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MANAGEMENT ASPECT
This chapter concerns the organizational set-up of the business. This includes the
organizational chart, the qualifications of the people involved. It also determines the type of
business ownership and the duties and responsibilities of each personnel needed to run and
manage the business.
This chapter includes the mission and vision statement and core value which reflects
every facet of the business: the range and nature of the products offered by the business,
pricing, quality, service, marketplace position, growth potential, use of technology, and the
relationships of the company with their customers, employees, suppliers, competitors and the
community.
1.1 Introduction
Panna Cotta is the main product being offered by this business. It is an Italian dessert,
most popular in Northern Italy, and probably originated in the Piedmont region of the country.
Its name translates to cooked cream, but it is actually not cooked that much. Milk and cream,
plus sugar and flavorings are cooked together for a brief period of time, and then added to a
thickening agent which results in a dessert that has an exceptionally light and silky mouth feel.
To make this dessert more exceptional and eye appealing to the customers, the
proponents decided to combine it to fruits such as lychees, mangoes, and buko which will also
serve as its unique flavors.
The main ingredients of this dessert which happens to be milk and cream contains
vitamins and nutrients that are essential to our body and combining it with fresh fruits which
contains natural sweet flavors will make it more delicious and give it more health benefits.
We are all aware that milk is a great source of calcium, which is essential for healthy
bones and strong teeth. It also contains protein, which helps to rebuild muscles. Cream
contributes about three percent of the daily sodium, carbohydrates and protein needs of a
person. Cream also provides vitamins A and C contributes in strengthening ones immune
system.
In the other hand, Fruits which are considered natures wonderful gift to mankind
because its like medicines packed with vitamins, minerals, anti-oxidants and many phytonutrients (Plant derived micronutrients). They are an absolute feast to our sight, not just
because of their color and flavor but for their unique nutrition-profile that help the human body
free of diseases and stay healthy!
1.2 Mission
Mission statement is a short sentence or paragraph used by a company to explain, in
simple and concise terms, its purposes for being. These statements serve a dual purpose by
helping employees to remain focused on the tasks at hand, as well as encouraging them to
find innovative ways of moving towards an increasingly productive achievement of company
goals.
De La Belles Sweet Solutions shall manufacture desserts of highest quality and taste that will
be loved by all food specially dessert lovers.
1.3 Vision
Vision statement is an aspirational description of what an organization would like to achieve or
accomplish in the mid-term or long-term future. It is intended to serves as a clear guide for
choosing current and future courses of action.
De La Belles Sweet Solutions envisioned itself to be the best provider of dessert in the
Philippines.
The Customer Perceived Values our venture is trying to achieve are the following:
Healthy which shall be loved by both food lovers and health conscious customers.
The Logo is the graphical mark used to identify a company, organization, product or
brand. Logos are in used in order to generate awareness of the company's association with a
particular product or service.
The proponents choose pink and green as the main color to be used in the business
venture and in the logo because aside from the fact that it is eye appealing when combined,
both colors has positive meanings in business which matches the ventures desires and goals.
Sweet was added to the name to indicate what the business venture is offering which is
desserts. Sweets are also believed to be a stress reliever so we came up with the name Sweet
Solutions. We envisioned our business to give happiness to our clients and lift up the mood of
our customers that is why we decided that De La Belles Sweet Solutions would be the perfect
name for the venture.
De La Belles Sweet Solutions
More opportunities for tax planning (such as income splitting between family members)
than that of a sole trader.
A partner's share of the business's tax losses may be offset against other personal
income, subject to certain conditions.
Access to capital.
1.8 Ownership
The capital and income of the business is agreed to be shared by the owners in the
following ratio:
40%
Jobelle I. Catabay
30%
30%
MSME
Asset Size
Number of Employees
Up to 3,000,000
1 - 9 employees
3,000,001 - 15,000,000
10 - 99 employees
15,000,001 - 100,000,000
above 100,000,000
1.10
Job Analysis
To utilize and efficiently use each employees working hours, the proponents decided to
hire service crews who will be working together with the proponents in a rotating matter. Each
crew will be assigned to a task for a week and another task in the following week which means
that all crew will experience the works done by a cashier and the works in the kitchen. All
crews will also be trained how to create the products offered by the venture specially the
Panna Cotta.
