible, committed to work and hardworking.
Willing to be trained and team-oriented.
Can work with minimal supervision

Delivery Man

At least High School Graduate.

Preferably with related experience.
Physically Fit
With Professional Drivers License
Willing to work overtime and during holiday.

Security Guard

Male, at least 5'7'' in height, high school graduate.

Security License
With good reputation and records.

41
 Janitor

Female/Male
At least 20-35 years old
At least high school graduate
Knowledgeable in handling cleaning materials
With at least 6 months working experience in the same field

Job Description

Manager
Contributes to team effort by accomplishing results as needed.
Establishes strategic goals by gathering appropriate business, financial,

service, and operations material; identifying and evaluating tendencies

and possibilities; choosing a course of action; defining objectives;

evaluating outcomes.

Shall motivate the organizational team.

Maintains professional and technical knowledge by reviewing professional

publications; establishing personal networks; benchmarking state-of-the-

art practices; participating in professional societies.

Secretary

42
 Organizing and servicing meetings (producing agendas and taking

minutes)

Completes requests by greeting customers, in person or on the telephone;

answering or referring inquiries.

Maintains customer confidence and protects operations by keeping

information confidential.

Maintains department schedule by maintaining calendars for department

personnel; arranging meetings, conferences, teleconferences, and travel.

Accountant

Prepares asset, liability, and capital account entries by compiling and

analyzing account information.

Summarizes current financial status by collecting information; preparing

balance sheet, profit and loss statement, and other reports.

Maintains accounting controls by preparing and recommending policies

and procedures.

Secures financial information by completing data base backups.

Bookkeeper

43
 Creates financial transactions and creates financial reports from that

information.
Purchase supplies and equipment as authorized by management
Provide information to the external accountant who creates the companys

financial statements
Assemble information for external auditors for the annual audit
Calculate variances from the budget and report significant issues to

management

Production Supervisor

Set daily/weekly/monthly objectives and communicate them to employees

Organize workflow by assigning responsibilities and preparing schedules
Oversee and coach employees
Ensure the safe use of equipment and schedule regular maintenance
Train new employees on how to safely use machinery and follow

procedures
Enforce strict safety guidelines and company standards.

Cashier

Handle cash transactions with customers

Maintain clean and tidy checkout areas
Keep reports of transactions
Bag, box or wrap packages
Pleasantly deal with customers to ensure satisfaction
Scan goods and collect payments
Issue receipts, refunds, change or tickets
Greet customers when entering or leaving establishments

44
Sales Representative

Services existing accounts, obtains orders, and establishes new accounts

by planning and organizing daily work schedule to call on existing or

potential sales outlets and other trade factors.

Monitors competition by gathering current marketplace information on

pricing, products, new products, delivery schedules, merchandising

techniques, etc.
Recommends changes in products, service, and policy by evaluating

results and competitive developments.

Submits orders by referring to price lists and product literature.

Production Worker

Handle equipment starting and stopping activities during each designated

shift
Manage different stages of the production line by being actively involved in

each procedure
Ensure that all loaded items are done so in accordance to the company

protocol
Make sure that appropriate safety measures are taken into account at

every step of the production process

Separate different items to be loaded onto a production line
Load and unload items from machines and dollies

Delivery Man

Pack and load products onto trucks according to companys specifications

Obtain delivery confirmations from each customer

45
 Deliver orders to customers on assigned routes
Review deliveries with customers to ensure products meet their needs

Janitor

Clean buildings by emptying trash, sweeping, and cleaning surfaces.

Maintain cleanliness and safety.

46
Labor Requirement

Position Number
Manager 1
Secretary 1
Accountant 1
Supervisor 1
Bookkeeper 1
Cashier 1
Sales Representative 1
Production Worker 2
Delivery Man 1
Security Guard 1
Janitor 1
Total 14

47
Compensation Plan

The Human Resource of Scentimental Fragrance Corporation should be

provided with a compensation plan that would make them efficient and productive. As a

part of their compensation plan, employees also receive benefits such as SSS,

Philhealth and EC.

