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    Zs Associate

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    Subhash
    ZS Associates offers a compensation package for new employees that includes: - A gross salary of Rs. 650,000 per year plus a joining bonus of Rs. 100,000 and relocation assistance of Rs. 60,000. - Estimated total cash in the first year is Rs. 893,000 including benefits like broadband allowance and a performance-linked bonus of up to 10%. - Non-cash benefits include medical insurance for employees and dependents, accidental and life insurance policies, meals in office, and annual health checkups.

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    Zs Associate

    Uploaded by

    Subhash
    939 views1 page
    ZS Associates offers a compensation package for new employees that includes: - A gross salary of Rs. 650,000 per year plus a joining bonus of Rs. 100,000 and relocation assistance of Rs. 60,000. - Estimated total cash in the first year is Rs. 893,000 including benefits like broadband allowance and a performance-linked bonus of up to 10%. - Non-cash benefits include medical insurance for employees and dependents, accidental and life insurance policies, meals in office, and annual health checkups.

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    Zs

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    Zs associate

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    ZS Associates offers a compensation package for new employees that includes: - A gross salary of Rs. 650,000 per year plus a joining bonus of Rs. 100,000 and relocation assistance of Rs. 60,000. - Estimated total cash in the first year is Rs. 893,000 including benefits like broadband allowance and a performance-linked bonus of up to 10%. - Non-cash benefits include medical insurance for employees and dependents, accidental and life insurance policies, meals in office, and annual health checkups.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    939 views1 page

    Zs Associate

    Uploaded by

    Subhash
    ZS Associates offers a compensation package for new employees that includes: - A gross salary of Rs. 650,000 per year plus a joining bonus of Rs. 100,000 and relocation assistance of Rs. 60,000. - Estimated total cash in the first year is Rs. 893,000 including benefits like broadband allowance and a performance-linked bonus of up to 10%. - Non-cash benefits include medical insurance for employees and dependents, accidental and life insurance policies, meals in office, and annual health checkups.

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    © All Rights Reserved
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    of 1

    ZS Associates – Compensation Annexure

    Confidential - For College Training and Placement team use only

    650,000 ZS Gross
    100,000 Joining Bonus

    Cash component 60,000 Relocation


    18,000 Broadband
    Up-to 10% of performance
    65,000
    bonus
    Estimated Total Cash in year 1 893,000
    Interest free advance
    towards home deposit
    75,000 against lease agreement,
    recovered over a period of
    06 months through payroll
    Group Medical Insurance.
    Employee can nominate up
    300,000
    to 3 dependent family
    members
    Accidental Policy – sum
    1,000,000
    assured
    Non-Cash Benefits (Amounts are indicative of Life Insurance Cover - 3
    what you are entitled for or ZS would undertake 1,950,000 times of your annual gross
    as cost). salary
    26,400 Meals - Served in office on
    (100*22*12) all working days
    Executive health Check Ups
    - Annual Executive Health
    Check-up facility through a
    5,500
    leading hospital chain for all
    employees and their
    spouses
    Leaves - 25 days of vacation per calendar year
    and up to 7 days of sick leave on Pro-rata
    basis
    As you get to the subsequent years in ZS, apart from the ZS gross; broadband allowance; performance
    bonus and non-cash benefits, you will be entitled for a confirmed bonus under the Emerging Leader’s
    Rewards Program (ELRP). ZS values the long-term contribution of our people towards the organization
    and the expertise they build along. In recognition of this, ZS offers an additional reward to our
    ‘Emerging Leaders’ for staying on and building their careers with us. This reward, if paid in its entirety
    is INR 450,000 and will be paid out in equal instalments across the 18th, 30 th & 42nd months. Please
    note that your ZS gross will also be appraised and the same will have a resultant effect on your
    performance bonus as you get to year two and subsequently in the following years.
    Confirmed cash in subsequent years over and ELRP - paid out in equal
    above ZS gross, annual broadband allowance 450,000 instalments across the 18th,
    and annual performance bonus 30th, 42nd months

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