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GROUP 2

TEAM RICHMAR
SALARY
Position Monthly Basic Annual Salary
Salary Increase (%)

Executive (Upper 150,000 4


management)
Managerial (Middle 46,963 5
management)
Rank and file 10,080 6 (depends on
(Lower (336x30days) work
management) performance)
BENEFITS
Lower Level Management
Health Insurance with dependents, loyalty award, SSS, Pag ibig.

Middle Level Management


Health Insurance with dependents, Loyalty award, SSS, Pag ibig,
Car plan, Scholarship grant (for employee’s children), Retirement
plan

Upper level management


Health Insurance with dependents, Loyalty award, SSS, Pag ibig,
Car plan, Scholarship grant (for employee’s children), Retirement
plan, Perquisites – like club memberships, private planes.

Corporate Discount
We will give exclusive discounts to our employees on the original
price of chocolates. With this, they may enjoy and avail the products
of the company. The management may also use this method to test
their products internally before launching them to the market.

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