Sutherland Offer Letter - Arun Kumar
Sutherland Offer Letter - Arun Kumar
Sutherland Offer Letter - Arun Kumar
India
Arun Kumar V
3/96,2nd main,
We have pleasure in offering you the contract of employment with Sutherland Global services private Limited.
Outlined below are the terms and conditions of this employment in Sutherland Global services private Ltd:
1. SALARY AND GRADE
Your grade is A-1, with a basic of Rs.15,605/- p.m.
Salary details are indicated in the salary card at the end of this letter.
2. DESIGNATION AND PLACE OF WORK
You will be designated as Associate Professional -Application development Practice (OR) SBU and will be
based at our Bangalore Office or our proposed SEZ site.
You may be transferred to any of the Company's establishments anywhere in India or abroad, as and
when required by the Company.
3. SALARY REVIEW
Salary revisions will be based on individual, as well as company performance. If you join the organization on
or before 25th sep 2023, you will be covered in the coming increment cycle.
4. MEDICAL FITNESS
You need to Submit Self declaration of medical fitness in the prescribed format by Sutherland along with
general Fitness Certificate from a certified Doctor. In case you are 40 years and above of age, your
appointment is subject to you being found medically fit by the Company Doctor.
5. TERMINATION OF EMPLOYMENT
1. The contract of employment can be terminated by either party by giving three months' notice
inwriting, subject however to the Company's right to pay basic salary .
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2. However, should you sign any Service Bond / Undertaking / Agreement with the Company as a part of
youremployment process or later in the course of your employment with the Company, you will then
not be entitled to terminate your employment with the Company unless you comply with the terms and
conditions of the Bond / Undertaking / Agreement in addition to the above.
3. The Company shall have the right to terminate this agreement forthwith, without any notice and
without any basic salary in lieu of notice period in the event of any of the following:
a. Breach on your part of any terms and conditions of this contract and any other rules made applicable
to you in respect of your employment with us.
b. Violation on your part of the Company's rules with regard to the authenticity and information
declared at the time of Joining the Company.
c. Any misconduct on your part.
d. Failure to carry out any of your duties and obligations.
6. HOURS OF WORK AND PAIDHOLIDAYS
You will observe the working hours and holidays as followed by the department and location to which you
are assigned.
You will be required to work in shifts (including night shifts) as and when required in the project you
are assigned.
7. LEAVE
A credit of 2 working days will be made for every completed month, except for the month June and
December, where only 1 working day will be credited. The credit will happen on the 1st of every month for
the previous month.
New joinees, with date of joining between 1st to 15th of a month, will get an earned leave credit of 2
working days on completion of the month except if the joining month is June or December, in which case
the earned leave credit will be 1 day and new joinees with date of joining between 16th to end of a month,
will get an earned leave credit of only 1 working day on completion of the month.
Employees can avail 5 days advance earned leave, provided the earned leave is zero.You will be permitted
to carry forward a maximum of only 11 Earned Leaves during the year, with an option to carry forward up
to a maximum of 60 days.
All weekly Offs, Special Days Off and Paid Holidays falling in between your Leave Period will not be counted
as leave.
8. PROVIDENT FUND
Based on the Provident Fund rules and regulations, you will be entitled to join the "Sutherland Officers and
Supervisory Staff Provident Fund" from the date you join our Company, on receipt of your declaration in form
No.13A. You shall contribute a sum equal to 12% of basic salary (or as per the prevailing P.F. rules) from your
monthly salary and the Company shall contribute an equivalent amount
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9. GRATUITY
You will be entitled to receive gratuity in accordance with the Company's scheme as applicable to your grade.
10. MEDICAL BENEFITS
You will be eligible for medical benefits in accordance with the Company's medical Scheme for your grade.
11. RETIREMENT AGE
12. All employees in the Company shall retire on attainment of normal retirement age fixed by the Company,
which at present is 58 years.
13. TRADE SECRETS AND CONFIDENTIAL INFORMATION
During the term of your employment, you may have access to and become familiar with various trade secrets
and confidential information belonging to the Company, its affiliates and customers. You shall acknowledge
that such confidential information and trade secrets are owned and shall continue to be owned solely by the
Company, its affiliates and customers, as the case may be. You shall agree not to use, communicate, reveal or
otherwise make available such information for any purpose whatsoever or to divulge such information to any
person, partnership, corporation or entity other than those expressly designated by the Company, unless such
employee is compelled to disclose it by judicial process.
14. RESTRICTIVE COVENANT
The Company is in the business of providing various services including services in the area of Information
Technology. You will acknowledge that:
a. The Company's services are highly specialized;
b. The identity and particular needs of the Company's customers are Confidential;
c. Documents and other information regarding Company's services, pricing and costs, as well as information
pertaining to Company's customers, including but not limited to identity, location, service requirements
and charges to the customers are highly confidential and constitute trade secrets.
You will therefore agree that:
a. For a period of two years after this contract has been terminated for any reason, regardless of whether
the termination is initiated by the Company or yourself, you will notdirectly or indirectly solicit, take up
employment or transact any sort of business directly or indirectly with any person, Company, firm or
corporation who is or was a customer of the Company during a period of two years prior to the
termination of your employment.
b. You shall not solicit or take up employment or transact any sort of business directly or indirectly with
such customers on behalf of yourself or any other person, firm, Company, or corporation.
15. DISPUTES
Any disputes between yourself and the Company concerning with or relating to or arising out of this contract
shall be subject to the jurisdiction of and be determined by a court of competent jurisdiction in Greater
Mumbai only.
