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Band: E1 Designation: SOFTWARE ENGINEER Issued Date:Tuesday, May 04, 2010
TOTAL: Monthly (A) TOTAL: Monthly : Annualised (B) Annual Components (In Rs.)
Provident Fund Social Security & Health Benefits Gratuity
22183 266196
21805
12000
TOTAL: Variable Components : (D) Cost to Company (B) + (C) + (D) $ INSURANCE & MEDICAL BENEFITS (in Rs.)
Domiciliary expenses reimbursement limit Hospitalization cost reimbursement limit Term life Insurance Cover Disability cover due to accident (upto)
12000
300001
The premium shown is at default as per the Company Medical Scheme Policy. This will depend on the extent of coverage that you would opt for as per the policy. Based on your selection of dependents towards the coverage, following will be the treatment: 1. If the premium% is less than default, the difference will be paid out along with your Management / Lifestyle Allowance 2. Premium% can be more than default based on number of members you would like to include in the coverage. The details for selection of dependents for coverage will be available to you at the time of your joining. + Year-end Performance Bonus is not payable on prorate basis in the event of employee leaving the organization prior to the completion of the performance review cycle. $ Holiday Allowance can be converted into LTA. Please refer guidelines and contact the respective HR Representative. ### Your CCA amount will be subject to your working location - City / Zone classification as per the CCA Policy. CCA component will subject to change if there is a change in your band or working location (City) Relocation expenses will be applicable as per Relocation Expenses for New Employees Policy on NATASHA which will be recovered if you leave HCL before 12 months of your joining.
NOTE :
All salary components are governed by the company policies and statutory guidelines. This salary sheet is strictly confidential and must not be discussed with anyone other than your HCLT Reporting Manager All personal tax liability arising out of compensation and joining expense (if any) will be borne solely by the employee.