Scribd
Upload
6 views1 page

Annexure AMIT SONAWANE

The document outlines the salary structure for Amit Shyam Sonawane, a Senior Sales Manager, with an annual fixed CTC of 6,00,000 and a monthly take-home pay of 46,400. It details various salary components including basic salary, allowances, and statutory benefits, along with notes on additional benefits and confidentiality. The total compensation, including performance-linked incentives, amounts to 6,60,000 annually.

Uploaded by

shivank.shree
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
6 views1 page

Annexure AMIT SONAWANE

The document outlines the salary structure for Amit Shyam Sonawane, a Senior Sales Manager, with an annual fixed CTC of 6,00,000 and a monthly take-home pay of 46,400. It details various salary components including basic salary, allowances, and statutory benefits, along with notes on additional benefits and confidentiality. The total compensation, including performance-linked incentives, amounts to 6,60,000 annually.

Uploaded by

shivank.shree
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 1

DIN: M010208-20231011010696

Annexure - A
Salary Structure
Date : 25-Oct-2024
Band/Grade B1/M3
Employee Name : AMIT SHYAM SONAWANE
Designation : Senior Sales Manager
Date of Joining : 25-Nov-24
Annual Fixed CTC : 6,00,000
Monthly Fixed CTC : 50,000
Salary Components Monthly Annually
Basic 25,000 3,00,000
HRA (Max upto 50% of Basic) 12,500 1,50,000
Children Education Allowance 200 2,400
Special Allowance - -
Sub Total - [A] 37,700 4,52,400
Washing Allowance 1,000 12,000
Fuel & Maintenance and Chauffeur Allowance 2,700 32,400
Academic Research Allowance 3,000 36,000
LTA 3,800 45,600
Sub Total - [B] 10,500 1,26,000
Statutory Benefits
Ex-Gratia / Bonus* - -
Employer contribution for PF 1,800 21,600
Employer contribution for ESI - -
National Pension Scheme - -
Sub Total - [C] 1,800 21,600
Fixed CTC - [D] = [ A + B + C ] 50,000 6,00,000
Net Take Home [Subject to TDS/Attendance] 46,400 5,56,800
Annual Performance Linked Incentive (PLI) [E]** - 60,000
Total Compensation - 6,60,000

Notes: Additional Benefits / Information


Group Medical Insurance (family floater) Rs.200000/- (Rs.Two Lakhs only)
Gratuity As Per The Gratuity Act.
TDS Deduction Subject to submission of income tax proof and previous company Income statement / Form 26AS
*Subject to Statutory Norms
** The Annual Performance Linked Incentive (PLI) shall be payable based on Individual Performance and Overall Performance of the
Company against set promises and shall be disbursed on yearly basis to the employees on the rolls of the company at the time of
disbursement.
Change in Compensation structure is on discretion of Company
All future increments and corrections (if any) will be based on Fixed CTC ONLY.
Salary to be kept confidential and not to be disclosed to anybody under any circumstances except to the designated officials in HR

This is electronically generated document hence does not required any signature

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