anneture 2.pdf

2
 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 guidelines COMPENSATION 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) 15688 Variable 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) 193008 TOTAL 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 mentioned in 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 for further details. 8. HCLT reserves sole discretion to decide candidate’s “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

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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