Offer Letter For Harika Mallarapu

Download as pdf or txt
Download as pdf or txt
You are on page 1of 9

DATE : August 13, 2024

HARIKA MALLARAPU

Offer Letter
Dear Harika mallarapu,

We at CYIENT, are pleased to induct you in our esteem organization as a Junior web
developer, we would like to confirm your appointment based on the acceptance of the
following:

Place of posting:

You will be posted at Visakhapatnam, However during employment with the company, you may be
posted / transferred to any other Sector or Branch needed as per requirement.
Kindly attend on your reporting date and join with us.

Reporting:

You will be reporting to Mr. Meghana Andhavarapu – Project Manager on dated 09th September
2024.
Unit.No.1A &1B
Survey No.410,
plot no-14,IT SEZ,
madhurawada ,
rushikonda,
Visakhapatnam,
Andra pradesh-
530048

Probation and Confirmation:

You will be initially on probations for a period if 3(Three) months during which you may be
removed from your appointed post without giving any notice or reason thereof if not found
satisfactory as per performance reviews. You will be given an appointment cum confirmation letter
after the given probation period is over.
Salary and Allowances:

Your salary would be confirmed and communicated to you by concerned and the HR Manager. A
details salary will be issued to you during your joining with a salary break-up explained to you and
other company policies. Other than this, a salary structure will be attached with a hard copy.
Cyient Services Pvt.Ltd.

As an employee of the Company, your annual salary package would be Rs. 295,000/- only(Rupees
Two Lakhs Ninety Five Thousand Only/- ) and the breakup is as detailed in the Annexure. Your
Annual Salary is subject to all Taxes applicable in India such as Professional Tax and Income Tax
etc. The said taxes will be deducted as per the tax regulations Act(s) and wherever required the
requisite tax deduction certificate will be issued to you at the end of the financial year.
SALARY STRUCTURE
BASIC SALARY 18,789/-
HOUSE RENT ALLOWENCE 2,500/-
MEDICAL ALLOWENCE -
TRAVELLING ALLOWENCE -
TELEPHONE AND INTERNET 1,500/-
DEDUCTIONS
PF CONTRIBUTION 1,800/-
ESI CONTRIBUTION 200/-
MEDICAL INSURANCE 450/-

Gross salary per month -25,239 /- Net salary per month- 23,789 /-

The Company follows a Cost to the Company (CTC) structure that reflects the total cost of an employee
to the organization and includes all direct & indirect payments including benefits, perquisites, and
subsidies, if any. The components within each category of payments are discretionary and the company
has right to change these components any time without notice.
To avail tax benefits, you hereby undertake that you will furnish all the necessary investments proof as
per the Income tax declaration made by you under the prevalent Income Tax Act. The authenticity of
submission of all such documents shall solely rest with you; any inquiry and penalty due to lack of
legitimacy of the documents, if communicated by Income Tax authorities, while in an employment
with us or thereafter, shall solely be borne by you. And, in absence of timely submission of such
documents, as required, to protect the Company’s interest, it reserves the right to pursue legal action as
deems fit, including but not limited to the right to recoveries of payments made towards monthly
salary, perks, bonuses and other payments in the course of your employment, retrospectively.

You will be eligible for Performance Linked Incentive (PLI) (if applicable) as per the Company norms.
Performance Linked Incentive (PLI) is payable subject to tax, under the prevalent Income Tax Act. In
addition, PLI is payable subject to an employee being on the rolls of the Company, and provided that
the employee does not have notice of termination of employment / has not resigned from the
company/is not serving notice period at the time of disbursement, irrespective of any delay in the
announcement by the company management. Disbursement towards PLI and all other bonuses or
incentives, if any, is up to the discretion of the Management and is dependent upon the performance of
the company as well as the performance of the individual.

Payments like Joining bonus / reimbursements made by the Company towards notice period buyout /
relocation expenses by us etc., over and above your CTC package, will be recovered in full in the event
of your separation from the company before completion of one year of joining, which excludes your
notice period, or as specifically mentioned in your offer letter. In the absence of any information in the
offer letter, the clause of separation within one year mentioned herein shall be applicable.

Your working hours at your place of posting shall be as per the rules and regulations of the
Company. However, you may be required to work additional hours, as may be required from time to
time, to carry out your duties and responsibilities effectively. You may be required to work on any
day of the year, including festival holidays, in the establishment. You shall be entitled to annual leave
as per the rules and regulations outlined in the leave policy of the Company.
Increments and Incentive:

You are entitled to normal increments, which are normally based on consistency of performance
review and reports along with this the front end will be appraised with an incentive as per targets
achieve. The incentive is paid weekly as per the Policy.

Duties and Responsibilities:

The Company expects you to work with a high standard of initiative, efficiency and economy. You
are expected to strictly follow the various company policies, Ethical Policy and Quality Policy. You
shall neither divulge nor give out information to any unauthorized person during the period of your
service or even otherwise or even otherwise, particulars about the products and services, technical
know-how, security arrangements, administrative and / or organizational matters of a confidential /
secret nature which may be your privilege to know by virtual of your being our employee.

You will be governed by the general polices of the company with regards to leave and other
administrative matters that may come in force from time to time.

Any employee wishing to resign must communicate his intent in writing for acceptance by the
Management. On acceptance of resignation, employee must serve the applicable notice period of
60 days. In the event of separation, the notice period applicable to the organization as well as the
employee is 60 days.
You will agree not to take up any other assignments during the association with us. Even
after disassociating with us. You will not take any assignments with our partners, customers or any
competitors for a period of least 2 years after separations.