Number of Employees:
1 Security Guard
1 Cashier
2 Kitchen Personnel
Has the ability to multi-task, can work under pressure, reliable and has good
initiative
Willing to work on extended hours and can work with less supervision
Security Guard
Security guards are crime, threat and risk prevention officers assigned
to protect specific people and property. This may include detecting some of the
same offenses that would cause a peace officer to act, such as a fight or
burglary. The security guards concern is to protect persons and prevent
damage or destruction to property.
Cashier
A cashier
collects
and
disburses
money
within
financial
and
other
Responsible of taking the food check from the customers or the table
attendants
Cashier responsibilities include assisting the wait staff during rush hours
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Check the customers to ensure that they are enjoying their meals and
take necessary actions if there are problems
Kitchen Personnel
The kitchen staff / personnel is involved in the same basic duties required to
provide food services to clients. Food preparation and the actual cooking of
the dishes are just two of the jobs available in a kitchen.
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Clean Dishes
350.00
Total Weekly
Compensation
1,750.00
Total Monthly
Compensation
7,000.00
Cashier
350.00
1,750.00
7,000.00
Security Guard
425.00
2,125.00
8,500.00
Kitchen Personnel
350.00
1,750.00
7,000.00
Table Attendant
350.00
1,750.00
7,000.00
Employee
Daily Rate
Proponents
1.11
Benefits
Employees are eligible for most benefits programs on the first day of employment.
Holidays: Twelve (12) paid holidays per year as provided under Philippine law.
Vacation: Thirteen (13) vacation days, with additional 1 vacation day every year
starting on 2nd year of service. Maximum total vacation leave is 18 days.
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Retirement: The plan, which is 100% funded by the company calculated at one
months base salary per year of service based on the employees latest basic rate
upon normal retirement at age 60, death or total and permanent disability. Early
retirement benefit can be available starting at age 50 and 10 years of service equal
to 50% of normal retirement benefit.
Dental - Free dental benefits are likewise provided with three (3) dentists
alternately visiting the factory rendering unlimited dental consultations,
unlimited simple tooth extractions and temporary fillings, annual oral
prophylaxis, re-cementation of jacket crown inlays and onlays, simple
adjustment of dentures and emergency treatments.
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Leaves:
Sick Leave - Twelve (12) days per year for the first two years of service.
With additional 1 sick leave every year starting on 2nd year of service.
Maximum total sick leave is 15days. All unused leave days are convertible
to cash in December of each year.
Paternity Leave - All legally married male employees are eligible for 7
working days up to four (4) child birth or miscarriage of legitimate spouse to
be availed within sixty (60) days from deliver / miscarriage.
Solo Parent Leave - Seven (7) working days parental leave for solo parents
certified by the DSWD
Calamity Leave two (2) days leave for employees who were affected by
flood, fire and typhoon
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Magna Carta for Women Sixty (60) working days leave. It is given to all
female employees who underwent surgery caused by gynaecological
disorders and who have rendered at least six (6) months continuous
aggregate employment service for the last twelve (12) months prior to
surgery.
Other Benefits:
13th month - The Company grants a 13th month pay equivalent to one (1)
months pay to all eligible associates every November of each year.
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Associates with at least one (1) year of service as of November 20th shall
receive a full bonus equivalent to one (1) months basic monthly salary while
those less than one (1) year of service shall receive a pro-rated bonus
provided they have worked for 1 month.
Mid-year Bonus The company grants bonus equivalent to 12 days pay. All
probationary and regular employees are eligible to this bonus.
Rice Allowance - The Company shall provide rice subsidy to all eligible
associates in cash which shall be incorporated in the payroll, tax-free, every
month.
