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FACULTY AND STAFF DEVELOPMENT FINANCIAL SCHEME
a b c d e f g
= c / b = c + e + f
1 Mr. A 200,000.00 7,000.00 3.500000% 400.00 1,000.00
8,400.00
2 Mr. B 250,000.00 7,000.00 2.800000% 400.00 1,000.00
8,400.00
3 Mr. C 300,000.00 7,000.00 2.333333% 400.00 1,000.00
8,400.00
De#a$%&
12 Percentage Againt !t"d# $&ene 'ite( )d)* i te
&ercentage f te e(&-#ee a-ar# fr( te )eti(ated tta- a
$.e. 7,000.00 a-ar#
200,000.00 a("nt aai-ed
3.500%
3 e e(&-#ee, after tree #ear i-- eent"a--# ae a te&
incre(ent 'ite( )e)*, and after c-ing i-- a- ae
4 'te( )g)* e e(&-#ee i-- n ae a ne )Baic !a-ar#) 'inc-"ding
te te& incre(ent and ran*.
5
$.e. 8,400.00 ne baic a-ar#
3.500% &ercentage againt t"d# e&ene
EMPLOYEENAME
STUDY E'PENSES(AMOUNT AVAILED)
*ASICSALA+Y
PE+CENTAEAAINST STUDY
E'PENSES
STEPINC+EMENT
+AN-+ATE
*ASIC SALA+Y(AFTE+ +AD.
SCHOOL)
An e(&-#ee (a# aai- an estimatedtta- a("nt 'e&ene* fr te
-e d"ratin f te deired (ater r dct
'te( )* e Preent a-"e f te )ta- A("nt Aai-ed) i-- n be
c(&"ted baed r "ing te a(e &ercentag
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6 'te( )i)* ere i-- be n act"a- ca"t. e e(&-#ee i-- &a#
te tta- a("nt tr" i erice.
$.e. 240,000.00 &reent a-"e f te t"d# e&ene
8,400.00 ne baic a-ar#
28.57 n. f (nt t &a# te e&ene
7 'te( ))* e n. f (nt re"ired t &a# i-- be d"b-ed fr te c- t
bene9t fr( i erice.
$.e 28.57 n. f (nt t &a# te e&ene
: 2
57.14 act"a- n. f (nt t &a# te e&ene
8 'te( ))* Act"a- n. f (nt t &a# te tta- a("nt diided b# 12
(nt.
$.e 57.14 n. f (nt t &a# te e&ene
12 n. f (nt in a #ear
4.76 act"a- n. f (nt t &a# te e&ene
