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COMPENSATION PLAN - FY 14 - Pay Group III

The gross annual fixed compensation below is based on your employment for a twelve (12)
month period and will be prorated depending on the effective start date of your employment.
Cells in yellow to be populated by the recruiter/ candidate

Name
Emp Code
Level Level 11
Total Fixed Pay 363,455
Statutory Bonus 8,400

Total Fixed Pay Less Bonus


(structured into allowances
below) 355,055
124,269 10,356
Yearly Monthly
Basic Salary 124,270 10,355 139,182
Conveyance Allowance 9,600 800 148,782
House Rent Allowance 62,135 5,178 210,917
Provident Fund 14,912 1,243 40,000
Special Allowances 104,138 8,678 .
Meal Allowance
Breakup of - 0
Reimbursements :-
Medical 15,000 1,250 Medical 0
LTA 25,000 2,083 LTA 0

Additional Special
Allowances 40,000 3,333 .
Total 355,055 29,587
Statutory Bonus 8,400 700
Total Fixed Pay 363,455 30,287

Explanation
Cells in yellow need to be populated

Amounts should be entered by the employee


Reimbursements mentioned above are as per eligibility, employee has an option to
choose the amounts and balance will be reallocated to additional special allowances
Paid as Salary
Provident Fundonmentioned
monthly basis
above refers to Company's Contribution to Provident
Fund
Reimbursements will be paid out based on amounts booked on the website and are
subject to submission of bills

Meal Allowance will be provided in the form of Sodexo food coupons. Employee
should opt for the meal allowance and collect the food coupons in the beginning of
each month
No calculations above take into account the effect of income tax.

Conveyance allowance will be taxable for employees who avail of company


transport.
Reimbursements not availed off can be cashed under the head "Additional Special
Allowance".
Any difference between (Monthly Total X 12) and Yearly Total will be adjusted in
the salary paid in the last month of the Financial Year

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