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                POLICY AND MECHANICS FOR THE CONVERSION OF UNPAID FACULTY OVERLOAD TO
                                                VACATION LEAVE CREDITS

               Legal Bases:

                   1)  Omnibus Rules Implementing Book V of Executive Order No. 292
                   2)  Approved under Board Res. No. 30, s. 2001 dtd. May 28,2001

               Due  to  budgetary  constraints,  overload  of  faulty  members  teaching  in  the  Graduate  and
               Undergraduate Programs are not always paid in full. Whatever amount is available is paid to
               overload claims on a pro- rated basis.

               In order to remedy the situation, the University hereby adopts the policy of converting the unpaid
               balance of the faculty overload into vacation leave credits.

               1.0 OBJECTIVES

               To  provide  incentives  to  faculty  members  with  overload  who  cannot  be  paid  in  full  due  to
               budgetary limitations.

               To properly compensate overload faculty with non- monetary benefits in case they could not be
               paid either in full or in part due to budgetary constraints.

               2.0 SCOPE

               All faculty members teaching in the Graduate, Undergraduate, and High School with overload as
               computed by the Workload Committee will be entitled to this benefit. The conversion will apply
               only during academic terms when the allocated amount for honoraria in the University budget is
               not enough to cover the claims for overload pay.

               3.0 DEFINITION OF TERMS

                    3.1  Faculty  Workload-  the  computed  workload  of  the  faculty  from  instruction  and  quasi-
                        teaching functions based on the University Workload Policy.
                    3.2 Overload/ Excess Workload- the excess of the total workload over the regular faculty
                        workload.
                     3.3 Leave Credit- the number of days resulting from the conversion of the unpaid overload
                        into leave credit.

               4.0 MECHANISM OF CONVERSION

                    4.1  The  workload  is  first  computed and checked by  the Workload  Committee,  which  will
                        determine if a faculty member has an overload or excess workload. Only a maximum of
                        six (6) overload units or 108 hours per academic term will be allowed. Any excess of 6
                        overload units or 108 hours will be forfeited.
                    4.2 The overload pay/ honorarium is computed by the Accounting Office in accordance with
                        DBM rules using the data provided by the Workload Committee.

                   a)  Computation of PHTR:
                         Annual Salary x Degree Factor
                           (Doctoral= 0.0015; Masteral=0.0014; B.S.=0.000781)
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