OFFER OF EMPLOYMENT
MR. ANKUR KUMAR
Sub: Offer letter
Dear, MR. ANKUR KUMAR
Thank you for investing your time to pursue an opportunity with TATA MOTORS LTD. 1st FLOOR ,
HANS STOEHR ROAD ,TELCO ,JAMSHEDPUR JHARKHAND -831004,INDIA
We are delighted in offering you an employment opportunity as R & D ENGINEER .
Following are the terms and conditions associated with your employment:
You will receive a total compensation package of Rs. 3,44,400/- per annum. The breakup of
the compensation and benefits applicable to you is as per annexure 1.
mpensation package includes an amount of Rs 28 ,700/- per month as Variable Pay
which is an annual plan with an interim payout, subject to the organizational and individual goals
being met.
r the Company’s group insurance
plan. You and your family will be entitled to a comprehensive health insurance plan. The total
premium for these insurance coverage will be co-shared between you and the company and there will
be deduction from your monthly salary against your share towards the insurance premium.
Your initial place of posting will be in TATA MOTORS LTD. 1st FLOOR , HANS STOEHR
ROAD ,TELCO ,JAMSHEDPUR JHARKHAND -831004,INDIA
may invest in you by providing you specialized and/or certified job-related training. If you choose to
separate from the Company after undergoing the training (for a minimum period as may be
communicated prior to such training), Company has the right to recover any and all expenses expended
on your training including and not limited to associated expenses thereof.
on Company work and you will be reimbursed expenses as per company
policy.
details on the separation procedure/ process on the HR Policy section of the Intranet.
We are excited to have you join us and welcome you to the TATA MOTORS, family.
You are required to submit to us the following at the time of your joining:
ng letter from previous employer, if applicable
age and address if different from those mentioned in Passport or not having Passport
applicable)
Annexures:
1. Compensation break-up details
2. A note on your Total Rewards
3. Personal Data Form
_____________________________________________________________________________________
____ I have read, understood and accepted the above. I understand that the terms and conditions are
pre-conditions to my being offered employment with the Company. I am under no obligation or duress
to accept these terms and conditions of employment. I accept them of my own free choice and will.
Signature:
Name:
Date:
Expected date of Joining: 08-JUNE-2018
Name : MR. MR. ANKUR KUMAR
Designation: R & D ENGINEER .
Grade: M0
Gross Salary: 3,44,400
Base Salary: 3,15,000
Notes:
a) Taxes are applicable as per statutory rules
b) Flexible Benefit Package is payable towards salary components explained in the Total Rewards
annexure as per the company policy. The value of such benefits shall not exceed the amount mentioned
above under FBP.
c) Details of the other benefits are mentioned in the Annexure.
d) Variable pay is an annual plan with an interim midyear payout, subject to the organizational and
individual goals being met as per the Company’s Variable Pay Policy for the year.
e)Please note, there will be a monthly deduction from your salary as your contribution towards the
Group Medical & Personal Accident & Life Insurance.
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