Compensation Structure –Fresher/Exp.

< 30 months
Assured Payout***: These aforesaid payouts will happen with
Components Per month Per annum
the monthly payroll of the anniversary dates or with the
Basic 31,202 3,74,424 subsequent month’s payroll depending on the date of joining
House Rent Allowance 15,601 1,87,212 cut off as applicable to payroll processes and subject to no
Leave Travel Assistance 6,500 78,005 disciplinary / compliance issues.
Supplementary Allowance 32,103 3,85,231
*Gratuity will be in accordance with the statutory requirement
Employer’s contribution to Provident Fund 3,744 44,928 and /or, as per Company policy. It is payable after completion
Total Fixed Pay 89,150 10,69,800 of 5 years of continuous service.
Gratuity* 2,599 31,188
**Performance linked variable pay: You will participate in the
Total Pay 91,749 11,00,988 Company's Variable pay plan. The pay out depends on the
Performance Linked Variable Pay** 1,00,000 Company's performance, your strategic business unit (SBU)
Total Pay with Variable 12,00,988 performance and your performance, and other parameters as
the Company may decide from time to time. Please note that
Assured Pay – Year 1*** 4,00,000
there is no minimum and/or guaranteed payout towards
Year 1 Cost to Company (CTC) 16,00,988 performance linked variable pay. The performance linked
Assured Pay – Year 2*** 4,00,000 variable pay awarded to you in any year will have no bearing to
Local Conveyance, Mobile Allowance, Health Insurance Benefit, As per Company Policy your previous year's performance linked variable pay. Please
Personal Accident Cover, Death Benefit note that the performance linked variable pay payable (if any)
to you is inclusive of statutory bonus payable (if any) under the
Payment of Bonus Act, 1965 and any amendments therein.