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Swati Pandey has been selected as a Process Associate at Genpact India Pvt. Ltd. with an annual CTC of INR 400,000 and a joining date of August 15, 2024. The letter outlines various terms including relocation policies, required documents for onboarding, and compensation details, emphasizing the importance of timely submission of documents to avoid delays. Additionally, it mentions the company's right to conduct background checks and the conditions under which the offer may be revoked.

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0% found this document useful (0 votes)
20 views7 pages

Attachment

Swati Pandey has been selected as a Process Associate at Genpact India Pvt. Ltd. with an annual CTC of INR 400,000 and a joining date of August 15, 2024. The letter outlines various terms including relocation policies, required documents for onboarding, and compensation details, emphasizing the importance of timely submission of documents to avoid delays. Additionally, it mentions the company's right to conduct background checks and the conditions under which the offer may be revoked.

Uploaded by

Arooba
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 7

Date: July 23, 2024 HIG009675−5203196

Dear:Swati Pandey

Sub: Letter of Intent


Congratulations!You have been selected by Genpact India Pvt.Ltd.("theCompany") as Process Associate.
You will be issued a letter of appointment up on meeting the prerequisites as mentioned below.Meanwhile,the
Companyis pleased to issue the following letter of intent.
Salient terms and conditions of your appointment with the Company are as follows.
1. Your annual Cost to Company (CTC) will be INR 400,000. Variable component is additional and is paid in
addition to your CTC.
2. Applicability of Location specific allowances may vary according to location and/or the Company
policy.Company may provide facilities in lieu of these allowances.
3. Your initial place of work will be India>Noida>NoidaPhoenixIN−Office.However;theCompanymay transfer you to
any location/process on a need basis.
4. Postconsultation with you, thefollowing has been agreed upon:

 Date ofJoining:August,15,2024
 ReportingTime:9:00:00AM
 Location: India>Noida>NoidaPhoenixIN−Office
Locations On−boarding Genpact Office Address
reporting time**
NCR 10:30 Stellar 135 Building, Plot No 5 and 6, Sec−135, Noida, 201301, U.P. ,7th Floor,
On−boarding Room , Noida
HYD 10:00 Genpact,SecurityInGateno3,14−45,IDA,oppNGRI,Habsiguda,Uppal,Hyd−500009
JPR 9:30 Genpact India, JLN Marg, Malviya Nagar, Jaipur(NHO Room)
BLR 9:00 Genpact,# 99, Surya Park, ElectronicCity, Bangalore560100
KOL 10:00 Genpact India Unitech Hi Tech Structures Ltd. −IT/ITeS SEZ Building C1, 1st Floor
Infospace Complex, DH 1, 2, 3 & 3/1, New Town Kolkata
**In order to experience a smooth Onboarding, please reach the venue on time

5. If at the time of joining, your assigned place of work is different from your current location ("Relocation"), the
Company Guest House can be availed by you. The Guest house can be availed for a maximum period of 15
calendar days. The Company shall, in lieu of the accommodation provided, make a monthly deduction of Rs.250 for
a period of 24 months. Further, in case of termination of employment by either party, before such amount has
been fully recovered by the Company, the Company shall deduct the balance amount from your full and final
settlement."
GenpactIndiaPrivateLimited
CIN:
U73100DL2005PTC307363
Regd.Off.:12A (Ground Floor)Prakash Deep Building 7,
TolstoyMarg,NewDelhi−110001
6. You shall be requiredto provide theCompany all documentsand information asset forth inAnnexure I ofthis letter of
Intent.
7. The Company operates 7 days a week, 24 hours a day. You will be expected to attend office − as assigned to
you by your supervisor in compliance with laws in force. As a Fulltime employee, you will be eligible for 2 weekly
offs
(Any 2 days of the week, depending upon business needs).You may however be required to attend office on your
off days if the business needs so demand. In such cases, you will be eligible for compensatory off according to the
Company policy.
8. You will be entitled to leaves subject to prior approval of your supervisor/manager at the Company. Your leave
entitlement and accumulation / carry−forward of leave and related aspects will be governed as per the existing
Company Policy on the subject.
9. Please note you have agreed that you shall provide Genpact the Relieving Letter (if applicable) from our
previous employerwithin 60 days from time of joining the company, failing which your employment with Genpact
shall be terminated. Such termination will be without prejudice to the Company's right to proceed against you
through legal means to recover any other amounts duefrom you to the Company.
10.The Company shall, at its discretion, conduct background, reference and medical checks including screens for
substance use as per the Company policy and this offer is conditional upon the result of such checks.In the event
the results of such background
/ reference checks or screens for substance use are unsatisfactory on any account, the Company may, in its sole
discretion,revoke this offer at any time irrespective of the fact that you may have formally commenced your
training/employment with the Company.
11.Theappointmentletterissuedtoyou,will,interalia,containthefollowingterms

