Aquitania, juan Miguel G., Mendoza, Clarrise Jade., Moring, Rhea Nice P., Romero, Bert P., Toralba, Precious Grace O., Vinuya, Maxene B. 4 0
Sufficiency of the remuneration of public elementary school teachers in Manila on their family expenditures: Basis for salary adjustments 6 6 Aquitania, juan Miguel G., Mendoza, Clarrise Jade., Moring, Rhea Nice P., Romero, Bert P., Toralba, Precious Grace O., Vinuya, Maxene B. - - - 112 pages - - - - - . - . - 0 . - . - 0 .
Research Paper: (BSBA major in Business Economics) - Pamantasan ng Lungsod ng Maynila, 2024
5
ABSTRACT: The study aims to determine the sufficiency of the remuneration of public elementary school teachers in Manila on their family expenditures as basis for salary adjustments. The scope of the study is about determining their demographic profile, their monthly remuneration as well as their bonuses, their monthly expenditure profile, their priorities in budgeting their monthly expenses, their savings profile, the assets they acquired based on their remuneration, and lastly, the level of sufficiency of the remuneration as to their monthly expenses and luxuries. The research design utilized in the study is a mixed descriptive research design that uses both qualitative and quantitative methods. Using Slovin's Formula for the sample size, 376 teachers we utilized primarily working from public elementary schools located in 6 congressional districts of Manila. 92 teachers had a deficit relative to their family income, which in turn means that their family income is less than the annual expenditure. Most of the teachers have no savings relative to their remuneration. Based on the priorities in budgeting, teachers most commonly prioritize the basic necessities among the rest. The study found out that in terms of basic necessities, the financial support for dependents is insufficient, but for other basic necessities, the remuneration is sufficient. But for expenses of leisure activities, personal care, emergency expenses, loan repayments, insurance premiums, classroom expenses, and luxuries, the remuneration is found to be insufficient. Keywords: Remuneration, Expenses, Income, Savings, Priorities in Budgeting, Assets Acquired, Level of Sufficiency
5
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Sufficiency of the remuneration of public elementary school teachers in Manila on their family expenditures: Basis for salary adjustments 6 6 Aquitania, juan Miguel G., Mendoza, Clarrise Jade., Moring, Rhea Nice P., Romero, Bert P., Toralba, Precious Grace O., Vinuya, Maxene B. - - - 112 pages - - - - - . - . - 0 . - . - 0 .
Research Paper: (BSBA major in Business Economics) - Pamantasan ng Lungsod ng Maynila, 2024
5
ABSTRACT: The study aims to determine the sufficiency of the remuneration of public elementary school teachers in Manila on their family expenditures as basis for salary adjustments. The scope of the study is about determining their demographic profile, their monthly remuneration as well as their bonuses, their monthly expenditure profile, their priorities in budgeting their monthly expenses, their savings profile, the assets they acquired based on their remuneration, and lastly, the level of sufficiency of the remuneration as to their monthly expenses and luxuries. The research design utilized in the study is a mixed descriptive research design that uses both qualitative and quantitative methods. Using Slovin's Formula for the sample size, 376 teachers we utilized primarily working from public elementary schools located in 6 congressional districts of Manila. 92 teachers had a deficit relative to their family income, which in turn means that their family income is less than the annual expenditure. Most of the teachers have no savings relative to their remuneration. Based on the priorities in budgeting, teachers most commonly prioritize the basic necessities among the rest. The study found out that in terms of basic necessities, the financial support for dependents is insufficient, but for other basic necessities, the remuneration is sufficient. But for expenses of leisure activities, personal care, emergency expenses, loan repayments, insurance premiums, classroom expenses, and luxuries, the remuneration is found to be insufficient. Keywords: Remuneration, Expenses, Income, Savings, Priorities in Budgeting, Assets Acquired, Level of Sufficiency
5
2 = =
2
2 --0------
6 --0-- 2 --------
0 2 --
--20------
--------20--
--------20--
----2
/ 2
/ 2
/
/