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IncrementLetterforFY2019-20.pdf1597995258
IncrementLetterforFY2019-20.pdf1597995258
It is genuinely a fact that the overall performance of an organization is the result of collective
efforts of its employees. You as an esteem employee of Adani Wilmar Ltd contributed
significantly in recording an outstanding company performance in the year 2019-20.
We are pleased to share an evaluation of your performance for the year 2019-20, which has
been derived basis constant reviews on your contribution towards achieving the desired
organizational goals.
Your performance during the year 2019-20 has been rated as ‘Outstanding’ and you are
upgraded as Associate Officer - Utilities in the S5 Grade.
Accordingly, your total compensation has been raised by Rs. 79949/- per annum, which
includes a salary correction of Rs.36000/-. with this, your total compensation now amounts to
Rs.542568/- per annum w.e.f. 1st April 2020. For your reference the detailed revised salary
break-up is given in Annexure-I as an attachment.
You are also, eligible for Variable Pay for the year 2019-20 based on the BU, SBU and your
Individual performance. Accordingly, you will be paid Variable Pay Amount of Rs.40471/- as per
approved Variable Pay Plan.
It’s the future that is going to be very different and challenging as the world around us is
transforming more rapidly than ever before. Therefore, it is of paramount importance for all of
us to vouch for more efficient way to execute our deliverables and ‘Scale Up’ to achieve
greater heights going forward.
Your compensation details are personal and confidential, hence, not be shared or disclosed
with others.
I want to thank you for your valuable enterprising support to the organization and wish you all
the very best.
Yours faithfully,
Sidhartha Ghosh
Chief Human Resources Officer
Encl: Annexure-I.
Registered Office: Fortune House, Nr. Navrangpura Railway Crossing, Ahmedabad 380 009, Gujarat, India
Date: 27/07/2020
Emp. Code: 30013651
Annexure – I
Revised Compensation
* Also you are being paid Variable Pay Amount of Rs.40471/- as per approved Variable pay Plan.
Yours faithfully,
Sidhartha Ghosh
Chief Human Resources Officer
PS: "Your compensation details are personal and confidential, hence, not be shared or disclosed with others."
Registered Office: Fortune House, Nr. Navrangpura Railway Crossing, Ahmedabad 380 009, Gujarat, India