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16. UNAUTHORISED ABSENCE FROMWORK
Your unauthorized absence from work for a continuous period of more than 3 days will be treated as absconding
from duty, and in the event of your not reporting for work within 10 days from the date of absence, the same
would be treated as "voluntary abandonment of service" and it shall be deemed that you are no longer
interested in the employment. This will be considered as breach of contract, and the company may take action
accordingly.
17. PREEMPLOYMENT VERIFICATION
The company reserves the right to verify your documents and background through internal or external agencies.
These may include your current / previous employment history, educational/professional credentialsand other
background checks. If any discrepancy with regard to documentation is discovered after you have joined the
Company, you are liable to be terminated, apart from legal action being initiated against you.
18. PASSPORT
You are required to possess a valid passport. In case you do not already have one, you are required to obtain
this, at your own time and expense, and intimate the same to GO HR at your location, within three months of
joining.
19. GENERAL
a. You will be governed by all rules, regulations and policies of the Company.
b. You are to devote your full time, attention, and ability to the interest of the Company.
c. You are not to interest yourself in any business or do any trading on your
own account.
d. You hereby agree that for the period of deputation at an onsite location, you will abide by the laws of the
country of your deputation and for the duration of assignment in India, you will comply with the terms
and conditions of your appointment letter.
20. In accordance with the standard practice of the company, we request you to treat the terms of this
employment as confidential.
21. You are required to join on or before sep 25th, 2023.If you do not join by this date, this offer stands withdrawn
- unless the Date of Joining is extended, and communicated to you in writing. At the time of joining,
please report to Sandhya Yashaswini the following address.
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You are required to bring the following documents, with a photocopy of each, at the time of 08,2023
joining.
i. Proof of age
ii. Educational certificates including mark sheets;
iii. Relieving certificate, or service certificate from your present employer (without which you are
notallowed to join us) and other experience certificates;
iv. Last 3 months salary slip.
v. Copy of passport (First & Last Page) & driving
license vi. Two copies of your recent passport size
photograph.
vii. Your last Employer's Provident Fund Code Number, P.F. Account Number and Employee's Pension Fund
Account Number.
viii. Provisional Form 16 for the current year.
22. ACCEPTANCE OF JOINING
The contract of employment will commence from the day you report for duty. If you are agreeable to accept this
offer, please return the duplicate copy of this letter, duly signed as a token of your acceptance to the
undersigned within 10 days of its receipt.
Please confirm the date on which you expect to join duty in writing.
Yours faithfully,
For Sutherland Global services
Vinod Menon
Sr. Manager Recruitment
25 Sep 2023
Signature and Date Date Of Joining
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SALARY CARD
Name : Arun kumar V Date : Aug 04, 2023
Grade : A-1-2 Location : Bangalore
Components Rs.(p.a) Rs.(p.m)
Monthly Remuneration
Basic 15,605
Bouquet of Benefits (BoB) 8,049
Monthly Performance Pay 3,500
Additional Pay 736
Guaranteed Variable in India(GVI) 2,614
Sub Total (A) 366,048 30,504
Deferred Benefits
Provident Fund (PF) 1,873
Gratuity 751
Sub Total (B) 31,476 2,623
Total (A+B) 397,524 33,127
Annual Incentive 38,336
Mediclaim Premium 4,140
Grand Total 440,000 33,127
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Annual Incentive :
- Your Maximum Annual Incentive is Rs.69,704/- Payment will be made as per the 'Annual Incentive Scheme' of
the company, to employees who are on rolls of the company as on 1st July of the following year. This condition
does not apply to employees whocomplete 3 years of continuous service in the company. The actual amount of
incentive payable will depend upon your performance and the period served by you in the financialyear.
-
any amendments thereto.
-
be adjusted from the annual incentive finally decided at the time of payout. In case of separation from the
company within one year of joining GVI paid will be recovered.
Medical Insurance :
The Group Mediclaim Policy of Company covers Employee, Spouse & upto 2 dependent children (up to 25 yrs of age)
for maximum amount of Rs. 3,00,000/- p.a.
Employees will not be eligible for any other assistance towards domiciliary treatment other than the
medical allowances.
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Notes :
- Basic will be reckoned for PF, Gratuity and Leave Encashment as per rules.
- The eligibility for payment of Gratuity is a minimum of five years of service in the Company.
- The PF amount shown is Employer's contribution. An equal amount will be deducted as Employee's contribution.
- Monthly Performance Pay (MPP) will be reviewed annually and its continuity will be based on your performance.
MPP in case of voluntary resignation within six months of joining will be recovered.
- For Bouquet of Benefits (BoB), kindly refer To the attached annexure.
- Employees on overseas deputation will be paid only those allowances as mentioned in Overseas Deputation
Note. Following are the components applicab le to you under Bouquet of Benefits (BoB).
Components Limits Remarks
House rent allowance (p.m.) 10% - 50% of basic p.m.
Mandatory Conveyance allowance (p.m.) 1,600/- p.m.
Optional Medical allowance (p.m.) 1,250/- p.m.
Optional Education allowance (p.m.) 200/- p.m.
Optional Leave travel allowance (p.a.) 15,000/- p.a.
Optional Meal allowance (p.m.) 1,210/- p.m.
Optional Hostel expenditure (p.m.) 600/- p.m.
Optional
- Balance amount under Bouquet of Benefits(BoB) will be paid as Adhoc Allowance per month and will be fully
taxable.
- You are required to declare your options under Bouquet of Benefits(BoB) in the SSC Portal. The guidelines
relating to Bouquet of Benefits(BoB) are available on Insight under Quicklinks ---> HR ---> HR Policies.
- Income Tax will be deducted at source wherever applicable as per Income Tax Rules.
- Any or all of the above allowances may be altered / withdrawn at the sole discretion of the managementand
the payment of allowances will be governed by the rules and regulations of the Company as may be applicable
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