AsianCenterforPolicyStudies,Inc.docVIP

Case Study: Asian Center for Policy Studies, Inc Prepared By: Group 3 William Andrew G. Bulaqueña Ricci A. Tilos Nympha Marie R. Rubin Sheila Mae N. Chua Tristram A.Gamo John Paul T. Antiquiera Safie Jane M. Ayco Mngt 12-G Prepared For: Asst. Prof. Dina Wong-Remoto Central Problem What would be the appropriate salary structure for each of the employee under the professional staff as well as the administrative staff and what possible rewards can be given to them? Objectives 1. To be able to determine the most sufficient salary for each of the positions of the Professional Staff. 2. To be able also to provide for the amount of salary for each of the employees under the administrative staff. 3. To provide Asian Center for Policy Studies, Inc their Compensation system. 4. To be able to increase performance by rewards from prior excellent performances. Alternative Course of Actions: 1. Create a compensation system and consider benefits and rewards to be given to those excellent job performances.  First is to create a Compensation System for Asian Center for Policy Studies, Inc. Here is our proposed compensation System: Professional Staff: Postions: Monthly Salary Year-End Bonus Performance Evaluation (if any) Additional Cash for years of service (starting from 10 years and every five years they will have cash equivalent to their years of service) Less Taxes Total Staff Assistant Php 11,385 XXX XXX XXX XXX XXX Senior Staff Assistant Php 12,650 XXX XXX XXX XXX XXX Project Director Php 17,075 XXX XXX XXX XXX XXX Program Director Php 19,550 XXX XXX XXX XXX XXX Executive Officer Php 25,000 XXX XXX XXX XXX XXX Note: The monthly compensation suggested in this table does not signify today’s current date and current compensation but the salary is based on the year 1989 when the problem occurred not 2012/2013. Low salary is therefore expected from the past. Administrative Staff: Postions: Monthly Salary Year-End Bonus Performance Evaluation (if any) Additional Cash f