CD5491
CD5491
CD5491
Dear G Shruthika
Regd. Address: RZ - 672, 41E, Sadh Nagar II, Gali No. 27G, Palam Colony, New Delhi - 110045
Website: www.collegedunia.com | Email: accounts@collegedunia.com | Tel: 0124-4652900
Letter of Appointment
G Shruthika.
Employee Code: CD5491
Address: No 65 Mutthumariyemman Koil street Thanikachalam Nagar E block,Chennai,Tamil Nadu,600110
Joining
Your scheduled date of employment with us will be 22 April 2024
Location
The location of posting (“work location”) would be Chennai. You may be asked to relocate to any of our units, departments,
or the offices of our affiliates* and/or the offices, depending on business requirements. In such an event, your remuneration
and other benefits shall be determined in accordance with the relevant Policies of the Company in that work location.
Please be advised that you, by accepting this offer, hereby give your irrevocable consent to the above.
* For the purpose of this agreement, "affiliate" means any entity that controls, is controlled by, or is under common control
with the First Party. For purposes of this Agreement, "control" means possessing, directly or indirectly, the power to direct
or cause the direction of the management, policies, or operations of an entity, whether through ownership of voting
securities, by contract or otherwise.
Contract
This letter of Appointment shall constitute a valid and binding contract between Collegedunia and the Employee.
2) Background checks
The Company may, at its discretion conduct background checks prior to or after your expected joining date to validate your
identity, the address provided by you, your education details, and details of your prior work experience if any, and to conduct
any criminal checks. You expressly consent to the Company conducting such background checks. In this connection, you are
required to furnish the documents listed in "Candidate Information Form".
Regd. Address: RZ - 672, 41E, Sadh Nagar II, Gali No. 27G, Palam Colony, New Delhi - 110045
Website: www.collegedunia.com | Email: accounts@collegedunia.com | Tel: 0124-4652900
If you fail to submit the necessary documents as required by the Company within the specified time period or if the Company
is not satisfied, with the outcome of the background checks, the Company, in its sole discretion, reserves the right to
withdraw this Offer without notice and Compensation or to take any appropriate action against you, including, but not
limited to immediate termination of your employment.
When a background check raises any concerns regarding any of the details furnished by you and the Company feels the
need to further validate such facts, the Company may at its sole discretion, ask you for further information, to substantiate
the details that you have earlier provided to the Company, before initiating appropriate action.
1) Leave
Leaves are earned by duties or services and cannot be claimed as a matter of right. Each employee should be aware that in
case of any exigencies of work, it will be opened to the management, to refuse, postpone, revoke, or reduce leave of any
description.
It is to be noted that, that during the period of leave, an employee should not take up or accept any employment or work
outside either on remuneration or without remuneration.
Before Proceeding on Leave, an employee shall intimate to the management about his/her contact number, postal address
while S/he is on leave and shall keep the said authority informed to the changes in the details (if any). In the event of
incapacity due to sickness or injury, the employee must inform the manager, in writing, at least one hour prior to his/her
usual reporting time.
You are not entitled to any leave, in the first month of joining. However, while on probation a total of six leaves can be
availed, which in case not exhausted, shall be added to the leave balance upon confirmation as a permanent employee. The
total leaves available to a permanent employee is 32, of which 16 are Annual & 16 are casual or sick leave. In addition to
this, a birthday leave can be availed only if it is a weekday, within the month itself.
Authorized leaves shall be in accordance with attendance leaves and other benefits policies. Leave is credited on a quarterly
basis. The leave eligibility shall begin in the quarter of your joining the Company, on a pro-rata basis. Leave year is the
calendar year and not the fiscal year. The Company's Policies also provide for Maternity, Paternity, and Special Study &
Sabbatical Leave. Further details will be provided to you upon joining.
Regd. Address: RZ - 672, 41E, Sadh Nagar II, Gali No. 27G, Palam Colony, New Delhi - 110045
Website: www.collegedunia.com | Email: accounts@collegedunia.com | Tel: 0124-4652900
1) Work Schedule & Hours of Working
It shall be mandatory for all employees to clock in minimum of 9 hours per day at work. The start hour shall be 9.30 am
sharp. Casual Break timings are 1.30 to 2.00 pm. Use of HRMS is mandatory to mark the attendance as well as to file the
leaves.
