PRIVATE & CONFIDENTIAL

JOB OFFER SHEET

Name : JACINTO BARRUGA III Pay Group : Monthly

Job Title : MORTGAGE BROKING ASST. Department : OPERATIONS

Employment Status : PROBATIONARY Reports To : CSM
Start Date : OCTOBER 12, 2020 Hours of Work 7am – 4pm

BASIC PAY : PHP 14,850 / month

Allowances Non-Taxable
Rice Allowances : PHP 1,500 / month
Clothing Allowances : PHP 450 / month
Laundry Allowances : PHP 300 / month
Punctuality Allowance : PHP 1,000 / month
TOTAL CASH COMPENSATION : PHP 18,100 / month

OVERTIME ENTITLEMENT : No
PROBATIONARY BENEFITS : 13th Month Pay (Prorated)
: (Optional)
50% Company paid Medical Insurance Coverage up to
Maximum Benefit Limit (MBL)
50% Employee paid Medical Insurance Coverage up to
Maximum Benefit Limit (MBL)
: 2.5 days leave credit accrued per month
Paid 2 Week Christmas Vacation taken against leaves
Australian holidays taken against leaves
: Premium Pay: Overtime / Philippine Holidays (If Applicable)
: SSS, Pag-Ibig, Philhealth Premium Contributions
: Employee Referral Program (ERP)
: Punctuality and Attendance Program (PandA)
: Free Daily Breakfast and Unlimited Coffee
: On-Site Childcare Services
: Maternity Leave (If Applicable)
: Paternity Leave (7 days – If Applicable)
: Bereavement Leave for Three (3) Working Days (not
convertible to cash)
: Violence Against Women and Children (VAWC) leave (10
days – If Applicable)

SIX MONTHS SERVICE : Medical Insurance Coverage up to Maximum Benefit Limit

(MBL)
: Interest-Free Company Loan
: Entitled to PAID leaves

ONE YEAR IN SERVICE : Solo Parent Leave for Seven (7) Working Days (if applicable;
not convertible to cash)
: Leaves can be converted to cash (maximum of 5 days)
: Eligible for Educational Assistance of Php 25,000/year

18 MONTHS IN SERVICE : Eligible for Employee Savings Plan (ESP)

VBP BACK OFFICE SOLUTIONS INC.

2nd Floor, Mango Square Bldg., Gen. Maxilom Ave., Cebu City
hr@virtualbusinesspartners.com.au
 PRIVATE & CONFIDENTIAL

TWO YEARS IN SERVICE : Free Medical Insurance Coverage for Two Qualified
Dependents

Note: Management reserves the right to reduce or substitute the amount of benefits that may
be given by reason of business exigencies as provided for under the law.

*Training allowance for 3 weeks. P500/day*

*Training bond of P10,000 is in effect for 6 months* If you resign within 6 months or are terminated
by VBP for being unable to adhere to set goals agreed upon by VBP and yourself, the training
bond will be deducted from your final pay.

Truly yours,

Charmaine Lee E. Querouz

Head of People & Culture

Conforme:

Name : _____________________
Signature :______________________
Date Signed :______________________

In line with current situation, if you agree with the conditions on this Job Offer kindly
send an email to m.candelario@virtualbusinesspartners.com.au with this statement:

“I accept the job offer and agree with the conditions set by VBP Back Office Solutions
Inc.”

VBP BACK OFFICE SOLUTIONS INC.

2nd Floor, Mango Square Bldg., Gen. Maxilom Ave., Cebu City
hr@virtualbusinesspartners.com.au