Meal Subsidy - The Company provides its associates with a meal subsidy to
partially cover for meals every day that the associate reports for work and to
alleviate his daily expenses. An employee must have rendered the minimum
number of hours per day to get a full or half-meal credit.
Tuition Fee Subsidy - All employees are eligible upon hire. Amount of
subsidy: P 2,500 given in April of each year.
present
or
prospective
job
assignment.
Maximum
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Major Operative procedures such as, but not limited to, general and
specialized
surgeries,
and
major
gynaecological
operation.
Loyalty Token Employees are recognized for their loyal and dedicated
service to the company for every five years of continuous service by the
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way of gift check or token, plus plaque of appreciation during the service
award ceremony.
Listed below are the benefits that are required by the Philippine government to be given to
working Filipinos (Government-mandated Benefits):
Social Security System (SSS) The Social Security System was created by the
Philippine government.
become an SSS member (Republic Act No. 8282). This system aims to protect its
members for when they are unable to work such as sickness, disability, maternity, old
age and death, or other such contingencies not stated but will result in loss of income
or results to a financial burden. When an employee gets sick, SSS will reimburse them
with their equivalent daily salary multiplied by the number of days absent. When a
female member gives birth, SSS gives the employee 2 months worth of salary to
compensate for the time she will be off from work due to childbirth. The SSS also
serves as a pension plan for its members as SSS returns members monthly
contributions after they retire from work. The amount of SSS monthly contribution is
determined from the actual monthly salary an employee receives. 30% of total monthly
contribution is deducted from an employees salary, while 70% is subsidized by the
employer.
Below is the New Schedule of SS and EC Contributions effective and applicable starting January 2014.
RANGE OF
COMPENSATION
MONTHLY
SALARY
CREDIT*
1,000 1,249.99
1,250 1,749.99
1,750 2,249.99
2,250 2,749.99
2,750 3,249.99
3,250 3,749.99
3,750 4,249.99
4,250 4,749.99
4,750 5,249.99
5,250 5,749.99
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
5,000
5,500
EMPLOYER - EMPLOYEE
SOCIAL SECURITY
EC
TOTAL CONTRIBUTION
ER
EE
TOTAL
ER
ER
EE
TOTAL
73.70
36.30
110.00
10.00
83.70
36.70
120.00
110.50
54.50
165.00
10.00
120.50
54.50
175.00
147.30
72.70
220.00
10.00
157.30
72.70
230.00
184.20
90.80
275.00
10.00
194.20
90.80
285.00
221.00
109.00
330.00
10.00
231.00
109.00
340.00
257.80
127.20
385.00
10.00
267.80
127.20
395.00
294.70
145.30
440.00
10.00
304.70
145.30
450.00
331.50
163.50
495.00
10.00
341.50
163.50
505.00
368.30
181.70
550.00
10.00
378.30
181.70
550.00
405.20
199.80
605.00
10.00
415.20
199.80
615.00
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SE/VM/OFW
TOTAL
CONTRIBUTION
110.00
165.00
220.00
275.00
330.00
385.00
440.00
495.00
550.00
605.00
10.00
10.00
10.00
10.00
10.00
10.00
10.00
10.00
10.00
10.00
10.00
10.00
10.00
10.00
10.00
10.00
10.00
10.00
30.00
30.00
30.00
452.00
488.80
525.70
562.50
599.30
636.20
673.00
709.80
746.70
783.50
820.30
857.20
894.00
930.80
967.70
1,004.50
1,041.30
1,078.20
1,135.00
1,171.80
1,208.70
218.00
236.20
254.30
272.50
290.70
308.80
327.00
345.20
363.30
381.50
399.70
417.80
438.00
454.20
472.30
490.50
508.70
526.80
545.00
563.20
581.30
670.00
725.00
780.00
835.00
890.00
945.00
1,000.00
1,055.00
1,110.00
1,165.00
1,220.00
1,275.00
1,330.00
1,385.00
1,440.00
1,495.00
1,550.00
1,605.00
1,680.00
1,735.00
1,790.00
660.00
715.00
717.00
825.00
880.00
935.00
990.00
1,045.00
1,100.00
1,155.00
1,210.00
1,265.00
1,320.00
1,375.00
1,430.00
1,485.00
1,540.00
1,595.00
1,650.00
1.705.00
1,760.00
Monthly
contributions are based on actual employee monthly salaries and the amount of
employee contribution is matched equally by the employer.
