You are on page 1of 18

Floor 6, 7, 8

Tower C & D
A – 44/45, Sector – 62
Noida, Uttar Pradesh- 201309
Phone: +91 (120) 6185000
www.fiserv.com

8 May 2019

To Whomsoever It May Concern

This is to certify that Siddharth Kumar, bearing employee ID 10062809, was employed as Software Development
Engineering, Associate with our organization from April 20, 2016 to April 12, 2019. The employee was relieved
from the services of our company on above mentioned last working day. As per the company records there are no
dues against the employee.

We wish you success in all your future endeavors.

Yours Sincerely,

Fiserv India Private Ltd

This is a system generated document and does not require any physical signatures. Please email us at
ASKESCIndia@fiserv.com for any queries.

Fiserv India Private Ltd


Regus Elegance,
Level 2, Jasola District Centre,
Old Mathura Road, Delhi - 110025
CIN - 072900DL2002PTC115630
A-37,Sector-4
Noida(U.P) 201301,India
Tel : +91 (120) 2544932,4352924
DELIVERING GLOBAL WORKFLOW SOLUTIONS

Ref: Contata/HRD/October/20 October 22, 2020

Mr. Siddharth
Contata Solutions Pvt. Ltd.
Noida

Letter of Appraisal & Increment

Dear Siddharth,

Based on our discussion, your CTC has been increased to Rs.12,30,000/- p.a., effective
September 01, 2020. Breakup of your CTC is attached herewith for your reference.

Your revised remuneration would be effective from September 01, 2020.

All other terms and conditions remain unchanged as per your appointment letter /
employment agreement.

The increment information has been forwarded to the accounts department for
processing your salary.

Your next annual appraisal cycle will be in the month of September 2021 and the
process will end by the end of September 2021.

We look forward for a long and mutually beneficial association with you.

Sincerely yours,
for Contata Solutions Pvt. Ltd.,

Signing Authority

Cc to : Personnel File

Page 1 of 3
REGD.OFFICE: 101,First Floor,Block-A,Naurang House,21 K.G.Marg, New Delhi-110001 (INDIA)
A-37,Sector-4
Noida(U.P) 201301,India
Tel : +91 (120) 2544932,4352924
DELIVERING GLOBAL WORKFLOW SOLUTIONS

Mr. Siddharth
System Analyst
*Expected Annual Component
AMOUNT {PM} AMOUNT {PM}
SALARY PARTICULARS
[ in Rs.] [ in Rs.]
Basic Salary 40,921 4,91,052

House Rent Allowance (upto 50%) 20,460 2,45,520

Conveyance Allowance 6,138 73,656

Education Allowance (upto) 4,911 58,932

LTA (upto) 3,409 40,908

Provident Fund {Employer’s Contribution} 4,911 58,932

Medical Allowance (upto) 1,250 15,000

Special Allowance (upto) 14,350 1,72,200

Retention Bonus (Payable Monthly)# {Refer to T&C Pg.3} 6,150 73,800

Total CTC* 1,02,500 12,30,000

NOTE : *Any Tax liability arising from any terms mentioned above shall be met and discharged by the employee directly.
*PF & ESIC will be applicable as per law of Government of India.

Page 2 of 3
REGD.OFFICE: 101,First Floor,Block-A,Naurang House,21 K.G.Marg, New Delhi-110001 (INDIA)
A-37,Sector-4
Noida(U.P) 201301,India
Tel : +91 (120) 2544932,4352924
DELIVERING GLOBAL WORKFLOW SOLUTIONS

Contata/HR/October/20 October 22, 2020

Mr. Siddharth
Contata Solutions Pvt. Ltd.,
Noida

Dear Siddharth,

Please refer to your increment letter Ref. Contata/HR/October/20 dated October 22, 2020.

Please note that Retention Bonus amount as mentioned above in Annexure-I of Rs.73,800/-
(Seventy Three Thousand Eight Hundred Only) per annum, which will be paid to you on monthly
basis alongwith your salary. This amount will be paid as per the terms mentioned below:-

 In case if you leave the organization in the first six months from your ‘increment date’
(September 01, 2020) you shall return back the 100% amount paid under retention
bonus.

 In case if you leave the organization between 6 to 12 months from ‘increment date’
you shall return 50% of the amount paid to you from the 6th month onwards till the
date of your relieving.

 In case if you leave the organization after 12 months from your ‘increment date’, then
you are not bound to pay any amount back to the organization paid under the retention
bonus.

Annual Amount [in Rs.] Monthly Amount [in Rs.]


73,800/- 6,150/-

The information mentioned in your appraisal/ Increment letter is strictly confidential and
particular to you only. You are not supposed to discuss / disclose your details to anyone.
Failing which the management has right(s) to take appropriate action against you

--------------------
Signing Authority

PS : Retention bonus is paid to employees based on their retention for a defined duration as mentioned
in the increment / appointment letters.

Page 3 of 3
REGD.OFFICE: 101,First Floor,Block-A,Naurang House,21 K.G.Marg, New Delhi-110001 (INDIA)

You might also like