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  • Muchelapuri Hema

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    Hema Muchelapuri
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    This document provides details of an offer letter for Muchelapuri Hema including their designation as a Trainee, GCM Level of 1, expected date of joining as January 13th 2020 in Bangalore. It lists the components and amounts for Hema's basic salary, allowances, retirals, variable pay, ESIC contribution and total CTC per annum which amounts to Rs. 3,10,000. Additional benefits included are group medical insurance, accident insurance and term life insurance.

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    This document provides details of an offer letter for Muchelapuri Hema including their designation as a Trainee, GCM Level of 1, expected date of joining as January 13th 2020 in Bangalore. It lists the components and amounts for Hema's basic salary, allowances, retirals, variable pay, ESIC contribution and total CTC per annum which amounts to Rs. 3,10,000. Additional benefits included are group medical insurance, accident insurance and term life insurance.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    12 views1 page

    Muchelapuri Hema

    Uploaded by

    Hema Muchelapuri
    This document provides details of an offer letter for Muchelapuri Hema including their designation as a Trainee, GCM Level of 1, expected date of joining as January 13th 2020 in Bangalore. It lists the components and amounts for Hema's basic salary, allowances, retirals, variable pay, ESIC contribution and total CTC per annum which amounts to Rs. 3,10,000. Additional benefits included are group medical insurance, accident insurance and term life insurance.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    NAME : Muchelapuri Hema

    DESIGNATION : Trainee

    GCM Level : 1

    Grade T1

    Expected DOJ : January 13, 2020

    Joining Location : Bangalore

    Component Amount (Rs.)

    Basic 15,700
    BOA 3,623
    Monthly Gross 19,323
    A Annual Gross 2,31,880

    Provident Fund 22,608


    Gratuity 9,062
    B Retirals 31,670

    (A+B) 2,63,550

    Statutory Bonus 37,690


    C Variable Pay* 37,690

    D ESIC** 8,760
    Employer contribution

    CTC per annum (A+B+C+D) 3,10,000

    *Probable for the year on pro-rata basis


    **Employer Contribution to Employee’s State Insurance Corporation (ESIC)

    In addition to the above,


    - You will be eligible for Group Mediclaim, Group Personal Accident Insurance and
    Group Term Life Insurance as per the prevailing company policy
    - You will be eligible for shift allowance if you work in rotating shifts under the 24X7
    environment, as applicable

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