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Adobe - Compensation Breakup - Member of Technical Staff

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41 views2 pages

Adobe - Compensation Breakup - Member of Technical Staff

fljnjqje qhjebchqc

Uploaded by

khushi059bteceai21
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Compensation Breakup - Member of Technical Staff

Jobcode/ Role: Member of Technical Staff


Compensation element Annual Value (INR)
Basic Salary 7,24,800
House Rent Allowance 3,62,400
Conveyance Allowance 3,77,400
Leave Travel Allowance 60,400
Fixed Salary (Base pay) 15,25,000
Annual Incentive Plan (Variable)* @ 10% 1,52,500
Total Target Compensation (TTC) 16,77,500
PF Contribution (Employer) 86,976
Gratuity** 34,863
Total Annual Earning Potential (Excludes Equity) 17,99,339
Equity Award (USD)*** USD 28500
Equity Award (INR) (Estimate based on current conversion rate) 23,65,000
Joining bonus 3,00,000
Deferred bonus (paid out after completion of first 12 months) 3,00,000
*Annual Incentive Plan is applicable to you. The amount & payout frequency is based on individual performance & management discretion.
**You will be entitled to gratuity benefits on completion of prescribed years of continuous service with us as per provisions contained in the
Payment of Gratuity Act, 1972.

***The Equity Award is a one-time grant. Dynamic value is in USD and based on current stock price. RSU vest 25% per year for 4 years from
date of grant, and grant is subject to Adobe Systems Incorporated Board approval. Adobe is traded on NASDAQ and stock price is subject to
change. This value is subject to changes in stock price & company policies.
Benefits Reimbursement

1. Educational Reimbursement
- USD 10,000 (INR 8,22,000 for the year)
Learning Fund
- Reimbursement on successful completion of a degree/ program
2. Professional Development
- USD 1,000 (INR 82,200 for the year)
- USD 600 (INR 48,900 for the year)
Pro-rated Wellbeing Reimbursement
- Reimbursement of wellbeing activities/ products (as per policy)
For additional and more details, please visit - http://benefits.adobe.com/in

Insurance - Health & Life


Hospitalization benefits with a 'Family Floater' maximum of INR 7L for the entire family
Group Health Insurance and a sublimit of INR 5L for parents (20% co-pay for all parent claims)
OPD Claims OPD cover up to INR 15,000 per family, on top of sum insured
Group Personal Accident Coverage -INR 40L for employees
Group Term Life Insurance Coverage - 3X of annual ficed salary (Base Pay); maximum of INR 3.5 Cr
Others
Up to 25% of annual fixed salary (Base Pay) up to an annual limit of $25,000 can be set
Employee Stock Purchase Plan aside for purchasing Adobe Systems Incorporated stock at a discount rate of 15%
Up to USD 7,200 per patent (split amongst active inventors) or USD 4,000 (single
Patent Bonus inventor); subject to filing and grant
Company matches the donation of an employee to a maximum of USD 10,000 per year,
Matching Gift Program towards an Adobe recognized charitable institution

Employee Assistance Program Counseling available for work life issues to help employees cope with stress situations

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