NHMFC - Corporate Rationalization

About the Hon. Vice-President and NHMFC Chairman Jejomar C. Binay

In compliance with Executive Order No. 366, the NHMFC implemented its corporate rationalization program consistent with the organizational structure approved by DBM. The rationalization cut the corporate workforce to almost half thereby reducing the total personnel cost by 57%

	Before E.O. 366	DBM CSC Organized Set-Up
No. of Plantilla Items	850	300
No. of Groups	13	4
No. of Departments	18	9
Annual Personnel Cost	P126,709,569.36	P54,196,572.00