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Monthly Salary RS (p.m) Rs. (p.

a)
Consolidate Pay 21698 260376
HRA 10849 130188
Special Allowance 5529 66348
Convinence Allowane 800 9600
Sub Total A 38876 466512
Annual Allowance
L.T.A 2170 26040
Medical Reimbursement (against bills) 1250 15000
Ticke Restaurant Coupens 1100 13200
Sub Total B 4520 54240
RETIRAL BENEFITS
P.F 12% of basic pay 2604 31245
Sub Total C 2604 31245
GROSS REMUNERATION 46000 551997
Benefits
Mediclaim coverage- Rs. 3,00,000/-
Personal accident coverage-Upto 24 months on basic salary
COST TO COMPANY 551997
Increment @ 15% as confirmed by ALTSource 82800
Cost to Company With Increment 634797
STEFFI
BCOM (2009) PGDM (2011)
CURRENT COMPANY- ALTISOURCE (SR SPECIALIST)
Existing Salary
Gratuity 8.33% of basic pay (eligible
after completion of 5 years of
completion)
Monthly Salary RS (p.m) Rs. (p.a)
Consolidates Pay 23746 284947
Variable HRA @ 50% of Consolidated Pay 11873 142474
Special Allowance @ 75% of Condolidated Pay 17809 213710
Education Allowance 1500 18000
Conveyeance Allowance 5500 66000
Compensatory Allowance 7000 84000
SUB TOTAL A 67428 809131
Annual Allowance
L.T.A (on confermation & after completion of 1 year of service 1750 21000
Medical Reimbursement (against bills) 1458 17496
Lunch Reimbursement (Ticket Restaurant) 2000 24000
Landline phone Reimbursement (against bills) 500 6000
SUB TOTAL B 5708 68496
RETIRAL BENEFITS
P.F 12% of basic pay 2849 34194
Superannuation @ 13% of basic pay (contributed to the fund & eligible
after completion of 3 years of service 3087 37043
Gratuity 8.33% of basic pay (eligible after completion of 5 years of 1978 23736
SUB TOTAL C 7914 94973
GROSS REMUNERATION 81050 972600
Benefits
Performance Related Pay as per company policy ( Median for PRP
Financial year RS 4,00,000/-
Mediclaim & personal Accident Insurance 23000
Geoup Term Life Policy - Rs. 20.45 lacs (Approx Premium p.a) 4400
Loans as per Company Rules Not Valued
COST TO COMPANY 1000000
STEFFI
BCOM (2009) PGDM (2011)
SENIOR OFFICER
PROPOSED SALARY TO STEFFI
Change
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73
26
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STEFFI
BCOM (2009) PGDM (2011)
SENIOR OFFICER
PROPOSED SALARY TO STEFFI