zHealth Compensation & Benefits Summary for Campus Hiring (3-year Bond
clause in appointment letter)
Role- Software Development Engineer 1 (SDE1) Particulars Annual (in INR) Base Salary 1800000.00 Sign on Bonus -Second Year 200000.00 Sign on Bonus – Third Year 600000.00 Stock Compensation (or Cash in lieu of 1400000.00 Stocks)*** Grand Total 4000000.00 Base Salary Break Up
Pay Component Monthly (INR) Yearly (INR)
Basic 90000 1080000 House Rent Allowance 45000 520001 Conveyance Allowance 15000 180000 Gross/Base Salary 150000 1800000 Net Salary – it will apply after the deduction of Income Tax as per IT slabs in the above gross salary of INR 150000 monthly. **** Stocks Compensation (or Cash in lieu of Stocks) = Rs 14 Lakh (Vested over 4 years. 5% vested in 1st year 15% vested in 2nd year 40% vested in 3rd year 40% vested in 4th year