anneture 2.pdf
TRANSCRIPT
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Annexure II
Below is your detailed compensation structure. The Primary Job allowance Component and City Compensatory Allowance will change depending on
your job type and location of posting. The details of the same is mentioned in component guidelinesCOMPENSATION PLAN
NAME KUMAR KUMAR ABHISHEK
BAND E1
DESIGNATION Software Engineer
Fixed Compensation (INR)Monthly Component(s)Basic Salary 5200
House Rent Allowance 1692
Conveyance Allowance 800
Medical Allowance 2000
TOTAL FIXED COMPENSATION (ANNUAL) - (A) 116304
Flexible Benefit Allowance Basket (INR)Annual Component(s)Provident Fund 7488
Insurance & Medical Benefits# 5200
Gratuity 3000
TOTAL FLEXIBLE BENEFIT ALLOWANCE BASKET (ANNUAL) - (B) 15688Variable compensation (INR)Monthly Component(s)City Compensatory Allowance ^^ 6500
Primary Job Allowance ~~ 4167
Deployment Allowance ** 1354
Annual Component(s)Performance Bonus 48756
TOTAL VARIABLE COMPENSATION (ANNUAL) - (C) 193008TOTAL EARNING OPPORTUNITY (Annual):(A)+(B)+(C) 325000.
# INSURANCE COVERAGE (INR) Max Sub limits (p.a.)Hospitalization 156000
Term life Insurance 1800000
Disability due to accident (up to) 1800000
NOTE:1. All salary components are governed by the company policies and statutory guidelines.2. This salary sheet is strictly confidential and must not be discussed with anyone other than your HCLT Reporting Manager and/or your HR Manager.3. Any personal tax liability arising out of compensation will be borne solely by the employee.4. Gratuity to be payable as per Act.5. ^^ Your CCA amount will be subject to your working location - City / Zone classification as per the CCA table in Annexure V of this letter. The value mentionedin the table above is for locations in Zone A+.6. ** Payment will be governed by Deployment policy.7. ~~Subject to change based on allocated job. The Value of the highest job classification has been used in the table above. Please refer to Annexure V of this letter forfurther details.8. HCLT reserves sole discretion to decide candidates Role Cluster and Zone for candidates.
I have read and understood all the elucidated terms & conditions of the letter completely. All the above clauses terms and conditions are agreed and accepted with
the expressed intent to be legally bound.
Name: KUMAR KUMAR ABHISHEK
Date: HCLT Confidential