All laptops, equipment and accessories are Collegedunia’s property and are provided to an employee for a period of the
duration of his/her employment or for a period of time as deemed appropriate by the management. The guidelines for
usage, is as below:
Employee should not attempt to install software or hardware or change the system configuration including network settings.
Employee is expected to protect laptops, equipment and accessories from damage and theft. And is monetarily responsible
for any physical damage that occurs off practice premises due to poor handling. In case of any physical damage to the laptop
on account of poor handling which will be considered as physical damage, the employee will be penalized an amount equal
to 10% of the monthly pay or the invoice amount, whichever is lesser.
The physical damage will also be validated by the Laptop Engineer. For Example – Breaking of laptop screen / USB Ports /
Power Jack / Plastic (outer body)/ charger (lost) are the common cases of physical damage.
In case the laptop has been stolen from any location during the employment, be it inside the office or outside - The
employee will be penalized @ 50% of the current market value of the laptop.
Upon resignation/termination of an employee, the assets shall be returned within 48 hours from the date of the last working
day of the employee, failing which an employee shall be deemed to be in authorized possession of the same and the
Company can initiate action for recovery of the amount equivalent to the market value of the such asset or adjust the same
in the Full and Final Settlement amount of the employee, if any.
1. Salary
Regd. Address: RZ - 672, 41E, Sadh Nagar II, Gali No. 27G, Palam Colony, New Delhi - 110045
Website: www.collegedunia.com | Email: accounts@collegedunia.com | Tel: 0124-4652900
1. Performance- linked Incentive
The details of this scheme, if applicable to your offer will be communicated on your joining. Please refer to the Compensation
Details sheet for more details.
The company follows an annual calendar for appraisal & increment. The details for the same shall be communicated to you
during the induction.
1) Notice period
During the probation period, if your performance is found to be unsatisfactory or if it does not meet the prescribed criteria,
your employment can be terminated by the Company with a notice of minimum of 24 hours to a maximum of 30 working
days, as per the discretion of the Company, with the settlement of salary dues thereof. If an employee wishes to resign
during the probation, the notice period for the same shall be determined at the sole discretion of the Company. .
On confirmation, you will be required to give a maximum of three months' notice or salary in lieu thereof in case you decide
to leave, subject to the Company's discretion. Where circumstances make it necessary, the Company will have the discretion
to relieve you only at the end of the three months' notice period. The Company can terminate your services by giving one
month's notice or salary thereof.
Also, the period of notice of an employee working on specific projects could be extended at the discretion of the company,
depending upon completion of the project.
In the event that you do not successfully complete your probation, or during the probation or after confirmation, you are
involved in an act that constitutes misconduct, insubordination or endangering the organization or other employees, your
training/employment can be terminated by the Company with immediate effect without notice. It shall also be the sole
discretion of the Company to terminate an employee with immediate effect in the event of constant poor work
performance. No settlement will be done in the aforesaid cases.
In case, a resigned employee avails leave during the notice period or there remains shortfall of the notice period due to any
circumstances, he/she would extend the notice period for the number of days the leave is taken or the company will be
liable to recover the deduct the amount equivalent to such loss from the dues of the employee.
Employees remaining absent for a continuous period of 72 hours shall be treated to be absconding and shall be terminated
with immediate effect.
Regd. Address: RZ - 672, 41E, Sadh Nagar II, Gali No. 27G, Palam Colony, New Delhi - 110045
Website: www.collegedunia.com | Email: accounts@collegedunia.com | Tel: 0124-4652900
Resignation, tendered within 45 days of salary increment, shall be accepted only on the condition that the remuneration
for the entire notice period shall be the amount of previous salary i.e. the salary prior to the increment
1) On Separation
Upon resignation or termination of your employment by the Company, you will immediately return to the Company all tools,
accessories, formulae, documents, specifications, books etc. of whatsoever nature in your custody, care of charge and obtain
clearance certificate from the relevant person / office/ department, on production of which alone your dues, if any, will be
settled by the Company.
The full and final settlement for employees completing the tenure of notice period will be done within a maximum of 45
days from the last day of completion of all formalities by the employee.
