Professional Documents
Culture Documents
571759
571759
Congratulations!
The Management of Aditya Birla Sun Life Insurance Company Limited is pleased to inform you that you
have been Promoted to “Senior Priority Relationship Manager” (Job Band 11, JB designation: Assistant
Manager) with effect from May 01, 2023.
Your Fixed Compensation has been revised to Rs. 500,000/- with effect from May 01, 2023. Please refer
to the attached annexure for a detailed breakup of the revised compensation structure.
All components as mentioned in the salary annexure sheet are to be treated as Strictly Confidential and
will be governed by the policies of the Organization as applicable. All other terms of your employment
remain unchanged.
Prasad Kakkat
Head – Sales HR
Encl. Annexure A
Annexure A
Monthly Annually
Salary 13,125 157,500
Basic Salary 13,125 157,500
Allowances & Reimbursements 24,711 296,528
Special Allowance 17,948 215,372
Education Allowance 200 2,400
Housing Rent Allowance 6,563 78,756
Guaranteed Cash 37,836 454,028
Advance Against Statutory Bonus 1,400 16,800
Retirals 2,431 29,172
Provident Fund (Co. Contribution) 1,800 21,600
Gratuity 631 7,572
Fixed Compensation 41,667 500,000
Remarks:
Taxes, if applicable, will be borne by the employees as per the norms.
This document is confidential as per the Aditya Birla Sun Life Insurance Company's Information Classification Policy