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Employee Full Name : Renu

Employee Code : 733303


Employee UPI ID : 12123950
Employee Designation : Territory Business Manager

Dear Renu,

We have reviewed your performance for the year 2018 and are pleased to inform you that you have been rated “Achieves Expectations”.

Your compensation has been revised w.e.f. 1st April 2019. The details of the revised compensation is given below and as per the Flexible
Compensation Structure applicable to you.

Sr.No Particulars Current P.A. (Rs.) Differential P.A. (Rs.) Revised P.A. (Rs.)
(a) Basic___ 105996 8214 114210
(b) Allowances
House Rent Allowance 31800 2464 34264
Conveyance Allowance 19200 -19200 0
Education Allowance 2400 0 2400
Medical Allowance 15000 -15000 0
Other Allowance 61084 43074 104158
Bonus___ 16800 0 16800
Base Salary (a+b) 252280 19552 271832
(c) Retirals
Company’s Contribution-PF/EPS 12720 985 13705
Total CTC (a+b+c) 265000 20537 285537

Effective 1st April 2019, Medical Allowance and Conveyance Allowance merged with Other Allowance
Perquisites:
- At the time of exit, Gratuity shall be payable to you as per Payment of Gratuity Act/ Company Scheme as applicable
- Hospitalization insurance provided for self, spouse & maximum two children up to the age of 21 years (Family Floater Cover)
- Life Insurance for self is provided by the company. Sum Assured is equivalent to one annual base salary
- Accident Insurance for self is provided by the company as per Company Policy
- Sales Incentive scheme as per company policy
- Bonus conforms to/is in lieu of statutory bonus under Payment of Bonus Act.
- Eligible Employees (refer the communication shared on Flexible Benefits), will receive tenure based India Abbott Points as per the Flexible
Benefits Policy: 9100 points for those with greater than 5 years tenure with Abbott, 8450 points for tenure between 4-5 years, 7800 points
for tenure between 3-4 years, 7150 points for tenure between 2-3 years and 6500 points for tenure between 1-2 years.
- The company has the discretion to change the compensation structure from time to time in relation to any current or future regulatory
changes

Your continued employment with the company shall convey your acknowledgement and acceptance of the above.

Authorized Signatory

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