Conne QT

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07-Mar-2024

Priya Singh
Room ,2314 chinch pada airoli Navi Mumbai
Airoli maharashtra - 400708,
India.

Dear Priya,
Sub: Employment Letter

With reference to your application and subsequent interactions we are pleased to offer you an Employment as
Customer Service Associat in the Collections Function with Quess Corp Limited (Division - Conneqt
Business Solutions) (The Company) with effect from 07-Mar-2024 on the following terms and conditions.

You will be paid an Annual Gross Salary of ₹ 2,38,224/-. In addition to the above, you will be covered under PF,
ESI, Bonus, Gratuity etc., if applicable as per law. Based on the present applicability your annual CTC would be
₹269000/-. This may undergo change in view of the changes in the laws. Detailed break-up of the monthly and
annual CTC is annexed to this letter as “annexure A”.

Please note that the information pertaining to remuneration and benefits payable to you is CONFIDENTIAL and
should not be shared with anyone other than the authorized representative(s) of the Company.

The above-mentioned offer shall be valid if you join us on 07-Mar-2024. Should you have any further queries,
please feel free to contact our Recruitment Team.

You will initially be posted at our Maharashtra / Mumbai-Airoli Office. The Company may transfer your services to
any of the existing office(s)/ department(s) / division(s) / Section(s) / establishment(s) of the Company including any
of its subsidiaries / holding / associate company or that may come into existence in the future in India or abroad.
Your transfer shall be governed by the Company’s Transfer Policy and Regulations, as may be in force from time to
time.
You will be working on flexible timings as may be decided by the Company.

Your joining shall be subject to you submitting the following documents (originals to be presented)

Photo ID & Address • Passport Size photo | PAN Card | Aadhar Card |Voter ID |Driving License |Passport |Leave
Proof: and License Agreement copy where applicable.
• 10th and 12th Marksheet/Board Certificate.
Education Proof:
• For Diploma/Graduation/PG require Semester wise marksheets & Passing Certificates.
Experience Proof: • Offer Letter & 3 Month Salary Slips / Reliving Letter / Experience Letter.
Bank Account Details: • Passbook / Cancelled Cheque with your name printed on the cheque.

If you're selected for a Collections Process, kindly ensure you acquire your Police Verification Certificate upon
joining. Should you not share the verification within 15 days of joining, we'll proceed with the verification on your
behalf, with related charges deducted from your salary.

For Quess Corp Limited

Anuja Niyogi
Associate Vice President | Human Resource
Conneqt Business Solutions

Quess Corp Limited


REGD, OFFICE: Quess House, 3/3/2, Bellandur Gate, Sarjapur Main Road, Bangalore-560103, Karnataka, India| TEL: +91 80 6105 6001
DIVISIONAL OFFICE: Krimson Square, 31/9, 3rd floor, Roopena Agrahara, Hosur Road, Bangalore-560068 | TEL: +91 40 66951733
CIN: L74140KA2007PLC043909

www.quesscorp.com; www.conneqtcorp.com
You will be on probation for a period of 3 Months months from the date of your joining the Company, post which
you will be deemed confirmed unless you receive an extension of probation in writing. During Probation period your
notice period would be for 15 days prior notice by either side. Upon completion of Probation period; your
employment with the Company can be terminated upon 30 Days prior notice by either side. However, the
Company reserves the right to, at its sole discretion; substitute the 30 Days prior notice by paying you salary for 30
Days in lieu thereof. Though if not certified during the training period the company has the complete rights to
terminate the employment without any prior notice. Your termination/ resignation letter, (by whatever name called)
will be accepted by the Company only on your satisfying the 30 Days notice period as stated in this Clause.
Further, till such time as the Company accepts your separation & relieves you of the responsibilities, you will be
deemed to be an employee of the Company and the terms and conditions of your employment shall continue to
bind you.

In the event of separation, for any reason whatsoever, within a period of 12 months from your date of joining, all
expenses incurred by company or reimbursed to you upon joining/ in connection with your joining shall be
recovered from you. The company also reserves the right to recover the training expenses incurred.

You will be on probation for a period of 3 Months months from the date of your joining the Company, post which
you will be deemed confirmed unless you receive an extension of probation in writing.

This overrides all verbal commitments made. Please sign and return the duplicate copy of this letter in token of your
acceptance of the terms described in this letter.

Looking forward to a mutually beneficial association.

Welcome once again and wishing you the best time ahead!!!

For Quess Corp Limited

Anuja Niyogi
Associate Vice President | Human Resource I accept the terms of this letter
Conneqt Business Solutions
-----------------------------------

Quess Corp Limited


REGD, OFFICE: Quess House, 3/3/2, Bellandur Gate, Sarjapur Main Road, Bangalore-560103, Karnataka, India| TEL: +91 80 6105 6001
DIVISIONAL OFFICE: Krimson Square, 31/9, 3rd floor, Roopena Agrahara, Hosur Road, Bangalore-560068 | TEL: +91 40 66951733
CIN: L74140KA2007PLC043909

www.quesscorp.com; www.conneqtcorp.com
ANNEXURE A
You will be entitled to the following remuneration effective your date of joining.
Amount (₹) Amount (₹)
Component
Per Month Per Annum
A. Fixed Pay
Basic Salary 7,146 85,752
House Rent Allowance 5,002 60,024
Advance Statutory Bonus 1,218 14,616
Other Allowance 4,486 53,832
Collections Skill Allowance 2,000 24,000

