TRAINING / CERTIFICATIONBOND POLICY

TRAINING BONDPOLICY

RATIONALE: ICS invests on training &/or certification exams of the employee. Bond Period will ensure continued ICS employment so the employee can use his new knowledge or skills for improved productivity and client service.

SCOPE: All ICS regular (probationary & permanent) and contractual personnel

GUIDELINES:A. Training Agreements will cover all training programs

and certification exams that are required by the: 1. Technical position, as specified in the Terms of

Reference (TOR);2. Promotion guidelines set by each technical

Department3. CS principals and / or customers;

B. Policy does not include training and/or certifications that are already covered by a development program with a separate contract. Policy does not include also On- line trainings, product briefings, half-day vendor trainings, online certifications w/out cost.

TRAINING BONDPOLICY

C. Total training cost : basis for duration of the training contract.

D. Total cost : training fee, certification / exam fees, travel allowance, other training expenses (hotel, food & fare, if outside of Metro Manila), excluding per diem & study time.

E. For foreign programs &/or certification exams, foreign cost will be converted to peso equivalent based on the prevailing exchange rate.

F. The training contract duration will be based on the following schedule:

AMOUNT (PHP) BOND PERIOD

Below 5,000 3 months

5,001 - 10,000 6 months

10,001 - 50,000 12 months

50,001 - 100,000 18 months

100,001 - 150,000 24 months

150,001 - 200,000 30 months

200,001 - 300,000 36 months

GUIDELINESG. For partner or client-sponsored training &/or certifications, the bond period is determined by the total training cost using the table below. Maximum bond period is also 3 years.

AMOUNT (In Php) TIME FRAME for TRAINING BOND

< 50,000 3 months

50,001 - 100, 000 6 months

100,001 - 150,000 12 months

150,001 - 200,000 18 months

200,001 - 300,000 24 months

301,000 - 400,000 30 months

Above 400,000 36 months

TRAINING BONDPOLICY

1. First training &/or certification: the bond period will be based on the preceding table. Coverage date begins on the date after the certification or training.

2. For succeeding contract/s --a) Previous training cost will be pro-rated

based on months served;b) Pro-rated cost of the previous contract’s

uncompleted bond period will be added to the cost of the new contract;

c) Total amount will determine new training bond's coverage;

d) Coverage begins on the date after new training / certification; and.

e) HR will give an addendum contract to the employee indicating new bond cost and duration of bonding period.

3. For contracts that fall in another calendar year:a) New contract will follow above procedures

per #2 above.b) If the employee has an existing training

bond in the previous year, the contract for the new calendar year begins after the end date of the new training / certification, based on cumulative cost.

GUIDELINES3. For successive trainings/certifications that are sponsored either by ICS first and then followed by a partner- vendor or client (or vice-versa):

a. For first training or certification, the bond is based on the appropriate table -- Table G for ICS sponsored programs and Table H for non-ICS sponsored training/ certification.

b. For the succeeding training, once training sponsor changes, the new bond will run simultaneously as that of the previous.

c. If the employee resigns, he will have to pay the unserved training cost of both bonds.

TRAINING BONDPOLICY

EXAMPLES: SAME CALENDAR YEAR:

# End Date of Training

Training Amount

BondAmount

Bond Period Contract Coverage

1 2/09/08 30,000.00 30,000.00 12 months Feb 11, 2008 to Feb 10, 2009

2 5/31/08 60,000.00 82,500.00 18 months June 1, 2008 to Nov 30, 2009

3 11/30/08 30,000.00 85,000.02 18 months Dec 1, 2008 to May 31, 2010

NEW CALENDAR YEAR:# End Date of

TrainingTraining Amount

BondAmount

Bond Period Contract Coverage

1 1/31/09 20,000.00 95,555.55 18 months Feb 1, 2009 to July 31, 2010

GUIDELINES

4. For development programs with separate contracts:

• ICS technical departments may have their own technical development programs with a separate training and certification schedule, usually with a provision for study time. The bond for this development program follows a separate period that is stated in the program’s contract terms.

• However, when an employee is sponsored for training or certification exam while he is already bonded under a development program, his bond for the training or certification begins only after the bond period for the development program ends.

• Maximum bond period (from a combined development program and ICS / vendor / client-sponsored training) is three years.

TRAINING BONDPOLICY

5. For “RE-TAKE’s” of certification exams: the contract cost for that certification will then double. HR prepares a new contract where the bond period is adjusted to reflect the additional cost, with contract coverage to begin after the date of the “re-take” of the exam.