Comensation Fitment

  • June 2020
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COMPENSATION FITMENT NAME MR RAHUL C SHAH FUNCTION LOGISTICS LEVEL M7 DESIGNATION SR. EXECUTIVE LOCATION AHMEDABAD COMPONENT OFFER (Rs) PA REMARKS BASIC 113832 HOUSE RENT ALLOWANCE 68299 60 % of Basic Salary TOTAT (A) 182131 FLEXI BENEFIT PAY CONVEYANCE ALLOWANCE 9600 VEHICLE REIMBURESEMENT FOOD COUPONS CHILD EDUC.ALLOWANCE MEDICAL REIMBURESEMENT 15000 PERSONAL COMP ALLOWANCE 105820 OFFICE WEAR REIMBURSEMENT LEAVE TRAVEL ALLOWANCE 3500 PROFESSIONAL EDUCATION ALLOWANCE F.B.T 0 TOTAL FBP (B) 133920 RETIRALS Company Contribution to PF 13659 PF/Employee's Scheme GRATUITY 4553 Annual Gratuity Cost to Comp. TOTAL(RETIRALS) (C ) 18212 TOTAL (A+B+C) 334263

PERFOMANCE PAY 0-5 MONTHS BASIC PAY (COMPUTED AT MIDPOINT) Total Cost To Company

This is the variable component of CTC and payout is decided bsed on the performance at Company. BU/circle and individual levels as per the 25737 company policy. 360000

Additional Medical & Personnal Accident Insurance cover as per the company policy. The Above Salary, Allowances & Reimbursements will as per the Company rules & subject to the prevailling Income Tax Rules as amended from time to time. For Drive India Enterprise Solutions Limited

(Bindu Ghag) Corporate HR Manager

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