Annexure A

Name: MR. SUMIT KUMAR

Designation: Team Lead
Band: U4
Total Cost to the Company – TCTC (Per Annum) 16,36,875
Total Compensation (per Annum) 16,22,700
(A) Components of Salary Per Month (Rs) Per Annum (Rs)
Basic 54,090 6,49,080
House Rent Allowance 27,045 3,24,540
Personal Pay 27,000 3,24,000
Statutory Bonus 17,997 2,15,969
Total (A) In Rs. 1,26,132 15,13,589
(B) Retirals and Benefits
Provident Fund (Employer’s Contribution) 6,491 77,890
Gratuity 31,221
Total (B) In Rs. 1,09,111
(C) Employee Contribution
Provident Fund (Employee’s Contribution) 6,491 77,890
Total (C) In Rs. 6,491 77,890
Take Home (A – C) 1,19,642 14,35,699
Insurance Premiums (toward GTLI, GPAI and GMI) 14,175
Additional Benefits: In addition to the above, you will also be eligible for the below-mentioned benefits -
i) Insurance
a) Group Term Life Insurance (GTLI) Coverage: You would be covered under the existing Group Term Life Insurance
scheme of the company applicable to the employees in your respective grades as per the company policy and the
same will be paid to the respective nominated beneficiary on the unfortunate death of the employee.
b) Group Personal Accident Insurance (GPAI): You would be enrolled under the Company’s GPAI scheme with a cover
of upto Rs. 25 lakhs payable in case of permanent disablement arising out of any unfortunate event of an accident.
c) Group Medical Insurance (GMI): You would be covered under the existing Group Medical Insurance scheme of the
company applicable to the employees in your respective grades as per the company policy.
ii) Gratuity: As per Payment of Gratuity Act.
iii) Company Transport and Transport Allowance:
- Company provided transport is available only in ODD hour shifts.
- In the event of you availing company provided transport in ODD hour shifts to commute to and from office, a token
amount of Rs. 3000/- p.m. will be deducted from your salary, for one side transport it will be Rs. 1500/- p.m.
Notes:
The Company reserves the rights to amend, modify, rescind/ reinitiate the above mentioned policies and schemes
partially or completely at any point of time.