Silliman University (SU), through its Administration panel, and the Silliman University Faculty Association (SUFA), have reached a final compromise agreement to settle the CBA dispute, following a conference at the National Conciliation and Mediation Board-Region VII.
Both parties agreed on “economic improvements” be incorporated in the supplemental CBA.
The agreement scheduled for signing this morning include a monthly salary increase of P1,400 effective June 1, 2024, and P1,600 effective June 1, 2025;
Annual rice subsidy of P9,100 and P12,100 for the fourth and fifth years of the CBA, respectively; and a one-time P10,000 contract signing bonus for all full-time faculty under the bargaining unit, the SU said in a statement.
The university management also granted a teaching performance incentive of P4,000 for faculty who achieve excellent ratings and, P2,000 for those with very good rating, as a demonstration of SU’s continued goodwill and recognition of faculty contributions.
The compensation for handling excess students, and risk pay for those handling toxic chemicals and wildlife, have also been affirmed. ||
