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Appraisal Letter Care

Kritika Chaurasia's performance for the year 2023-24 has been rated as 'Meets Expectations' with a revised annual compensation of Rs. 472,992 effective April 1, 2024. She is also eligible for a performance bonus of Rs. 36,603 based on individual and organizational performance. All other employment terms remain unchanged, and confidentiality regarding salary details is requested.

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Kritika Chaurasia
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10 views2 pages

Appraisal Letter Care

Kritika Chaurasia's performance for the year 2023-24 has been rated as 'Meets Expectations' with a revised annual compensation of Rs. 472,992 effective April 1, 2024. She is also eligible for a performance bonus of Rs. 36,603 based on individual and organizational performance. All other employment terms remain unchanged, and confidentiality regarding salary details is requested.

Uploaded by

Kritika Chaurasia
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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14th May 2024

Employee ID : 549577
Employee Name : Kritika Chaurasia
Company Name : Care Health Insurance Limited

Dear Kritika,

We thank you for your contribution in the year 2023­24. We are pleased to inform you that your
performance for the year 2023­24 has been assessed at rating 3 ­ Meets Expectations.

Basis your performance your compensation for the year 2024­25 has been revised to Rs.472992 per
annum with effect from April 1st, 2024. A detailed Annexure of your revised compensation is as
attached herewith.

Performance linked bonus is a factor of individual contribution, Organization and Business Unit
performance and basis this you are eligible for a performance bonus of Rs.36603

All other prevailing terms and conditions of your employment remain unchanged.

We look forward to your continued support & contribution.

Note: This communication is strictly confidential and you are expected not to share details of your
salary with anyone. We solicit your co­operation in maintaining confidentiality.

Warm Regards,

Rashi Ramani
Head ­ Human Resource

Annexure:

Cost to the company for the period Apr 2024 to March 2025

14th May 2024

Employee ID : 549577
Head ­ Human Resource

Annexure:

Cost to the company for the period Apr 2024 to March 2025

14th May 2024

Employee ID : 549577
Employee Name : Kritika Chaurasia
Company Name : Care Health Insurance Limited
TFC on Mar31,2024 : 429996

Component Name Per AnnumPer Month


Basic 189192 15766
Allowances & Reimbursements
HRA 94596 7883
Education Allowance 122472 10206
Monthly Gross * 35016
Benefits
Statutory Bonus 13932 1161
Gratuity 9096 758
PF (Co. Contribution) 22704 1892
GMC 21000 1750
Total Fixed Cost (TFC) 472992

*The following amount will be deducted from your monthly gross as your contribution towards
statutory benefits

PF ­ 1892

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