Date: 20/Mar/2018

Promotion Letter for 2018 – 2019 FY

Name: Bathini Savyasachimukarji

Job Title: Software Associate
Employee Code: AITS1384
Sub: Promotion - Change of Designation and Hike in Salary
Dear Savyasachimukarji,
In recognition of your performance at Agon IT Solutions Pvt. Ltd., the Management is glad
to designate you as Software Engineer and raise your current CTC by Rs. 87,000/- i.e., from
Rs. 393,000/- to Rs. 480,000/- with effect from 01/Apr/2018.
STRUCTURE OF REVISED SALARY:
Mr. Bathini Savyasachimukarji’s Salary Particulars Monthly (Rs.) Annually (Rs.)
Basic Pay 20,000.00 240,000.00
House Rent Allowance 8,000.00 96,000.00
Transport Allowance 1,600.00 19,200.00
Special Allowance 9,150.00 109,800.00
Medical Allowance 1,250.00 15,000.00
Fixed Component 40,000.00 480,000.00
Incentive (Annual)* 0.00
Total Cost to Company 480,000.00

We hope better performance from you in coming years. Wish you best of luck.

Thanks & Regards,

Meghana Vasamsetti | HRM
meghana.v@agonitsolutions.com

AGON IT SOLUTIONS PRIVATE LIMITED

info@agonitsolutions.com
#71, Tier 4, Opp. Lane of Hitex Charminar,
Madhapur, Hitech City, 040 - 4604 7550
Hyderabad – 500081.
www.agonitsolutions.com