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Revised Offer Letter - ResolveTech

The document is a letter from ResolveTech Solutions India Pvt. Ltd. to Sayali Kad informing her that her yearly compensation has been revised to Rs. 4,72,500 effective April 1st, 2023. It thanks her for her contributions and commitment. An annexure provides details of her revised compensation package, which includes a basic salary, allowances, and benefits like PF contribution, group insurance, and leave travel assistance.

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0% found this document useful (0 votes)
686 views

Revised Offer Letter - ResolveTech

The document is a letter from ResolveTech Solutions India Pvt. Ltd. to Sayali Kad informing her that her yearly compensation has been revised to Rs. 4,72,500 effective April 1st, 2023. It thanks her for her contributions and commitment. An annexure provides details of her revised compensation package, which includes a basic salary, allowances, and benefits like PF contribution, group insurance, and leave travel assistance.

Uploaded by

sayali kad
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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CIN: U72200KA2015FTC079898

April 01, 2023

Employee Name : Sayali Kad


Employee No. : RTSI/073
Current Designation : IT Recruiter

Dear Sayali Kad,

Congratulations!!

It has been a fruitful 2022-23 for ResolveTech India (RTSI) and we would like to thank our employees for their
contributions and continued commitment in accomplishing business goals.

In recognition of your performance and contributions, effective from 1st April, 2023, your yearly compensation
is revised to Rs. 4,72,500/- (Rupees Four Lakh Seventy Two Thousand Five Hundred Only) per annum. All
matters relating to your remuneration are confidential between you and RTSI and should be treated as such.
Your revised Compensation structure is mentioned in the attached Annexure - I and is subject to deductions
as per applicable tax laws. All other terms and conditions of your employment remain unchanged.

At RTSI, we deliver superior solutions and value to our employees and customers. Our culture is built on
respect and creative collaboration to build an even stronger & better RTSI.

We thank you for your contributions and look forward to a continued association. Wish you a successful and
a bright career with RTSI.

Yours sincerely,
For ResolveTech Solutions India Pvt. Ltd.

Jayaprakash Tarugu
VP - Finance & Operations

Enclosures: Annexure - I: Compensation and Benefits Package (CTC Details)

Page 1 of 2

ResolveTech Solutions India Pvt. Ltd.


No. 125, Unit No.101, Palms Square, Brigade Road, Richmond Town, Bangalore – 560 025. © 2023 ResolveTech Solutions.
All rights reserved.
+91.966.376.3949 | [email protected] | www.resolvetech.com
CIN: U72200KA2015FTC079898

ANNEXURE I

COMPENSATION AND BENEFITS PACKAGE (CTC Details) effective from 1st April, 2023

Employee Name : Sayali Kad


Employee No. : RTSI/073
Current Designation : IT Recruiter

Amount (Rs.)
S. No. Salary Structure
Per Annum Per Month
I Gross Salary
Basic Salary 2,36,250 19,688
House Rent Allowance 1,18,125 9,844
Communication Allowance 36,000 3,000
Leave Travel Assistance 19,680 1,640
Special Allowance 40,845 3,403
Gross Salary (A) 4,50,900 37,575
II Benefits & Statutory
Employer Contribution - PF 21,600 1,800
Total Benefits & Statutory (B) 21,600 1,800
CTC = A + B 4,72,500 39,375

Note:
a) The above figure is gross compensation and is subject to the Statutory & Other Deductions - Provident
Fund (Employer & Employee Contribution) / Professional Tax / Income Tax as applicable.
b) As per company policy, you will be provided Group Personal Accident Insurance of Rs. 10.0 lacs.
c) As per company policy, you and your family members (Parents, spouse and 2 dependent children’s) will
be provided Group Mediclaim Insurance of Rs. 5.0 lacs.

Yours sincerely,
For ResolveTech Solutions India Pvt. Ltd.

Jayaprakash Tarugu
VP - Finance & Operations

Page 2 of 2

ResolveTech Solutions India Pvt. Ltd.


No. 125, Unit No.101, Palms Square, Brigade Road, Richmond Town, Bangalore – 560 025. © 2023 ResolveTech Solutions.
All rights reserved.
+91.966.376.3949 | [email protected] | www.resolvetech.com

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