TABLE 2.4

Projected Salaries

No. of No. of No. of

Hourl Monthly Annual
Position Employee Working Working
y Rate Rate Rate
s Hours Days
Manager 1 8 24 30,000.00 360,000.00
Secretary 1 60 8 24 11,520.00 138,240.00
Accountant 1 65 8 24 12,480.00 149,760.00
Supervisor 1 8 24 25,000.00 300,000.00
Bookkeeper 1 50 8 24 9,600.00 115,200.00
Cashier 1 48 8 24 9,216.00 110,592.00
Sales
1 48 8 24 9,216.00 110,592.00
Representative
Production
2 47.31 8 22 16,653.12 199,837.44
Worker
Delivery Man 1 47.31 8 12 4,541.76 54,501.12
Security Guard 1 41.28 8 24 7,925.76 95,109.12
Janitor 1 47.31 8 24 9,083.52 109,002.24
145,236.1 1,742,860.9
Total 13
6 2

48
 Table 2.5

Projected Annual Compensation

No. of
Position 2016 2017 2018
Employees
Manager 1 360,000.00 360,000.00 360,000.00
Secretary 1 138,240.00 138,240.00 138,240.00
Accountant 1 149,760.00 149,760.00 149,760.00
Supervisor 1 300,000.00 300,000.00 300,000.00
Bookkeeper 1 115,200.00 115,200.00 115,200.00
Cashier 1 110,592.00 110,592.00 110,592.00
Sales Representative 1 110,592.00 110,592.00 110,592.00
Production Worker 2 199,837.44 199,837.44 199,837.44
Delivery Man 1 54,501.12 54,501.12 54,501.12
Security Guard 1 95,109.12 95,109.12 95,109.12
Janitor 1 109,002.24 109,002.24 109,002.24
Total 13 1,742,860.92 1,742,860.92 1,742,860.92

49
 Table 2.6

Projected 13th Month Pay

No. of
Position 2016 2017 2018
Employees
Manager 1 30,000.00 30,000.00 30,000.00
Secretary 1 11,520.00 11,520.00 11,520.00
Accountant 1 12,480.00 12,480.00 12,480.00
Supervisor 1 25,000.00 25,000.00 25,000.00
Bookkeeper 1 9,600.00 9,600.00 9,600.00
Cashier 1 9,216.00 9,216.00 9,216.00
Sales Representative 1 9,216.00 9,216.00 9,216.00
Production Worker 2 16,653.12 16,653.12 16,653.12
Delivery Man 1 4,541.76 4,541.76 4,541.76
Security Guard 1 7,925.76 7,925.76 7,925.76
Janitor 1 9,083.52 9,083.52 9,083.52
Total 12 145,236.16 145,236.16 145,236.16

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Position No. of Basic SSS Philhealth EC Pag-ibig Total
Employ Salary Mont Yearl Mont Yearl Mont Year Mont Yearly
ees hly y hly y hly ly hly
Manager 1 30,000.00 581.30 6,975. 437.50 5,250. 30.00 360. 600.00 7,200.0 19,785.6
60 00 00 0 0
Secretary 1 11,520.00 581.30 6,975. 237.50 2,850.
Table 2.7 30.00 360. 230.40 2,764.8 12,950.4
60 00 00 0 0
Accountant 1 Projected Fringe Benefits 2016 - 2018
12,480.00 581.30 6,975. 275.00 3,300. 30.00 360. 249.60 2,995.2 13,630.8
60 00 00 0 0
Supervisor 1 25,000.00 581.30 6,975. 375.00 4,500. 30.00 360. 500.00 6,000.0 17,835.6
60 00 00 0 0
Bookkeepe 1 9,600.00 417.80 5,013. 137.50 1,650. 10.00 120. 192.00 2,304.0 9,087.60
r 60 00 00 0
Cashier 1 9,216.00 381.50 4,578. 125.00 1,500. 10.00 120. 184.32 2,211.8 8,409.84
00 00 00 4
Sales 1 9,216.00 581.30 6,975. 200.00 2,400. 30.00 360. 184.32 2,211.8 11,947.4
Representa 60 00 00 4 4
tive
Production 2 16,653.12 308.80 3,705. 100.00 1,200. 30.00 360. 333.06 3,996.7 9,262.35
Worker 60 00 00 5
Delivery 1 4,541.76 163.50 1,962. 100.00 1,200. 10.00 120. 90.84 1,090.0 4,372.02
Man 00 00 00 2
Security 1 7,925.76 272.50 3,270. 100.00 1,200. 10.00 120. 158.52 1,902.1 6,492.18
Guard 00 00 00 8
Janitor 1 9,083.52 327.00 3,924. 112.50 1,350. 10.00 120. 181.67 2,180.0 7,574.04
00 00 00 4

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