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EMC DATA STORAGE SYSTEMS (INDIA) PRIVATE LIMITED

EMPLOYEE PAYROLL HANDBOOK

E. SALARY CUT-OFF DATE

EMC India payroll is processed in SAP by a Company called ADP and India Payroll team is contact point for
ADP and Employees.

The payroll cut-off date is 12th of every month for new joining:

 Employees joining before 12th of the month are paid salary in the same month on or before Last Working
Day of the month.
 Employees joining between 13th and 24th of the month will be paid a salary advance of around 65% of
salary – details of the process are available under “F” section below.

F. SALARY ADVANCE

There is a cut-off date of 12th of month for salary processing. Employees joining after 13th of the month will
be paid with salary advance of approximately 60% of fixed pay (Basic + FBP) for the period DoJ to end of the
month.

Arrears are processed in the next month payroll and salary advance is recovered from the salary.

G. SALARY PRO-RATION FOR EMPLOYEES JOINING AFTER 1ST APRIL, 2012

Salary will be processed for the financial year from April 2012 to March 2013 for tax calculation. For,
employees joining in the middle of the year, the salary will be processed on a pro-rata basis. For example,

Worked full year(Joined on Joining on 1st


Particulars
or before 1st April 2012 June 2012
Annual Compensation 240,000 240,000
No. of months Emp worked 12 10
Payable during the year 240,000 200,000

Tax computation is also made accordingly. But it is employee’s responsibility to report complete year’s
income to Income Tax department & pay differential tax while filing tax return, if employee was working
before joining EMC in current financial year in India.

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