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  • Appraisal Letter - Vikas Saini 2020-21

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    dipendrasrajput31
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    This performance review letter revises Vikas Saini's annual compensation to Rs. 9,00,000 and promotes him from PHP Developer to Senior Frontend Developer effective July 1, 2021. Vikas is asked to sign and return the duplicate letter or send an acceptance email to acknowledge the changes. An annexure provides details of Vikas's revised compensation structure including a monthly gross salary of Rs. 73,050 and net in-hand amount of Rs. 71,250 per month, equivalent to an annual cost to company of Rs. 9,00,000.

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    Appraisal Letter -Vikas Saini 2020-21 (2)

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    This performance review letter revises Vikas Saini's annual compensation to Rs. 9,00,000 and promotes him from PHP Developer to Senior Frontend Developer effective July 1, 2021. Vikas is asked to sign and return the duplicate letter or send an acceptance email to acknowledge the changes. An annexure provides details of Vikas's revised compensation structure including a monthly gross salary of Rs. 73,050 and net in-hand amount of Rs. 71,250 per month, equivalent to an annual cost to company of Rs. 9,00,000.

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    © All Rights Reserved
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    6 views2 pages

    Appraisal Letter - Vikas Saini 2020-21

    Uploaded by

    dipendrasrajput31
    This performance review letter revises Vikas Saini's annual compensation to Rs. 9,00,000 and promotes him from PHP Developer to Senior Frontend Developer effective July 1, 2021. Vikas is asked to sign and return the duplicate letter or send an acceptance email to acknowledge the changes. An annexure provides details of Vikas's revised compensation structure including a monthly gross salary of Rs. 73,050 and net in-hand amount of Rs. 71,250 per month, equivalent to an annual cost to company of Rs. 9,00,000.

    Copyright:

    © All Rights Reserved
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    of 2

    PERFORMANCE REVIEW & APPRAISAL LETTER,2020-21

    Mr. Vikas Saini 5th July,2021


    PRZ0087
    PHP Developer
    Noida

    Dear Vikas,

    In recognition of your performance and contribution to the organization, your annual CTC has been revised to Rs.
    9,00,000/ .We are also glad to inform you that your designation has been promoted from “PHP Developer” to
    “Senior Front End Developer” w.e.f 01 July, 2021.

    As a next step, kindly sign and return the duplicate of this letter as a token of your acceptance. Alternatively, you
    can revert with an acceptance email also. We wish you the very best for the next year. Keep up your good
    performance!

    Your detailed compensation structure is given below in Annexure A.

    Cheers!

    Prity Dubey
    Human Resource
    Prozo Distribution Pvt. Ltd.
    Annexure A

    Name Vikas Saini


    Designation Sr.Frontend Engineer
    Location Noida

    Compensation Structure

    Components Monthly (Rs.) Annually (Rs.)


    Basic 39,342 472,104
    HRA 19,671 236,052
    Conveyance Allowance 1,600 19,200
    Telephone Reimbursement 1,200 14,400
    Medical Allowances 1,200 14,400
    Special Allowances 10,037 120,444
    Gross Salary 73,050 876,600
    PF - Employee Share 1,800 21,600
    PF & Admin - Employer Share 1,950 23,400
    ESIC Employee Share - -
    ESIC Employer Share - -
    Net In Hand 71,250 855,000

    Cost To Company "CTC" 75,000 900,000

    Prity Dubey Signature of the employee


    Human Resource

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