BRAND AND BEYOND ADVERTISING HOUSE

B-205, Supreme Business Park, Kensington Rear Exit Road,

Hiranandani Gardens, Powai, Mumbai – 400076 Maharashtra

PROPOSED FIVE YEAR SALARY INCREASE SCHEME FOR CREATIVE

DEVELOPMENT DEPARTMENT
JOB POSITION YEAR SALARY % increase Incremented Salary
1 ₱355,607 ₱359,163.07
2 ₱359,163.07 ₱362,754.70
Art Director 3 ₱362,754.70 ₱366,382.25
4 ₱366,382.25 ₱370,046.07
5 ₱370,046.07 ₱373,746.53
1 ₱188,495 ₱190,379.95
2 ₱190,379.95 ₱192,283.75
Graphic Artist 3 ₱192,283.75 ₱194,206.59
4 ₱194,206.59 ₱196,148.66
5 ₱196,148.66 ₱198,110.15
1 ₱242,867 ₱245,295.67
2 ₱245,295.67 ₱247,748.63
Graphic Designer 3 ₱247,748.63 1% ₱250,226.12
4 ₱250,226.12 ₱252,728.38
5 ₱252,728.38 ₱255,255.66
1 ₱255,255.66 ₱257,808.22
2 ₱257,808.22 ₱260,386.30
Web Designer 3 ₱260,386.30 ₱262,990.16
4 ₱262,990.16 ₱265,620.06
5 ₱265,620.06 ₱268,276.26
1 ₱296,300 ₱299,263
2 ₱299,263 ₱302,255.63
Copywriter 3 ₱302,255.63 ₱305,278.19
4 ₱305,278.19 ₱308,330.97
5 ₱308,330.97 ₱311,414.28
-task 3

JOB POSITION YEAR SALARY % increase Incremented Salary

 1 ₱355,607 ₱373,387.35
2 ₱373,387.35 ₱392,056.72
Art Director 3 ₱392,056.72 ₱411,659.56
4 ₱411,659.56 ₱432,242.54
5 ₱432,242.54 ₱453,854.67
1 ₱188,495 ₱197,919.75
2 ₱197,919.75 ₱207,815.74
Graphic Artist 3 ₱207,815.74 ₱218,206.53
4 ₱218,206.53 ₱229,116.86
5 ₱229,116.86 ₱240,572.70
1 ₱242,867 ₱255,010.35
2 ₱255,010.35 ₱267,760.87
Graphic Designer 3 ₱267,760.87 5% ₱281,148.91
4 ₱281,148.91 ₱295,206.36
5 ₱295,206.36 ₱309,966.68
1 ₱255,255.66 ₱268,018.44
2 ₱268,018.44 ₱281,419.36
Web Designer 3 ₱281,419.36 ₱295,490.33
4 ₱295,490.33 ₱310,264.85
5 ₱310,264.85 ₱325,778.09
1 ₱296,300 ₱311,115
2 ₱311,115 ₱326,670.75
Copywriter 3 ₱326,670.75 ₱343,004.29
4 ₱343,004.29 ₱360,154.50
5 ₱360,154.50 ₱378,162.22

BRAND AND BEYOND ADVERTISING HOUSE

B-205, Supreme Business Park, Kensington Rear Exit Road,
Hiranandani Gardens, Powai, Mumbai – 400076 Maharashtra

PROPOSED FIVE YEAR SALARY INCREASE SCHEME FOR CREATIVE

DEVELOPMENT DEPARTMENT
-task 3
 BRAND AND BEYOND ADVERTISING HOUSE
B-205, Supreme Business Park, Kensington Rear Exit Road,
Hiranandani Gardens, Powai, Mumbai – 400076 Maharashtra

PROPOSED FIVE YEAR SALARY INCREASE SCHEME FOR CREATIVE

DEVELOPMENT DEPARTMENT
JOB POSITION YEAR SALARY % increase Incremented Salary
1 ₱355,607 ₱391,167.70
2 ₱391,167.70 ₱430,284.47
Art Director 3 ₱430,284.47 ₱473,312.92
4 ₱473,312.92 ₱520,644.21
5 ₱520,644.21 ₱572,708.63
1 ₱188,495 ₱207,344.50
2 ₱207,344.50 ₱228,078.95
Graphic Artist 3 ₱228,078.95 ₱250,886.85
4 ₱250,886.85 ₱275,975.54
5 ₱275,975.54 ₱303,573.09
1 ₱242,867 ₱267,153.70
2 ₱267,153.70 ₱293,869.07
Graphic Designer 3 ₱293,869.07 10% ₱323,255.98
4 ₱323,255.98 ₱355,581.58
5 ₱355,581.58 ₱391,139.74
1 ₱255,255.66 ₱280,781.23
2 ₱280,781.23 ₱308,859.35
Web Designer 3 ₱308,859.35 ₱339,745.29
4 ₱339,745.29 ₱373,719.82
5 ₱373,719.82 ₱411,091.80
1 ₱296,300 ₱325,930
2 ₱325,930 ₱358,523
Copywriter 3 ₱358,523 ₱394,375.30
4 ₱394,375.30 ₱433,812.83
5 ₱433,812.83 ₱477,194.11
-task 3

August 21, 2021

Ms. Belinda Pangilinan

COO

Brand and Beyond Advertising House

RE: Five Year Salary Increase Scheme

Dear Madam

I am writing this recommendation letter regarding the salary scheme we can offer to
the employees in the Creative Development Department. As I compute the salary
schemes we can offer based on 1%, 5% and 10% salary percentage increase per year. I
recommend that we push through the salary scheme with 5% salary percentage
increase per year. By this salary scheme, we can give the pay raise the employees
deserve our company can afford.

This is the formula I used:

Sn=S 1 r n−1
Where:
Sn =nth year salary
S1 = current salary
r = common ratio
n = number of years
Attached here are my computations based on the said salary percentage increase per
year.

I, therefore, recommend a salary increment of 5% of their salary for the next five years
to pay for their continued dedication and excellent work.

Sincerely,

Mary Ruth V. Bahillo

Finance Officer, Management