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  • j6oBThfoLTgTrRseKNqjNeGRANiSLXCampus Compensation Toothsi

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    Samyak Jain
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    The document outlines the compensation structure and career path at a company. New graduates start as interns for 3 months earning a stipend of Rs. 25,000 per month. After completing an internship, they can become trainee individual contributors for 4 months on a performance-based pay. From there, employees can advance to permanent individual contributor or people management roles, with compensation based on performance and qualifications. The compensation plan for MBA interns includes a monthly salary package of Rs. 50,000 that amounts to Rs. 6 lakhs annually, plus bonuses that bring the total fixed salary to Rs. 7 lakhs and total cost to the company to Rs. 10 lakhs.

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    j6oBThfoLTgTrRseKNqjNeGRANiSLXCampus Compensation toothsi

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    The document outlines the compensation structure and career path at a company. New graduates start as interns for 3 months earning a stipend of Rs. 25,000 per month. After completing an internship, they can become trainee individual contributors for 4 months on a performance-based pay. From there, employees can advance to permanent individual contributor or people management roles, with compensation based on performance and qualifications. The compensation plan for MBA interns includes a monthly salary package of Rs. 50,000 that amounts to Rs. 6 lakhs annually, plus bonuses that bring the total fixed salary to Rs. 7 lakhs and total cost to the company to Rs. 10 lakhs.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    50 views4 pages

    j6oBThfoLTgTrRseKNqjNeGRANiSLXCampus Compensation Toothsi

    Uploaded by

    Samyak Jain
    The document outlines the compensation structure and career path at a company. New graduates start as interns for 3 months earning a stipend of Rs. 25,000 per month. After completing an internship, they can become trainee individual contributors for 4 months on a performance-based pay. From there, employees can advance to permanent individual contributor or people management roles, with compensation based on performance and qualifications. The compensation plan for MBA interns includes a monthly salary package of Rs. 50,000 that amounts to Rs. 6 lakhs annually, plus bonuses that bring the total fixed salary to Rs. 7 lakhs and total cost to the company to Rs. 10 lakhs.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 4

    Compensation Structure

    Career Path

    People
    Management
    Individual Role –
    Contributor Performance Based
    Trainee – Role –
    Performance Based
    4 months
    Intern –
    3 months /
    completion of course
    Intern Stipend (Duration 3 months)
    Qualification Compensation

    MBA Student Rs.25000/- Stipend per month for 3 Months – [Jan /


    Feb/March]
    Compensation for MBA Students
    For MBA Students
    Components Per Month Per Annum

    Basic 25,000.00 3,00,000.00


    HRA 12,500.00 1,50,000.00
    Special Allowance 10,700.00 1,28,400.00
    Gross Per Month 48,200.00 5,78,400.00
    Employer's Contribution to PF 1,800.00 21,600.00
    Montly CTC 50,000.00 6,00,000.00
    Annual Retention Bonus   1,00,000.00
    Total Fixed Salary   7,00,000.00
    Variable Pay 25,000.00 3,00,000.00
    Total Cost to Company   10,00,000.00

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