Below is an analysis prepared to illustrate the cost implication to the company had the multiplier been re-visited

based on the assumptions below:

Assumptions Made for the analysis below includes:

Gross Salary: TZS 6,000,000
Total years worked: 5
IAS bonus Pro-rated: TZS 4,000,000
Untaken Leave: 1 month salary
Total # of Staff made Redundant: 25
Total BP16 POB budget: USD 39, 400, 000
USD Exchange rate: 2200

Multiplier

Gross Salary
in TZS per
head

Gross Salary
in USD per
head

Cost to company
in USD for 25
redundant staff

Stanbic Bank Package

54,000,000

24,545

613,636

BG Tz Package

73,000,000

33,182

829,545

Multiplier 2 with BG's T&Cs

88,000,000

1,000,000

TBL Package

88,500,000

40,227

1,005,682

Ophir Package

102,000,000

46,364

1,159,091

Multiplier 2.75 with BG's T&Cs

110,500,000

50,227

1,255,682

Multiplier 3 with BG's T&Cs

118,000,000

53,636

1,340,909

Multiplier 4 with BG's T&Cs

148,000,000

67,273

1,681,818

Statoil Package

189,000,000

85,909

2,147,727

40,000.00

BP16 Personnel %

Gross Salary in USD per head

100,000
90,000
80,000
70,000
60,000
50,000
40,000
Gross Salary in USD

30,000
20,000
10,000
-

Cost to Company in Comparison with BP16 P&B budget in %

6

Cost to company in %

Cost to Company in USD for 25 staff made redundant

2,500,000

2,000,000

1,500,000

1,000,000
Cost to Company in USD

500,000