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    Financial Stability

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    vinayakrsutar
    An employee named Ambuj Bhatt currently earns an annual CTC of Rs. 23 lakhs including bonus. He is proposed to be promoted to Grade 08 as a Technical Consulting Engineer with a tentative start date of July 25th. His new overall annual CTC would be Rs. 27.3 lakhs including an annual base salary of Rs. 12.08 lakhs, bonus of 7% or Rs. 1.69 lakhs, and PF contributions of Rs. 1.44 lakhs. He will also receive a sign-on amount of Rs. 4.5 lakhs paid out over 2 years.

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    Financial Stability

    Uploaded by

    vinayakrsutar
    9 views1 page
    An employee named Ambuj Bhatt currently earns an annual CTC of Rs. 23 lakhs including bonus. He is proposed to be promoted to Grade 08 as a Technical Consulting Engineer with a tentative start date of July 25th. His new overall annual CTC would be Rs. 27.3 lakhs including an annual base salary of Rs. 12.08 lakhs, bonus of 7% or Rs. 1.69 lakhs, and PF contributions of Rs. 1.44 lakhs. He will also receive a sign-on amount of Rs. 4.5 lakhs paid out over 2 years.

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    Financial Stability

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    An employee named Ambuj Bhatt currently earns an annual CTC of Rs. 23 lakhs including bonus. He is proposed to be promoted to Grade 08 as a Technical Consulting Engineer with a tentative start date of July 25th. His new overall annual CTC would be Rs. 27.3 lakhs including an annual base salary of Rs. 12.08 lakhs, bonus of 7% or Rs. 1.69 lakhs, and PF contributions of Rs. 1.44 lakhs. He will also receive a sign-on amount of Rs. 4.5 lakhs paid out over 2 years.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    9 views1 page

    Financial Stability

    Uploaded by

    vinayakrsutar
    An employee named Ambuj Bhatt currently earns an annual CTC of Rs. 23 lakhs including bonus. He is proposed to be promoted to Grade 08 as a Technical Consulting Engineer with a tentative start date of July 25th. His new overall annual CTC would be Rs. 27.3 lakhs including an annual base salary of Rs. 12.08 lakhs, bonus of 7% or Rs. 1.69 lakhs, and PF contributions of Rs. 1.44 lakhs. He will also receive a sign-on amount of Rs. 4.5 lakhs paid out over 2 years.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 1

    Ambuj bhatt

    Current CTC: 23 including bonus


    Proposed Grade : 08
    Job Profile: Technical Consulting Engineer
    Bonus: 7%
    Tentative DOJ : 25th Jul
    Over all CTC : Annual Base + Bonus + PF

    CTC Breakup in INR


    Annual Gross 24,16,000
    Basic 12,08,000
    PF 1,44,960
    Incentive(Bonus) 1,69,120
    CTC 27,30,080

    Having 10yrs exp total, due for next hike on the month of Aug

    Adding 4.5 lakhs sign-on amount to be given in 2 yrs

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