Attachment 9 - Local Compensation Plan.pdf

EMPLOYEE BENEFITS

Christmas Bonus:

The Christmas Bonus is calculated from January 1st through December 31st and is usually given before Christmas, during the month of November as follows:

Employees holding grades 10 through 12: 13.9 percent of the employee’s Annual Basic Salary which is in effect at the time of payment. Employees holding grades 1 through 9: 12.5 percent of the employee’s Annual Basic Salary which is in effect at the time of payment.

Vacation Bonus The Vacation Bonus is usually given during the month of July as follows:

The vacation bonus consists of 5.4 percent of the employee’s Annual Basic Salary which is in effect at the time of payment.

Fourteenth Month Bonus The Fourteenth Month Bonus is usually given during June as follows:

The fourteenth month bonus consists of 8.33 percent of the employee’s Annual Basic Salary, which is in effect at the time of payment.

GRADE

(40 Hour

Workschedule)

FSN 12 1,068,062.00 - 1,815,702.00 41,079.31 - 69,834.69

FSN 11 776,178.00 - 1,319,491.00 29,853.00 - 50,749.65

FSN 10 570,143.00 - 969,237.00 21,928.58 - 37,278.35

FSN 09 418,770.00 - 711,900.00 16,106.54 - 27,380.77

FSN 08 345,351.00 - 587,097.00 13,282.73 - 22,580.65

FSN 07 247,156.00 - 420,162.00 9,506.00 - 16,160.08

FSN 06 205,101.00 - 348,658.00 7,888.50 - 13,409.92

FSN 05 181,480.00 - 308,533.00 6,980.00 - 11,866.65

FSN 04 165,800.00 - 281,868.00 6,376.92 - 10,841.08

FSN 03 133,214.00 - 226,462.00 5,123.62 - 8,710.08

FSN 02 121,100.00 - 205,878.00 4,657.69 - 7,918.38

FSN 01 102,232.00 - 173,789.00 3,932.00 - 6,684.19

BASIC SALARY PER YEAR

Local Currency (Lempiras)

BASIC SALARY PER YEAR

(Dollars)

Exchange Rate: L. 26.00 = $1.00

RFP No. 72052220R00001

ATTACHMENT 9

USAID/HONDURAS

LOCAL COMPENSATION PLAN EFFECTIVE OCTOBER 13, 2019

(40 hours Workweek)

Many firms use the U.S. Embassy’s Local Compensation plan as a basis for estimating local labor costs.

This is based on the concept that the U.S. Embassy & USAID pay reasonable salaries. Both Position Classification and Compensation are applied to determine the reasonableness of an individual position’s salary under the system used by USAID and the Embassy.

The following pay ranges reflect the approximate equivalent base salary paid by the U.S. Government. In addition to this salary, the employees receive benefits normally required under the Honduran Labor Law.

ADDITIONAL BENEFITS

Medical and Life Insurance Retirement Plan Leave Policy Both Honduran and US holidays Paid overtime or compensatory time off work Compensatory time for official travel Monetary rewards linked to Performance Evaluation Reports Incentive Awards Program Severance Payment (if applicable)

Sample of Employee Categories:

Janitor/ Sweeper/Laborer Take the FSN 2 range from the LCP

Driver Take the FSN 3 range from the LCP

Receptionist/ Messenger Take the FSN 4 range from the LCP

Junior Secretary /Maintenance Tradesperson Take the FSN 5 range from the LCP

Administrative Clerk Take the FSN 6 range from the LCP

Secretary/ Junior Accounting Tech Take the FSN 7 range from the LCP

Administrative or Computer Management Assistant/ Junior Project Assistant/ Cashier accounting staff Take the FSN 8 range from the LCP

Project Management Assistant/ Accounting and Mid Range Systems Manager for a Small Organization Take the FSN 9 range from the LCP

Project Management Specialist/ Degree Professional/ Most Senior Admin Staff/ Accountant/ Take the FSN 10 range from the LCP

Advanced Degree Professional Area Specialist Systems Manager for a large organization Take the FSN 11 range from the LCP

Senior Recognized Expert with Advanced Degree – rare Take FSN 12 from the LCP