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Journal : education policy and development epd

Financial Management Practices of Instructors of Catholic Higher Education Institutions in The Cagayan Valley Region: Basis for Financial Wellness Program Karen Joy Catacutan; Fe Rose-Anne Maramag
Education Policy and Development Vol. 3 No. 1 (2025): Education and Policy Development
Publisher : Research Synergy Foundation

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31098/epd.v3i1.3029

Abstract

This study investigates the financial management practices of instructors at Catholic higher education institutions in the Cagayan Valley Region. The study employs a mixed-methods approach to examine budgeting, recordkeeping, financial control, and cash management practices. The study used a descriptive survey for quantitative research and basic qualitative research for qualitative research. A total of 269 instructors participated in the study, which was conducted from January to June 2023. Quantitative data were analyzed using descriptive statistics, whereas qualitative insights were derived through thematic analysis. The findings indicate that budgeting and financial control are often practiced, whereas recordkeeping and cash management are sometimes practiced. Differences in financial management practices were noted across demographic profiles. This study highlights the need for financial wellness programs to address gaps in financial literacy and promote effective financial management practices among educators.
Remuneration and Engagement: A Study of Catholic Educators Karen Joy Catacutan; Gladys Tumbali
Education Policy and Development Vol. 3 No. 2 (2025): Education Policy and Development
Publisher : Research Synergy Foundation

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31098/epd.v3i2.3032

Abstract

This study examined the organizational engagement of Catholic educators in relation to a rationalized remuneration system. Conducted across six Catholic Higher Education Institutions in Region II, it employed a mixed-method research design. A survey was administered to 164 college faculty members with at least three years of tenure, selected through stratified random sampling. Focus group discussions complemented the quantitative findings. Results showed that Catholic educators had highly favorable assessments of their remuneration in terms of fairness, effectiveness, and conformity. They were fully engaged in instruction, Christian faith formation, community engagement, and financial management, but demonstrated lower engagement in research activities. A significant relationship was found between educators' perceptions of remuneration and their engagement in instruction, financial management, extension, and Christian faith formation. These findings guided the development of a rationalized remuneration system to enhance organizational engagement. The study has practical implications for Catholic school leaders in improving faculty compensation strategies to enhance engagement and retention.