Home Development Mutual Fund (Pag-ibig Fund) Employers are also required to
contribute, on behalf of their employees, to the Home Development Mutual Fund
(Republic Act 7835). This company provides the lowest interest housing and land
acquisition loans to its members that are payable for up to 30 years. This gives every
Filipino worker an opportunity to own a house in easy-payment plans that can directly
be deducted from their monthly wages.
13th Month Pay Based on Presidential Decree No. 851, all Filipino employees are
entitled to a year-end bonus equivalent to one (1) month salary regardless of the
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nature of their employment. The 13th month pay is to be given no later than December
24 of every year a worker is employed.
Service Incentive Leave According to Article 95 of the Labor Code of the Philippines,
an employee who has worked for at least one (1) year in a company is entitled to five
(5) days leave of absence, with pay, every year. If the employee does not avail of
these paid leaves, the company may opt to have them do a mandatory leave of
absence, with pay, or convert these unveiled paid leaves to their cash equivalents, to
be given at the end of each year.
Meal and Rest Periods - According to Article 83 of the Labor Code of the Philippines,
employees are entitled to one (1) hour break for meals on an eight-hour work day.
Employees are also entitled to adequate rest periods in the morning and afternoon, of
short durations, that will be counted as hours worked. These rest periods normally last
for 15 minutes and can be used by employees as coffee or snack breaks.
Overtime Pay and Holiday/Rest Day Pay - Under Article 87, an employee who renders
over eight (8) hours of service per day shall be given an overtime pay which is
equivalent to his regular hourly wage plus at least twenty-five percent (25%) thereof.
Under Article 93, if an employee is asked to work on their scheduled rest day or on a
non-working holiday, the employee shall be paid an additional compensation of at least
thirty percent (30%) of his regular wage.
Night Shift Differential According to Article 86, every employee shall be paid a night
shift differential of not less than ten percent (10%) of his regular wage for each hour of
work performed between ten oclock in the evening and six oclock in the morning.
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Other company benefits Other company benefits that are not government mandated,
but are usually given to employees anyway are:
Holiday/Christmas Bonus This is given in December, on top of the 13th month pay.
This is considered as the companys Christmas gift to their employees.
Mid-Year Bonus This is given in June, when the countrys school year starts. This is
to assist employees in school enrollment fees for their children. This is also known as
an educational assistance plan.
Cost of Living Allowances Some companies provide their employees with yearly rice,
medicine, and clothing allowances.
Paid Holiday and Vacation Leaves On top of the mandated 5 days/year leave with
pay, some companies give their employees additional paid holiday and vacation
leaves. The number of days allocated for these leaves usually vary from company to
company and depends on the number of years an employee has been of service to the
company.
All the benefits mentioned above, that are enjoyed by Filipino employees, are what
sweetens the deal more than the regular salaries that they receive. When faced with a
choice between two jobs that pay more or less the same in terms of salary, an employee will
always consider company benefits in order to make a sound decision. These benefits are
equivalent to 30-50% of an employees yearly wage, sometimes more. In the end, companies
who know how to take good care of their employees will have a lower employee turn-over rate
than those that give no more than government-required benefits.
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Freelancers have the option to enrol themselves to SSS, Phil Health, and HDMF as
self-employed individuals to avail of the benefits these institutions offer. However, if theyd
wish to become members, they would have to shoulder the entire contribution themselves to
cover for both employee contribution and employer subsidy. The amount of the contribution
will depend upon the income that freelancers will declare, and of course, benefits will also vary
based on the amount of monthly contributions.
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