 A six month probation period during which either party may terminate the Agreement by giving 30 day
notice or salary in
lieuthereof.Yourservicesattheendofprobationperiodshallbetreatedasconfirmedunlessspecificallyextendedb
ythe Company in writing.
 Absence for a continuous period of eight days without prior approval of your supervisors, (including
overstay of leave / training), would be treated as abandonment of service and can lead to your services
being terminated without notice. In
suchaneventualitytheCompanyreservestherighttorecoverfromyou,allexpensesincurredwithregardtoanytrai
ning and development, special education, upskilling or on the job training imparted by the Company or
damages suffered by Company due to loss of billing.
12. This letter of intent is valid for October 26, 2022 from the date of issue unless otherwise specified. In case any
terms or conditions are not met, this letter of intent will be considered automatically withdrawn without any
obligation on part of theCompany.
13. To be filled by the hiring team :Is availability of Valid passport is a precondition for employment Yes () No
()Kindly sign and Initial each page of this letter and return a copy in acceptance. We welcome you and wish you every
success in your career with Genpact.

For Genpact India Pvt. Ltd.


Accepted and Agreed

SWATI PANDEY
Ritu Bhatia
VicePresident

In case of any questions / clarifications regarding your appointment letter/joining/other queries, please contact
Rashmi K between 11 am to 7 pm (Monday to Friday)

GenpactIndiaPrivateLimited
CIN:
U73100DL2005PTC307363
Regd.Off.:12A (Ground Floor)Prakash Deep Building 7,
TolstoyMarg,NewDelhi−110001
Annexure I

Listed below arethe mandatorydocuments (in photocopy)you arerequired to furnishat thetime ofjoining.

1. ProfessionalRelievingletterfrompreviousemployer(lastemployment)only.
2. Ifalready amember ofa provident fund(PF) schemewith previous employer,then;
a. Employer'sname
b. ProvidentFund account number from your previous employer
c. Universalaccountnumberprovidedbyyourpreviousemployer
d. EmployeePensionnumberprovidedbyyourprevious employer
OR
e. Dateofjoining &leaving fromprevious employer
f. CopyofPassportincaseofInternationalWorkers(itshouldcontainNationality,Passportnumber,Countryofis
sue, Date of issue, Valid up to)
3. Belowmentioned KYC (Know YourCustomer) Documents
a. CopyofPAN
b. CopyofAadhaarCard.
c. SignedCancelledChequewithyournameprintedonit(IncaseyournameisnotprintedontheChequ
e, please attach last 3 months bank statement along with the Cheque)
4. IfyoursalaryislessthanorequaltotheapplicablelimitmentionedintheESIAct,1948[1]youwillneedtoenrollfo
r ESIC ( Employee State Insurance Corporation) which is a Govt. regulation therefore please carry;
a. 3Postcardsize(4X7)photographsofyourself
Or
b. If you would like your family covered Family group Photograph of immediate family (4X7, 3
Copies of the same
photograph),onlymembersinthephotowillbecovered,Photosshouldbeclearandhaveonlyyourimmedi
ate family who are your dependents.
*Pleasecheck thecompany policy forthe applicable limit
5. 4recentPassportsizePhotograph
a. OneforGenpactIDcard
b. OneforopeninganewaccountifyoudonothaveanonewithICICI/HDFC/Axis
c. Two forPANcardapplicationifyoudonothaveone

GenpactIndiaPrivateLimited
CIN:
U73100DL2005PTC307363
Regd.Off.:12A (Ground Floor)Prakash Deep Building 7,
TolstoyMarg,NewDelhi−110001
ANNEXURE − II
COMPENSATIONDETAILS
NAME SWATI PANDEY
BAND 5A
DESIGNATION Process Associate
LOCATION India>Noida>NoidaPhoenixIN−Office
COMPONENTS AMOUNT (PER ANNUM)
BASICPAY 264,000.00
EMPLOYERCONTRIBUTIONTOPF 31,680.00
HOUSINGRENTALLOWANCE 104,320.00
FIXED PAY 400,000.00
ANNUAL PERFORMANCE BONUS*(APB) 7200
PERFORMANCE/PRODUCTION LINKED INCENTIVE(VIC)** AMOUNT (PER ANNUM)
BestPerformer 48,000.00
AveragePerformer 18,000.00
LowPerformer 0.00
Total Earning Potential Amount (Per Annum)
BestPerformer 455,200.00
AveragePerformer 425,200.00
LowPerformer 407,200.00
Benefits Amount (Per Annum)
LifeInsurance 14,00,000.00
EmployeeDepositLinkedInsuranceScheme(EDLIS) AsperAct
PersonalAccident/DisabilityInsurance(ForEmployee) 14,00,000.00
MedicalInsurance (For Employee) 100,000.00
InterestFreeSoftLoan(Post6Months) 10,000.00
OutPatientMedicalFacilitiesatOffice Free

For Genpact India Pvt. Ltd.


