.
Complete Compensation Package of all Board Members and Officers
for the Calendar Year 2012
for the Calendar Year 2012
| Amount | |||
| Particulars | Per Meeting | Per Year | |
| Per Diem (per board meeting) | g/ | 10,000.00 | 240,000.00 |
| Per Diem (Committee Meeting) | e/ | 6,000.00 | 144,000.00 |
However, by virtue of Executive Order No. 24, all the Member of the Board may reimburse the following expenses incurred in the performance of their duties as SHFC Board Director, viz:
a) Transportation Expenses
b) Travel and Hotel/Lodging Expenses
c) Communication Expenses
d) Expenses covering Meals in Business meetings
a/ Rate on a monthly basis
b/ Given once a year
c/ Given once a year (inclusive of 13th Month pay, YEB, Cash Gift & Economic and Grocery Subsidy)
d/ Budget for the whole year subject to actual utilization
e/ Based on actual utilization
f/ Rate per committee meeting subject to a maximum limits of P172,800/year for chairman and P144,000/year for vice
chairman and members per Board
g/ Rate per board meeting subject to a maximum limits of P288,000/year for chairman and P240,000/year for
vice chairman and members per board resolution no. 255
- Other members of the Board like the Secretaries of the Department of Finance, Budget and Management and Interior and Local Government or their designated representatives are not entitled to per diem allowances for every board and committee meetings actually attended.
a) Transportation Expenses
b) Travel and Hotel/Lodging Expenses
c) Communication Expenses
d) Expenses covering Meals in Business meetings
a/ Rate on a monthly basis
b/ Given once a year
c/ Given once a year (inclusive of 13th Month pay, YEB, Cash Gift & Economic and Grocery Subsidy)
d/ Budget for the whole year subject to actual utilization
e/ Based on actual utilization
f/ Rate per committee meeting subject to a maximum limits of P172,800/year for chairman and P144,000/year for vice
chairman and members per Board
g/ Rate per board meeting subject to a maximum limits of P288,000/year for chairman and P240,000/year for
vice chairman and members per board resolution no. 255
- Other members of the Board like the Secretaries of the Department of Finance, Budget and Management and Interior and Local Government or their designated representatives are not entitled to per diem allowances for every board and committee meetings actually attended.
| Senior Officers | |||||
| Particulars | President | Executive Vice President | Vice President | ||
| 1 | Basic Salary | a/ | 62,488.00 | 61,953.00 | 56,201.00 |
| 2 | Representative Allowance | a/ | 11,000.00 | 8,700.00 | 7,000.00 |
| 3 | Transportation Allowance (Not given if provided with service vehicle) |
a/ | 11,000.00 | 8,700.00 | 7,000.00 |
| 4 | PERA | a/ | 2,000.00 | 2,000.00 | 2,000.00 |
| 5 | Meal Allowance | a/ | 550.00 | 550.00 | 550.00 |
| 6 | Children's Allowance (per child, max of 4) |
a/ | 30.00 | 30.00 | 30.00 |
| 7 | Uniform Allowance | b/ | 4,000.00 | 4,000.00 | 4,000.00 |
| 8 | Medical Allowance | b/ | 7,000.00 | 7,000.00 | 7,000.00 |
| 9 | Birthday Gift | b/ | 3,000.00 | 3,000.00 | 3,000.00 |
| 10 | Bonus and Incentives | c/ | 309,404.00 | 300,899.00 | 278,543.00 |
| 11 | Discretionary Allowance | d/ | 4,000,000.00 | - | - |
| 12 | Travelling Expenses | e/ | - | - | - |
| Total | 4,410,472.00 | 396,832.00 | 365,324.00 | ||
