Page 176 - PARAMETER E

Part 4- Income Generating Projects

4.2.7.3.1. Incentives of IGP personnel (40%)
To encourage personnel in various IGP, 40% of the net profit shall be allocated
for their incentives which shall only be given when the following conditions are met
within the production year.

4.2.7.3.1.1. A project must have an individual ROI of 15%. Individual IGP who did not meet the
15% ROI will not be given incentives.

4.2.7.3.1.2. Allocation of the 40% incentives:
4.2.7.3.1.2.1. 32% for project managers but not to exceed 75,000/ production year.
4.2.7.3.1.2.2. 22% for project laborers but not to exceed 35,000.00.
4.2.7.3.1.2.3. 30% for board management and finance analyst.
4.2.7.3.1.2.4. 16% for the benefits of IGP office personnel and support staff of IGP( i.e. bonus
cash gift, allowance and incentives).

4.3.7.3.2. Capital Build Up (20%)
This amount shall be used to augment the capital of any project found to be
most viable. The maximum capital that a project could have is 10,000,000.

4.3.7.3.3. Support to Administration (40%)

4.3.7.3.4. The incentives and/or distribution of the incentives to all units of the production
system maybe revised anytime it is deemed necessary subject to the approval of the
President upon recommendation of the Board of Management. Incentives shall only
be given if the ROI is 10% or higher.

163
IFSU Code