Accepted and Agreed

SWATI PANDEY
Ritu Bhatia
VicePresident
GenpactIndiaPrivateLimited CIN:
U73100DL2005PTC307363
Regd.Off.:12A (Ground Floor)Prakash Deep Building
7,
TolstoyMarg,NewDelhi−110001
CompanyContributionESIC AsperAct
Gratuity 12,692.00
Other Attractions
Parichay(EmployeeReferralScheme) AsPerScheme
Rewards&Recognition AsPerPerformance
Education@Work:ProfessionalAdvancementPrograms AsPerScheme
ConciergeServices SubsidizedRates
Notes:
*TheAPB amount mentionedabove reflects indicativeaverage payouts foryour band. Theeligibility for APBwill depend onthe
performance of Genpact and your performance as per the company policy and the Performance Management
System (For example, employees who are rated as "Least Effective" are not eligible for APB).An eligible employee
will be paid APB at fixed rates in March/ April for the preceding calendar year (January −December) and the same
will be prorated based on the date of joining.
**PerformanceLinkedIncentivementionedaboveisanindicativeaverageamountpossibleforthesaidperformancelevel.Eli
gibility for such incentives, actual amount and payout timelines may vary with business/Process. For Employees
who are not on Performance Linked Incentive Plan (VIC), the Company will pay a different Annual Performance
Bonus (APB) In such cases;Annual Performance Bonus potential is similar to the indicative Average Performance
Linked Incentives as mentioned in table above.

 The aggregate of all bonus payouts paid to you during an accounting year including APB, VIC (if any) and
other bonus payouts (if any)shall be in lieu of profit based bonus (if any) payable to you for such
accounting year under Section 31A of
thePaymentofBonusAct,1961("PBA")(ifapplicable).
 In the event that the PBA is applicable to you and the aggregate of APB, VIC (if any) and any other bonus
payout made to you during the year is less than the stipulated payout mentioned in the PBA, for such
accountingyear, Genpact will pay you the difference at a later date. You are not entitled to any bonus
payout other than those mentioned above, either under applicable laws or as per your employment terms
with Genpact. All amounts payable to you will be after deduction of applicable taxes.
 GenpactprovidesthematernitybenefitsaspertheMaternityBenefitsAct,1961,toallitseligiblefemaleemployees.
Basis the applicability of the Act and eligibility, you shall receive paid maternity leave, entitlements and
other benefits available under the Acts and the Rules, therein, as more specifically mentioned in the
Policies of the Company.
 Genpact reviews its compensation structure and policies from time to time. The compensation structure
and benefits offered to you in this letter are subject to change and the same will be communicated to you
at the joining date or at a later date when such change becomes applicable.
 Anyemployeedeductionwillbegovernedbyapplicablelawsandprevalentcompanypolicy,andwillbesubjecttochange.
Dear SWATI PANDEY,

Welcometo Genpact!

This letterisinfurtheranceto yourOfferLetter/LOI /Appointment Letter dated July 23, 2024


In order to make your on−boarding to Genpact seamless and compliant with the various laws related to Provident
Fund (PF) and Employees'StateInsurance(ESIC),it is mandatory for you to submit the below mentioned documents and
details before/on your joining date:

 CopyofrecentlydownloadedE−AadhaarCard
 Copy of confirmationscreenshot ofKYC verificationon Aadhaarfrom themember portal*
 Copyofself−attestedcancelledcheque(**ifyouareeligibleforESICenrolmentaspergovernmentnorms)
 CopyofE−AadhaarcardfordependentsandnomineesforESIC
 InsuredPersonnumber(**IPnumber)ofanyexistingESICaccountwhereyouareenrolled,incaseyouwereeligiblef
or ESIC benefit in your previous organization.
 ActiveMobilenumber

* SOPs to facilitate e−KYC confirmation from the member portal have been attached with this communication.

**TheESIsectionareapplicableonlyfortheemployeeswhoseCTCisnotexceedingbeyond2.6lakhswhichdoesnotinclude overtime,
bonus, leave encashment are liable to avail this scheme.
if your CTC is more than 2.6 lakhs. you may ignore the same.

Theabovedocuments/
detailsarerequiredandshallbeobtained,storedandprocessedbyGenpactstrictlyonaneedtoknowbasis as required for
statutory requirements pertaining to compensation and benefits. Your records and information will be kept
secureand handled strictly in accordance with the Genpact Data Privacy Policy.

WewouldencourageyoutorefertotheStandardOperatingProcedure(SOP)attachedherewith,forhelpandguidancein
procuring the above documents/details. Click Here

Wishingyouall thebest!

Note:Failuretofurnishtheabove−mentioneddocumentsanddetailsatthetimeofjoiningmightleadtodelayinyour joining date

Please sign and return a copy of this letter to confirm your understanding and agreement to the requirements of your
onboarding as stated above, which are in addition to those as may be provided in your Offer Letter / LOI / Appointment
Letter and other communications from time to time.
Regards, Accepted and Agreed
GenpactHiring
Team

SWATI PANDEY
GenpactIndiaPrivateLimited
CIN:
U73100DL2005PTC307363
Regd.Off.:12A (Ground Floor)Prakash Deep Building 7,
TolstoyMarg,NewDelhi−110001

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