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July 17, 1942

Due to the increasing cost of living, the following salary readjustment has been made:

1. From ₱50 down, increase to ₱50 for permanent employees, one year in the service, regardless of merit.

2. From ₱50 to ₱100 varying increases according to merit.

3. ₱100 to ₱150—stationary. But “dead wood” will be reduced.

4. Above ₱150, definitely no increase, except to very exceptional and meritorious cases.

5. Total percentage of increase of permanent employees, 7%. ₱20,000 is calculated monthly salary of permanent employees. About ₱50,000 is total monthly salary of Manila and provincial, permanent and temporary employees. Not more than 300 employees will get an increase.

6. Provincial men. Reduce salary by 20% but give a per diem of ₱1.00 a day.

7. Reasons for increase: (a) hard work, including Saturday afternoons and Sundays; (b) lowest paid corporation, comparatively, (c) conducive to efficiency.

There’s nothing like getting a raise!