Please sign the attached copy of this Letter as a token of acceptance of the terms and conditions
embodied herein within 3(three) days after you receive the Letter.

We welcome you to our team for a long, successful and mutually rewarding relationship.

Wish you a very Happy Joining with CYIENT.

For CYIENT
Sincerely,

B. Lokesh kumar
HR- Manager
CYIENT
Visakhapatnam.

Cyient Services Pvt.Ltd.


Unit.No.1A &1B
Survey No.410,
plot no-14,IT SEZ,
madhurawada ,
rushikonda,
Visakhapatnam,
Andra pradesh-
530048

Terms and Conditions


1. Placement & Compensation:

You will be placed in the appropriate band / responsibility level of the Company, and will be entitled
to compensation (salary and other applicable benefits) as detailed in Annexure “A”. Compensation
will be governed by the rules of the Company on the subject, as applicable and/or amended
hereafter.

2. Salary revision:

Your salary will be reviewed on April 1st of each year, or at such other time as the Management may
decide. Salary revisions are discretionary and will be subject to, and on the basis of, effective
performance and results.

3.Posting & Transfer:

Your initial posting will be at “Visakhapatnam”. However, your services are liable to be
transferred, at the sole discretion of Management, in such other capacity as the company may
determine, to any department / section, location, associate, sister concern or subsidiary, at any place
in India or abroad,whether existing today or which may come up in future. In such a case, you will be
governed by the terms and conditions of the service applicable at the new placement location

4.Probation:

That you will be on probation for a period of three months. The period of probation can be
extended at the discretion of the Management and you will continue to be on probation till an order
of confirmation has been issued in writing
5.Full time employement:

Your position is a whole time employment with the Company and you shall devote yourself
exclusively to the business and interests of the company. You will not take up any other work for
remuneration (part time or otherwise) or work in an advisory capacity, or be interested directly or
indirectly (except as shareholder / debenture holder), in any other trade or business during your
employment with the company, without permission in writing of the Board of Directors of
the Company. You will also not seek membership of any local or public bodies without first
obtaining specific permission from the Management.
Cyient Services Pvt.Ltd,
Unit.No.1A &1B
Survey No.410,
plot no-14,IT SEZ,
madhurawada ,
rushikonda,
Visakhapatnam,
Andra pradesh-
530048

6.Confidentiality:

You will not, at any time, during the employment or after, without the consent of the Board of
Directors disclose or divulge or make public, except on legal obligations, any information regarding
the Company’s affairs or administration or research carried out, whether the same is confided to you
or becomes known to you in the course of your service or otherwise.

7.Intellectual Property:

If you conceive any new or advanced method of improving designs/ processes/ formulae/ systems,
etc. in relation to the business/ operations of the Company, such developments will be fully
communicated to the company and will be, and remain, the sole right/ property of the Company.

8.Responsibilities & Duties:

Your work in the organization will be subject to the rules and regulations of the organization as laid
down in relation to conduct, discipline and other matters. You will always be alive to responsibilities
and duties attached to your office and conduct yourself accordingly. You must effectively perform to
ensure result.
9.Past Records:

If any declaration given, or information furnished by you, to the company proves to be false, or if
you are found to have willfully suppressed any material information, in such cases, you will be liable
to removal from services without any notice.

10.Retirement:

The retirement age is 58 years.You will retire from the employment of the Company at the end of
the month in which youattain 58 years of age.

11.Notice period:

After conformation of services this engagement may be terminated by either party by giving to other
at any time notice of two months in writing or payment in lieu of reduced notice period, which
subject to the mutual agreement from both the parties. Notwithstanding anything to the contrary
herein contained including willful insubordination, disobedience, theft, fraud, habitual absence
without approval leaves etc., and non-performance on your part will entitle the company to terminate
your services without notice and no monetary liability in lieu of notice.

12.Termination of employment:

During the probationary period and any extension thereof, your services may be terminated on either
side by giving one month’s notice or salary in lieu thereof. However, on confirmation the Cyient
Services Pvt Ltd, Unit.No.1A &1B, Survey No.410,plot number-14,madhurawada
village,rushikonda, Visakhapatnam,Andra pradesh-530048.

Services can be terminated from either side by giving two months(60 days) notice or salary in lieu
thereof. Upon termination of employment, you will immediately hand over to the Company all
correspondence, specifications, formulae, books, documents, market data, cost data, drawings,
affects or records belonging to the Company or relating to its business and shall not retain or make
copies of these items. Upon termination of employment, you will also return all company property,
which may be in your possession.

13.Return of Property:

On termination of services or demand upon of the company the employee shall deliver up to the
company all keys, Pass card, Laptop, Identification Card, listings, any other belongings to the
company. Furthermore the employee warrants and undertakes that he or through a third person will
not make or allow to be made any copy or records in any forms of the above mentioned materials.
14.Medical Fitness:

This appointment is subject to your being, and remaining, medically fit. Please confirm your
acceptance of the appointment on the above terms and conditions by signing and returning this letter
for our records.

Yours faithfully,

For

B. Lokesh kumar
HR- Manager
Cyient
Visakhapatnam

I have read the terms and conditions of this letter of appointment and confirm my acceptance of the
same.
(Signature and Date)

Cyient Services Pvt.Ltd.


Unit.No.1A &1B
Survey No.410,
plot no-14,IT SEZ,
madhurawada ,
rushikonda,
Visakhapatnam,
Andra pradesh-
530048

You might also like

pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy