GET - Indicative Compensation Details - B.

Techs

GET Total Pay Details - B.Tech Degree Indicative Take Home Salary Details - GETs - B.Tech Degree

Amount in Rupees Amount in Rupees

On Joining Fixed Pay - Rs. 7.50 lacs p.a. Particulars Per Annum Per Annum Remarks
(Month 1 to 12) (Month 13 onwards)

Fixed Pay - Rs. 8.00 lacs p.a.

ACB - Rs. 0.88 lacs p.a.
On Completion of Comprises of Basic Pay & employer's contribution towards
Will be confirmed in Grade "J" on successful Base Pay 300,000 320,000
12 months PF & Gratuity.
completion of Training & Validation
Post confirmation you will become eligible for
annual increment and bonus, as per company
policy

Group Personal Accident Insurance worth Rs 25

Lacs p.a. An employee can distribute among the following Tax
Friendly elements - HRA, LTA, Conveyance Allowance,
Floater Mediclaim policy - Total coverage INR 5 Standard Medical Domiciliary Expenses, Office Wear
Medical &
Lakhs, Plus Additional floater Mediclaim policy of Choice Pay 450,000 480,000 Allowance, Children Education Allowance, Food & Beverages
Insurance
INR 5 Lakhs. Coupons, Gift Vouchers, and Fuel & Maintenance Expenses.
Coverage for Family of 7 members (Max) - Self, Balance unchosen amount will be paid as "Residual Choice
spouse, 3 dependent children (up to 25 years), 2 Pay".
dependent parents

One-Time Deferred Bonus of Rs. 3 Lacs on

Bonus Fixed Pay (i) 750,000 800,000
completion of 2 years post confirmation

Mandatory Debits

All Employees are mandatorily covered under the Group

Personal Accident
679 679 Personal Accident Insurance scheme. The sum insured is
Insurance (A)
upto INR 25 lakhs.

Hospitalisation Insurance Floater Mediclaim policy - Total coverage INR 5 Lakhs, Plus
for Self, Spouse, Additional floater Mediclaim policy of INR 5 Lakhs.
41,190 41,190
Dependent Children & Coverage for Family of 7 members (Max) - Self, spouse, 3
Dependent Parents (B) dependent children (up to 25 years), 2 dependent parents

Group Term Life

All employees are mandatorily insured under Group Term
Insurance 3,688 3,688
Life Insurance.
(C)

Employees working at Manufacturing Sites are provided

Value of Uniform (D) 3,000 3,000
with 4 shirts & 3 trousers every year(varying Site wise)

Mandatory Debits (ii) 48557 48557 ii = (A+B+C+D)

Fixed Pay - Mandatory Includes IT Tax, Professional Tax, Employee Contribution to

701,443 751,443
Debits p.a. (i) - (ii) PF Etc.