B. PERFORMANCE PAY : Not Applicable 0/- per annum

C. GROSS (A+B) 19,852 2,38,224


D. BENEFITS
PROVIDENT FUND - Company Contribution (As per the PF Act; 12% of salary
components specified by PF authorities and it will be paid to PF Department towards
1,396 16,752
Company's Provident Fund Contribution. As per the act, you will contribute the same
amount as employee contribution)
GRATUITY (As per the Gratuity Act. This amount will go towards the gratuity fund and
344 4,128
will be paid to you on completion of 5 years with the company) - 4.81% of Basic Salary
ESI -Company Contribution (As per the ESI Act, company shall contribute 3.25% of
your monthly gross for ESI. This amount is directly linked to your monthly gross and may 645 7,740
hence vary. As per the act, 0.75% of your monthly gross will be recovered towards you.
Insurance (You will be covered under insurance as per the company policy and can
180 2,160
change as per the management discretion)
E. Employee Contribution
PROVIDENT FUND - Employee Contribution (As per the PF Act; 12% of salary
components specified by PF authorities and will be paid to PF Department towards 1,396 16,752
employee's Provident Fund Contribution.
Insurance Contribution : Self + Spouse + 2 Children 100 1,200
ESI - Employee Contribution (As per the ESI Act, employee shall contribute 0.75% of
your monthly gross for ESI. This amount is directly linked to your monthly gross and may 149 1,788
hence vary.
F. Net Salary.
TAKE HOME - With Average PMI : (C - E) 18,207 2,18,484
TAKE HOME - Without PMI : (C - B - E) 18,207 2,18,484

G TOTAL COST TO COMPANY (C+D) 22,417 269000


Note : # Performance Pay shall vary based upon your Performance Rating.
# Other Statutory deductions Like (P-Tax / Income Tax) will be deducted as per Government norms OR basis your
taxable income,
For Quess Corp Limited

I accept the terms of this letter


Anuja Niyogi
Associate Vice President | Human Resource
Conneqt Business Solutions -----------------------------------

Quess Corp Limited


REGD, OFFICE: Quess House, 3/3/2, Bellandur Gate, Sarjapur Main Road, Bangalore-560103, Karnataka, India| TEL: +91 80 6105 6001
DIVISIONAL OFFICE: Krimson Square, 31/9, 3rd floor, Roopena Agrahara, Hosur Road, Bangalore-560068 | TEL: +91 40 66951733
CIN: L74140KA2007PLC043909

www.quesscorp.com; www.conneqtcorp.com
Terms and Conditions of Employment

This appointment is subject to your not being a partner or relative of a Director of the Company within the meaning
of Section 314 of the Indian Companies Act, 1956. Should any such relationship exist, you will bring forth the same
to our notice immediately and we shall intimate to you the necessary approvals/ permissions required for your
employment. In such an event you will be able to join the company only after all permissions/ approvals are
obtained.
As an employee, you will be privy to sensitive and commercially valuable information concerning company and
business. Such information is deemed to be the property of the company and must not be disclosed during or after
this employment to any third party without prior written consent of the company. Hereby, you undertake to
indemnify the company and its affiliates from any loss or damage arising from any breach of this undertaking.

You are forbidden to engage yourself in any other trade, or profession directly or indirectly and whether for gainful
purpose or otherwise. Should you wish to pursue academic advancement, you will have to obtain a written
permission for the same and ordinarily it shall be allowed provided it does not adversely affect your work-place
responsibilities/ discharge of duties.

Please note that in the event of misconduct on your part, including but not limited to absenting yourself without prior
sanctioned leave or harassment (sexual or otherwise) meted out to any other employee, the company may
terminate your employment Please note that if the employment is terminated on account of disciplinary action
against you, the clause relating to 30 Days’ notice period is not applicable.
During the period of your employment inventions, creations, discoveries, patents, copyrights, shall become the
property of the Company. You will not have any right to claim the ownership of it and assign the same to the
Company.
Your appointment is contingent upon successful completion of Background verification. The background checks are
not restricted to education and employment but to all aspects as per the appropriate selection procedure. Please
note that furnishing of false information or suppressing any facts is a disqualification for employment in this
Company. Should such an act come to our notice at any time during the period of your employment in the
Company, your services will be liable to be terminated with immediate effect.
You will superannuate from the services of the company on attaining the age of 58 years without any notice
whatsoever from the company in this behalf.

The above-mentioned does not purport to be exhaustive employment terms. You will be governed by the rules and
regulations laid by the company from time to time. The afore mentioned terms and other rules & regulations shall
remain current and binding until you are separated from the Company by way of a written agreement/ letter issued
to you.
This overrides all verbal commitments made. Please sign and return the duplicate copy of this letter in token of your
acceptance of the terms described in this letter. Should there be any dispute with regard to the terms stipulated
herein, the same shall be resolved in accordance with the laws of India and any dispute/ reference to this shall be
dealt at Hyderabad (Telangana) under the exclusive jurisdiction of the Courts of India.

I have read through the above terms and conditions of employment and hereby accept.
Name: Priya Singh Signature: Date:

For Quess Corp Limited

Anuja Niyogi
Associate Vice President | Human Resource
Conneqt Business Solutions

Quess Corp Limited


REGD, OFFICE: Quess House, 3/3/2, Bellandur Gate, Sarjapur Main Road, Bangalore-560103, Karnataka, India| TEL: +91 80 6105 6001
DIVISIONAL OFFICE: Krimson Square, 31/9, 3rd floor, Roopena Agrahara, Hosur Road, Bangalore-560068 | TEL: +91 40 66951733
CIN: L74140KA2007PLC043909

www.quesscorp.com; www.conneqtcorp.com

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