In case where any employee is willing to exercise the option of Buy - Out, the confirmation of the same shall be the
discretion of the TL. However, it is advisable that at least 50% of the notice is being served.
Buy – out amount will be calculated as to the applicable Tax law.
After completion of the full and final settlement, any communication thereafter shall be with the legal department of the
company and not the HR department. The HR department shall not be liable to reply or reciprocate to any of your query.
The presence of an employee at the company premises post the issuance of relieving letter shall be considered unauthorized
and the company shall take an action against him/her for trespass, unless the employee has been permitted by the
management of the company, in writing, to be present.
As part of this offer, you also authorize the Company to share your employment details with any future or potential employer
as part of their background and reference check.
You agree to not joining any competitor within a span of 2 years. If found, you will be liable to pay an amount of Rs
2,00,000/- as the damages done to the organization by doing so.
*A ‘Competitor’ shall be deemed to be any entity or person that offers identical or similar
products/services as Collegedunia and/or its sister concerns such as 3dot14, carHP, etc.
Regd. Address: RZ - 672, 41E, Sadh Nagar II, Gali No. 27G, Palam Colony, New Delhi - 110045
Website: www.collegedunia.com | Email: accounts@collegedunia.com | Tel: 0124-4652900
1) Non-Discloure
The Company has in its possession certain confidential information that the company has disclosed to the employee, or that
the Employee was exposed to during the Employee’s employment with the Company.
This agreement regulates use and disclosure of Confidential Information by the Employee and is in addition to any other
obligations (including specific obligations of confidentiality and restraint(s)) accepted by the Employee in Favor of the
Company.
The Employee acknowledges that all right, title and interest in and to the Confidential Information vests in the Company
and that the Employee has no claim of any nature in and to the Confidential Information.
The Employee undertakes to maintain the confidentiality of any Confidential Information to which the Employee has gained
access after the Commencement Date, and whether intentionally disclosed or inadvertently made available or exposed to
the Employee by the Company. The Employee agrees he/she shall not during, or at any time after the termination of my
employment with the Company, use for himself/herself or others, or disclose or divulge to others including future
employees, any trade secrets,
confidential information, or any other proprietary data of the Company in violation of this agreement.
Any documents and/or material embodying Confidential Information which came into the possession of the Employee
or that was generated by the Employee in the performance of the Employee’s contract of employment shall;
1. be deemed to be the property of the Company;
2. not be copied, reproduced, published or circulated by the Employee; and
3. be surrendered to the Company on demand and/or upon his/her termination.
The Employee agrees and accepts that the violation of this agreement and any clause thereof would cause immediate and
irreparable harm to the Employer for which money damages may be inadequate. Therefore, in addition to claim for
monetary compensation, the Employer will be entitled to injunctive relief for Employee’s breach of any of its obligations
under the said Clauses without proof of actual damages and without the posting of bond or other security. Such remedy
shall not be deemed to be the exclusive remedy for such violation, but shall be in addition to all other remedies available to
the Employer under any Law.
The Employee agrees and accepts that this agreement shall be binding upon him/her and his/her personal representatives
and successors in interest, and shall inure to the benefit of the Company, its successors, and assigns.
Regd. Address: RZ - 672, 41E, Sadh Nagar II, Gali No. 27G, Palam Colony, New Delhi - 110045
Website: www.collegedunia.com | Email: accounts@collegedunia.com | Tel: 0124-4652900
* "Confidential Information" shall mean (i) all information relating to the Company’s products, business and operations
including, but not limited to, financial documents and plans, customers, suppliers, manufacturing partners, marketing
strategies, vendors, products, product development plans, technical product data, product samples, costs, sources,
strategies, operations procedures, proprietary concepts, inventions, sales leads, sales data, customer lists, customer
profiles, technical advice or knowledge, contractual agreements, price lists, supplier lists, sales estimates, product
specifications, trade secrets, distribution methods, inventories, marketing strategies, source code, software, algorithms,
data, drawings or schematics, blueprints, computer programs and systems and know-how or other intellectual property
of the Company and its affiliates that may be at any time furnished, communicated or delivered by the Company to the
Employee, whether in oral, tangible, electronic or other form; (ii) the terms of any agreement, including this Agreement,
and the discussions, negotiations and proposals related to any agreement; (iii) information acquired during any tours of
the Company’s facilities; and (iv)all other non-public information provided by the Company whosoever. All Confidential
Information shall remain the property of the Company.
