Note 22 – Employee Costs
This consists of the following:
2024 2023
Personnel Services
Salaries and Wages – Regular ₱ 27,854,175.42 ₱ 26,543,052.27
Salaries and Wages – Casual/Contractual 1,896,624.01 1,814,908.63
Sub-total ₱ 29,750,799.43 ₱ 28,357,960.90
Other Compensation
Personal Economic Relief allowance
(PERA) 1,918,290.32 2,005,159.10
Representation Allowance 1,705,500.00 1,520,156.25
Transportation Allowance 1,705,500.00 1,520,156.25
Clothing/Uniform Allowance 595,000.00 552,000.00
Subsistence Allowance 162,975.00 165,100.00
Laundry Allowance 19,000.00 20,400.00
Productivity Incentive Allowance 430,000.00 435,000.00
Honoraria 921,000.00 890,000.00
Hazard Pay 485,941.15 491,172.05
Overtime and Night Pay 264,337.18 306,787.38
Year-End Bonus 4,988,058.00 4,656,681.50
Cash Gift 430,000.00 448,500.00
Other Bonuses and Allowances 0.00 0.00
Sub-total ₱ 13,625,601.65 ₱ 13,011,112.53
Personnel Benefit Contribution
Retirement and Life Insurance Premiums 3,057,131.18 2,922,344.67
Pag-IBIG Contribution 131,900.00 71,500.00
PhilHealth Contribution 647,878.26 562,975.08
Employees Compensation Insurance
Premiums 84,185.04 86,283.14
Sub-total ₱ 3,921,094.48 ₱ 3,643,102.89
Other Personnel Benefit
Terminal Leave Benefits 3,324,911.82 3,582,070.76
Other Personnel Benefits 1,720,000.00 1,740,000.00
Sub-total ₱ 5,044,911.82 ₱ 5,322,070.76
Total Employee Costs ₱ 52,342,407.38 ₱ 50,334,247.08
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