Samaresh ASM
Samaresh ASM
Samaresh ASM
Offer/Appointment Letter
. Term: The term of this letter having 7 pages would be for a tenure of 12 months, however it
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may be revised post 99 days from your date of joining. This Agreement will expire upon the
completion of this term unless revised in writing at the sole discretion of the company.
. Employment Relationship: Your employment relationship commences from the date of joining
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in the Company and there are following key phases:
a) Incubation Phase: You shall be in an incubatory phase for a maximum of thirty (30) days from
your date of joining. Within this, the company can anytime terminate you in case of you being
absent from duty with or without proper information for more than 1 day(excluding week-off) or in
case you fail to deliver a satisfactory performance in any or all of the speci ied metrics in this phase.
Hence, it is mandatory for you to successfully clear the Incubation phase by achieving the de ined/
communicated metrics, failing which, may lead to cancellation of this offer and/or seizure of any
remuneration for any number of days spent with the organization. The decision of the Company on
incubation clearance and/or termination shall be inal and binding on you.
b) Development Phase(Probation): Your performance will be closely monitored in the incubation
phase and post successful achievement of the milestones, you shall be on a development phase of
99 days from your date of joining, the period of which may/may not be further extended as per the
business requirements.
. BYOD Policy: As a condition of employment, you are required to utilize your own laptop,
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android phone, of icial sim card and stable broadband connection for the duration of your
employment.
Barsati Floor, 521, Dr. Mukherjee Nagar, North Delhi, Delhi, 110009.
Phone : +91 7082189797 Email : [email protected]
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CAREERWILL INFORMATION CENTRE PRIVATE LIMITED
. Performance Metrics and Incentives: You will have to achieve a de ined revenue and non-
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revenue metrics within a stipulated time frame to judge your performance during the course of
employment with us. You need to follow the standard work hygiene policy as applicable for the
particular month. Please note that the Company’s incentive policy, its structure and your metrics
may be amended, based on the business requirements and the same shall be conveyed to you as the
company deems it to be suitable. Sales incentives earned will be paid in the subsequent month
based on the company's current incentive policy applicable for a speci ic duration.
. Cost to the Company: Your inancial compensation is INR 804000 per annum including INR
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120000 as annual performance pay based on your achieved metrics. Details in Annexure A and B.
. Deductions: The Company shall be entitled to deduct any kind of contractual, statutory and
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compulsory deductions from the above remuneration payable to you and any other applicable
penalties as per company policy. The income tax liability with regards to salary and perks will be
yours, and will be governed by the applicable tax laws of the country.
Barsati Floor, 521, Dr. Mukherjee Nagar, North Delhi, Delhi, 110009.
Phone : +91 7082189797 Email : [email protected]
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CAREERWILL INFORMATION CENTRE PRIVATE LIMITED
5. Indemnity: You hereby agree to indemnify and keep indemni ied and hold the Company
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harmless from and against any loss, claim, damage, costs, taxes, duties, additions, penalties,
interest thereon or expenses of any kind, including reasonable attorney’s fees, incurred/sustained
or caused to be incurred/sustained by the Company on account of:
a) Any act or omission by you;
b) Contravention of any of the terms, conditions, covenants of this letter or the Non-Disclosure
and Con idential Information Agreement;
c ) Any representation or warranty or information furnished to the Company found to be false;
d) Violation/non-compliance with any laws/rules/regulations while rendering the services;
e) Failure to adhere to the standards/speci ications/policies of the Company.
16. General Provisions:
a) You are required to devote your entire time, attention and effort to the furtherance of the
business of the Company and to continually develop your professional skills in the interest of the
Company and yourself. You shall not, during your employment with the Company, directly or
indirectly engage yourself in or devote any time or attention to any part-time employment or
business or position of monetary interest, other than that of the Company. Further, you shall not
divulge, communicate or pass any information in any form, related to any aspect of the Company
to anyone outside the Company.
) You shall endeavor to uphold the good image of the Company and shall never by your conduct
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adversely affect the reputation to bring disrepute to the Company, in any manner whatsoever, even
after separation from the organization. You shall not conduct yourself in any manner amounting to
breach of con idence reposed in you or inconsistent with the position of responsibility occupied
by you. You shall at all times deal with the Company’s money, material and documents with utmost
honesty and professional ethics.
c ) Your individual remuneration is purely a matter between yourself and the Company and has
been arrived at on the basis of our speci ic background and professional merit. The Company
expects that you maintain this information and any future changes to your remuneration, as
strictly personal and con idential.
) This letter constitutes the complete understanding between you and the Company regarding
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the terms of your employment with the Company. This supersedes any and all other agreements
made till date, either written or oral, between you and the Company regarding your employment.
) You will not borrow or accept any money, gifts, reward or compensation for your personal
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gains from or otherwise place yourself under monetary obligation to any person/client with
whom you may be having any kind of official dealings.
f ) All disputes arising herein shall be governed by the laws of India and the jurisdiction to
entertain and try such disputes shall vast exclusively in the courts of Delhi.
Barsati Floor, 521, Dr. Mukherjee Nagar, North Delhi, Delhi, 110009.
Phone : +91 7082189797 Email : [email protected]
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CAREERWILL INFORMATION CENTRE PRIVATE LIMITED
Annexure - A
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Barsati Floor, 521, Dr. Mukherjee Nagar, North Delhi, Delhi, 110009.
Phone : +91 7082189797 Email : [email protected]
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CAREERWILL INFORMATION CENTRE PRIVATE LIMITED
Annexure - B
Fixed
Basic This is the basic salary which is paid monthly and taxable.
Allowances
40 - 50% of the basic pay and is paid monthly and is taxable; tax
exemption is available subject to submission of original rent receipts and
HRA compliance with other requirements.
It is the portion of salary that you receive against your travel costs to and
Conveyance Allowance fro from office and home and is fixed as per the mentioned amount.
It is that portion of salary that you receive against your few other
Other Allowances allowances.
It is the portion of salary that you receive against your medical expenses
Medical Allowance incurred and is capped at the mentioned amount.
Variable
Paid quarterly and taxable; it is based on defined metrics if performance
Performance Linked Incentive is higher, the earning potential is higher.
It is that portion of salary that you receive against your travel costs for
official work, if any. For details, please refer to clause 10 of your offer
Reimbursements letter.
Retirals
Provident fund contribution is calculated @ 12% on basic salary as
employer's contribution and the same is deducted as employee’s
contribution on the entire basic salary as per the Employees Provident
Provident Fund Funds and Miscellaneous Provisions Act, 1952.
It is payable as per The Payment of Gratuity Act, 1972 and is calculated
Gratuity at 4.81% of basic salary.
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Barsati Floor, 521, Dr. Mukherjee Nagar, North Delhi, Delhi, 110009.
Phone : +91 7082189797 Email : [email protected]
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CAREERWILL INFORMATION CENTRE PRIVATE LIMITED
We are certain that you will ind learning, challenge and satisfaction in your association with us.
You are requested to submit a self attested copy of the below mentioned documents within 5 days
of your joining date:
Kindly indicate your agreement with the above mentioned terms and accept this offer, by signing
and dating the duplicate original of this letter and returning them to the Company.
Yours sincerely,
Barsati Floor, 521, Dr. Mukherjee Nagar, North Delhi, Delhi, 110009.
Phone : +91 7082189797 Email : [email protected]
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