You agree to defend, indemnify and hold Collegedunia and its sister concern harmless from any and all claims, damages,
liability, attorney fees and expenses on account of your failure to satisfy any of your obligations under this work assignment
letter or for misconduct or for violation of any law or creation of any legal liability by you.
You agree not to undertake employment, whether full-time or part-time, as the Director / Partner / Member / Employee of
any other organization / entity engaged in any form of business activity without the consent of Collegedunia. The consent
may be given subject to any terms and conditions that the Company may think fit and may be withdrawn at any time at the
discretion of the Company.
Regd. Address: RZ - 672, 41E, Sadh Nagar II, Gali No. 27G, Palam Colony, New Delhi - 110045
Website: www.collegedunia.com | Email: accounts@collegedunia.com | Tel: 0124-4652900
You hereby acknowledge and agree to abide by all internal Policies of the Company, which you will be able to access, upon
joining. These Policies cover various human resources and administrative topics and procedures. The Company reserves the
right to change these Policies at any time in its absolute discretion.
Any dispute between you and Collegedunia shall be referred to a sole arbitrator appointed by CollegeduniaWeb Pvt. Ltd.
The arbitration shall be conducted in English language, in accordance with the Arbitration and Conciliation Act 1996, at
Gurugram, India. This Engagement Letter shall be governed by the laws of India.
We at Collegedunia would like to create an environment and culture committed to cooperation, quality and responsiveness
that permeates every activity. As a new entrant we would like you to add value to this process. Please return the copy of
the Offer Letter enclosed after affixing your signature at the appropriate place on the Office Copy in token of your having
read, agreed, fully understood, and accepted the terms and conditions of appointment.
We welcome you to the Collegedunia family and wish you a rewarding career over the years to come.
Isha Sharma
Manager, Human Resources
Declaration:
I have read, understood, and agree to the terms and conditions as set forth in this Appointment letter.
Date:
26.04.2024
Name: G Shruthika
Signature:
Regd. Address: RZ - 672, 41E, Sadh Nagar II, Gali No. 27G, Palam Colony, New Delhi - 110045
Website: www.collegedunia.com | Email: accounts@collegedunia.com | Tel: 0124-4652900
Annexure -Salary Breakup
CD CODE CD5491
Name Of Emp G Shruthika
Designation Associate - Counselling
Department Study Abroad Ops
Section - A (Gross Fixed Salary
Components)
Particulars Annual
Monthly
CTC 450000 37500
Basic 234000 19500
House Rent Allowance 117000 9750
Other Allowances 62472 5206
Telephone & Internet
Reimbursement 0 0
Bonus 24528 2044
Meal reimbursement 0 0
Vehicle maintenance 0 0
Driver salary 0 0
Leave Travel Allowance 0 0
Training exp 0 0
Books and Periodicals 0 0
Total 438000 36500
Section - B (Performance Linked Bonus)
ESOPS
Variable
Retention Bonus
Section - C (Retirals & Health Benefits)
PF Annual (Employer Contribution) 0 0
PF (Optional) No No
LWF 744 62
Employer contribution to ESI 0 0
Gratuity Annual 11256 938
Total Amount in Rupees (C) 12000 1000
Total CTC in Rupees (A+B+C) 450000 37500
Note
Group Medical Insurance (GMI) family cover is provided for Rs 200000 and Rs 223 per month will be deducted from your monthly
salary as policy premium.
Gratuity is calculated and paid as per the "Payment of Gratuity Act, 1972".
Group Term Insurance (GTI) cover is provided equal to 10X of your CTC upto 10000000 and Rs. 119 per month will be ducted from your monthly salary
as policy premium.
It is to be noted that the structure of components is changeable subject to the statutory compliances enforced or at Company discretion.
For
Isha Sharma
Regd. Address: RZ - 672, 41E, Sadh Nagar II, Gali No. 27G, Palam Colony, New Delhi - 110045
Website: www.collegedunia.com | Email: accounts@collegedunia.com | Tel: 0124-4652900