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    Offer Leter 63

    Uploaded by

    safras4s

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Offer Leter 63

    Uploaded by

    safras4s
    5 views1 page

    Copyright

    © © All Rights Reserved

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    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    5 views1 page

    Offer Leter 63

    Uploaded by

    safras4s

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    You are on page 1of 1

    PERFORMANCE PAY

    Monthly Performance Pay


    You will receive a monthly performance pay of `1,700/-. The same will be reviewed on
    completion of your first Anniversary with the company and will undergo a change basis your own
    ongoing individual performance.

    Quarterly Variable Allowance


    Your variable allowance will be `600/- per month, and will be paid at the closure of each
    quarter based on the performance of the company and your unit and to the extent of your
    allocation to the business unit.

    Quarterly Variable Allowance is subject to review on your first anniversary and may undergo a
    change based on the actual performance of the Company, your business unit and your own
    ongoing individual performance. The payment is subject to your being active on the company
    rolls on the date of announcement of Quarterly Variable Allowance.

    This Pay/Allowance shall be treated as productivity bonus in lieu of statutory profit bonus.

    Performance Pay will be effective upon successful completion of the TCS Xplore Programme.

    CITY ALLOWANCE
    You will be eligible for a City Allowance of `200/- per month. This is specific to India and is
    linked to your base branch. In the event of a change in your base branch this amount may
    undergo a change. It will stand to be discontinued while on international assignments. This
    allowance is fully taxable and subject to review.

    XPLORE/ LEARNING INCENTIVES


    You will be eligible for Readiness Incentive AND/ OR Competency Incentive, basis your
    performance in TCS Xplore Program. The incentives gives you an additional earning potential of
    upto Rs.60,000 over and above your CTC during the first year.

    OTHER BENEFITS

    Health Insurance Scheme


    TCSL brings the benefit of health insurance cover to you and your dependants under the
    company's Health Insurance Scheme(HIS).

    HIS offers the following benefits:

    TCS Confidential 3
    TCSL/CT20203071215

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