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Salary Component Amt per month (Rs) Amt per annum (Rs)

Total Monthly Salary (A)

Salary shall include Basic Salary, House Rent Allowance, 30,395 3,64,744
Conveyance & Special Allowance

Total Reimbursement (B)

Reimbursements shall include Food (Coupons), 2,640 31,683


Medical, Telephone & LTA

Total Retiral (C)


2,381 28,573
Retirement benefits shall include PF & Gratuity

Fixed Compensation (A+B+C) 35,417 425,000

Performance linked Variable Pay


1,38,750
as per Company policy up to

Potential Annual Remuneration


5,64,000
on Cost to Company Basis

Component b is redeemable monthly or yearly

If u redeem it monthly

Ur in hand after tax n employee pf contribution will be 31000

If u dnt redeem it mnthly n u want ir yearly thn ur monthly will be 30000 after tax n pf employee
conti

The third component is redeemed after 3 years

Fixed will be 30000 + the variable

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