From: Sharat.Chojar [mailto:Sharat.Chojar@electrotherm.com]

Sent: 30 January 2023 12:37
To: Sanjay.joshi@electrotherm.com
Cc: suraj.bhandari@electrotherm.com
Subject: RE: Incentive calculations

I had got these figures after discussing with Mr Manoj , Mr Harish Mukati and the
amount received by our various colleagues across the company.

The data is available in Mr Manoj’s laptop

SHARAT CHOJAR

From: Sanjay.joshi@electrotherm.com [mailto:Sanjay.joshi@electrotherm.com]

Sent: 30 January 2023 12:33 PM
To: 'Sharat.Chojar'
Cc: suraj.bhandari@electrotherm.com
Subject: RE: Incentive calculations

Sir,

Can you share frame work which was prepared before 2019 for the same ?

Sanjay Joshi

From: Sharat.Chojar [mailto:Sharat.Chojar@electrotherm.com]

Sent: 29 January 2023 12:31
To: 'Sanjay Joshi'
Cc: suraj.bhandari@electrotherm.com
Subject: Incentive calculations

Dear Mr SANJAY JOSHI

Good Day

I have gone through the details of the previous year’s (2019 and earlier ) Incentive
schemes and based on that I am recommending

the following data for Incentive calculations for all last 3 years i.e from 2019 and upto
2022.

Sr. No.

Department

Annual Incentive

1.

Production / Planning / Dispatch / Design / Purchase / Account / HR / HO & Branch

office staff etc

10 % of CTC

2.

Sales & Service Team   

18 % of CTC

3.

Spares

18 % of CTC

4.

HOD’s ( Accounts / Dispatch / Planning / Design/ Procurement/ HR /)

 12 % of CTC

5.

Leadership  Team ( NBD / M/ HM / SK / SC/ VS / TJ / DMC )

I will send separately

Regards

SHARAT

From: Sanjay.joshi@electrotherm.com [mailto:Sanjay.joshi@electrotherm.com]

Sent: 23 January 2023 12:09 PM
To: Sharat Chojar
Cc: Suraj Bhandari
Subject: Incentive Calculation / Scheme

Sir,

As discussed, pl. share Incentive scheme for the last three years so that we can do the
calculation accordingly.

Sanjay Joshi