Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                

Offer Letter2413

Download as pdf or txt
Download as pdf or txt
You are on page 1of 4

Date: February 29,2024

Dear Mohammed Arbaz


Sub: Offer of Appointment

Further to our discussion we are pleased to offer you the position of Assistant Client Partner at Prathik Gupta & Co
(“Company”), located at UP coomplex ( HQ ) , A9, Double Road, Indranagar,
Bangalore, Karnataka -560038, on the following terms and conditions:

a) Compensation: You will be paid a salary of Rs.5,92,814 /- per annum. Salary is computed on a Cost to Company
basis and the same is outlined in the attached annexure.

Appointment letter will be issued to you on the date of joining (29-Feb-2024).

You may be required to work from office or work from home, based on Company’s instructions from time to time for
any reasons whatsoever. Accordingly, you shall ensure that you have in place necessary facilities including, but not
limited to, broadband internet connection, network coverage, adequate workspace etc., at all times throughout your
employment association with the Company.

b) You will be eligible for the benefits of leave, Provident Fund, Gratuity, etc., in accordance with the applicable laws
and the rules of the Company.

c) You will be required to execute Standard Terms and Conditions of your employment and other related
Agreements, upon you joining the Company.

d) The certificates and the documents produced by you will be subjected to verifications and in case of any
discrepancies found during the scrutiny of the documents, the offer/employment extended by the Company shall
stand automatically withdrawn.

e) This Offer is valid until 14-Mar-2024 or for a period extended solely at the discretion of the Company, which would
be communicated to you in writing through e-mail. If you do not join the Company within the dates specified above,
then the offer shall automatically stand cancelled.

f) This offer letter and/or subsequent employment relationship between the Company and You, can be
revoked/terminated by the Company forthwith, at any time, due to any reasons whatsoever, so long as the reason for
such revocation/termination is not statutorily prohibited, unreasonable or otherwise unlawful”.

Kindly confirm your acceptance of the offer and the joining date by responding back to this e-mail before 11
am tomorrow.
We welcome you and we are confident that you will contribute in building Prathik Gupta & Co into a world-class
organization.
Sincerely,
For Prathik Gupta & Co

Authorised Signatory
I accept this offer and the terms and conditions attached.

……………………………… Encl.:

Signature of the Candidate 1. Remuneration Details and other benefits.

2. List of Documents to be submitted.


Annexure - I

NAME: Mohammed Arbaz


DESIGNATION: ASSISTANT CLIENT PARTNER
PROPOSED DATE OF JOINING: 29-Feb-2024

COMPENSATION DETAILS
NAME Mohammed Arbaz
DESIGNATION ASSISTANT CLIENT PARTNER
Per Month Per Annum
A Base Components
Basic 41,110 4,93,320
DA 0 0
HRA 6,891 82,692
Total 48,001 5,76,012
B Basket of Allowance
Transport Allowance 0 0
SDA 0 0
Special Allowance 220 2,640
Statutory bonus 200 2,400
Total 420 5,040

Total Gross * (A+B) 48,641 5,81,052


C Annual Benefit
Retention Incentive 980 11,760
ESI (Employer) 0 0
Total 980 11,760
D Retiral Benefits
PF - Company contribution 4,933 21,600
Gratuity 597 7,164
TOTAL CTC (A+B+C) & D 49,621 5,92,814
4sdssd

You are entitled to the following additional benefits, as applicable:

1. 13th Month Pay Scheme:


• The 13th months’ pay scheme shall be applicable only to all Band 1 employees of operations and service
quality department of the Accounts Receivable vertical. Pay out shall happen after completion of every one (1)
year of service in the Accounts Receivable vertical. Entitlement to pay out of 13th month pay shall be in
accordance with the Company’s policies.
2. Floating Medical Insurance:
• Married Employees: Floating Medical Insurance Coverage of Rs.1,00,000/- per annum for self and maximum of
three dependent coverage, which includes spouse and two children.
• Unmarried Employees: Floating Medical Insurance Coverage of Rs.1,00,000/- per annum for self and
dependent parents.
3. Personal Accident Insurance: Round the clock financial protection in case of an accident anywhere in India for
self only. Coverage limit: Rs.1,00,000/-
4. Provident Fund: Effective September 1st, 2014 - Provident Fund (PF) scheme has been amended to increase the
threshold of the wages for being eligible to benefits under the Provident fund Scheme to Rs.15,000/-. If your basic
salary is above Rs.15,000/- PF contribution shall be at Rs.1,800/- per month and if your basic salary is less than
Rs.15,000/- then PF shall be arrived at 12% of your gross salary (excluding HRA). Employer and Employee’s PF
contribution forms part of your salary structure mentioned above and is payable as per Employees Provident Fund
Act, 1952.
5. Change in statutory contributions:
Any changes in the rate of statutory contribution, on account of statutory increase or decrease in the take home
salary, shall be adjusted within the employee’s salary.

LIST OF DOCUMENTS TO BE SUBMITTED AT THE TIME OF JOINING

On the date of joining, it is mandatory for you to submit the photocopies of the following documents (Please do bring
the original testimonials for verification purpose):

a) Educational Certificates (Original & Xerox Attested Copies) and mark-sheets of PUC and Graduation.
b) Relieving Letter / Accepted Copy of the Resignation from Previous Employer
c) Experience Certificate from the previous employer.
d) Proof of last salary drawn (Copy of salary Certificate / Salary Slip)
e) Passport size photographs (3 nos.)
f) Copy of Aadhar card for Address Proof & ID Proof documents.
Annexure - II

1. BTO: I understand that, in the position I have been offered at Prathik Gupta & Co, I am expected to work from
within the assigned delivery centre(s) of Prathik Gupta&C and there will be no option given to work from home or
any other remote location.
2. Schedule adherence – Shift timing: I have been made aware of, and will follow, the specific shift timings
assigned for my work, and I understand that no change will be granted in the shift except based on business
requirements.
3. Performance: I understand that I need to meet performance targets.
4. Dual employment: I confirm that I am currently not employed with any other organization. I am aware of the dual
employment clause mentioned in the employment agreement.
5. Change in Work Location : I understand that change of Work location should be done after pay cycle. If done within

pay cycle from office-based to work-from-home or vice versa salary of working days will be sent in provident fund (PF)
6. Out of boundary: I am aware of the Nodal Point for the pick-up and drop facility, based on the location of my
residence, and I have accepted the same. I understand that transport facility will not be provided for out of
boundary limits.
7. No leaves after Training: I understand that I should avoid taking leaves during the training period/aftertraining barring leaves
for emergency which are duly approved per process.
8. Non-disclosure of compensation: I understand that my compensation amount and details are to be kept
confidential in all respects, and I shall not discuss them with my colleagues or any individual outside the
organization.

You might also like