Monthly
Payroll
Basic Salary
House Rent Allowance
Conveyance Allowance
Personal Pay
Annual
18,375
9,188
800
16,516
220,500
110,250
9,600
198,190
Reimbursements (optional)
Medical reimbursement
Leave Travel Assistance
1,250
4,167
15,000
50,000
Retirals
Co. contribution to PF
2,205
26,460
52,500
630,000
1,838
768
3,333
5,939
22,050
9,217
40,000
Gross salary
Benefits
Super annuation
Gratuity
Educational Reimbursement
Coffee day coupons
Cell phone
Cost of benefits
Performance Bonus
Cost to company
Options
RSU
Other benefits
Employee stock purchase plan
Health insurance
PA insurance
Referral bonus
Health club facility
Transport service
Leave
Holidays
Personal loan
71,267
270000
80,939
35% of gross
salary
50% of basic
salary
balancing
amount
fixed
amount
Optional or can be included
in the monthly payroll
under personal pay
12% of basic
salary
for pursuing further studies or
vocational courses. This
amount is reimbursed to
employees on successful
completion of the course
opted for.
Any employee who leaves the organisation
after completion of 5 years, gets 15 days of
his last drawn salary multiplied by number of
years of service put in for the organisation as
Gratuity, as per the laws prevailing at the
time.
10% of the basic salary, accrued annually, to the employees account.
The amount that the employee gets is as under:
Less than 1 year of employment
: NIL
More than 1 year but less than 2 years : 50% of the contribution + interest
earned
More than 2 years but less than 3 years : 75% of the contribution + interest
earned
More than 3 years
: 100% of the contribution + interest
earned
971,267
based on company
performance and
individual performance
360
120
Up to 15% of compensation can be set aside for purchasing co stock at a discounted value
350,000 INR per annum for self, 200,000 INR each for spouse, 2 children and dependent parents
10,00,000 INR or 1.5 times gross salary whichever is higher for death due to accident
50,000 INR for every sucessful referral, payable after 3 months of the candidate joining
Sick leave - no cap, Earned Leave - 15 days in a year, Casual leave - 6 days
12 days in a year
Interest free loan of 50,000 INR available, deducted in 12 monthly installments from salary (only upon relocation)
A6:
35% of gross salary
A7:
50% of basic salary
A8:
fixed amount
A9:
balancing amount
A12:
Optional or can be included in the monthly payroll under personal pay
A13:
Optional or can be included in the monthly payroll under personal pay
A16:
12% of basic salary
A23:
10% of the basic salary, accrued annually, to the employees account.
The amount that the employee gets is as under:
Less than 1 year of employment
: NIL
More than 1 year but less than 2 years : 50% of the contribution + interest earned
More than 2 years but less than 3 years : 75% of the contribution + interest earned
More than 3 years
: 100% of the contribution + interest earned
A24:
Any employee who leaves the organisation after completion of 5 years, gets 15 days of his last drawn salary multiplied by number of years of service put in for the organisation as Gratuity, as per the laws
prevailing at the time.
A25:
for pursuing further studies or vocational courses. This amount is reimbursed to employees on successful completion of the course opted for.
A29:
based on company performance and individual performance
