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Offer Letter

Nirisha Gowda has been offered the position of Senior Developer - Pega at Kastech Software Solutions, starting on May 8, 2024, with a remote work location and a salary of Rs. 13,00,000 per annum. The offer includes a probation period of six months and requires submission of various documents upon joining. The offer is valid for acceptance for seven business days and may be revoked if discrepancies are found in the submitted documents.

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

Offer Letter

Nirisha Gowda has been offered the position of Senior Developer - Pega at Kastech Software Solutions, starting on May 8, 2024, with a remote work location and a salary of Rs. 13,00,000 per annum. The offer includes a probation period of six months and requires submission of various documents upon joining. The offer is valid for acceptance for seven business days and may be revoked if discrepancies are found in the submitted documents.

Uploaded by

arjunreddy9166
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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​April 30, 2024

Ms. Nirisha Gowda P


3.3-12,Yenugulabhavi,
Mungamuru,Bogole,
Kavali, Nellore - 524142.

Dear Nirisha Gowda,

Congratulations! We are pleased to offer you employment in the capacity of Senior Developer -
Pega at Kastech Software Solutions India Pvt. Limited (Kastech), Hyderabad. We feel that your
skills and background will be an asset to our organization.

Futher to our discussion, your starting date of employment will be Wednesday, 08 May, 2024
and your work location would be remote, and if necessary for business, you would need to
report to the office and your working hours from the start date of your employment will be (2PM
IST to 11PM IST). However, the company reserves the right to change your shift hours and
duties as it deems necessary. Your employment with Kastech will be governed by terms and
conditions as mentioned in the Appointment Letter which will be issued after joining.Your
employment for the first six (6) months will be on probation and will be confirmed in writing.

Your annual Cost to Company [CTC] will be Rs. 13,00,000.00/- (Thirteen Lakhs Rupees only).
You will be eligible for performance based salary hike after completion of a minimum of 12
Months employment with Kastech.

At the time of joining, you are required to submit copies of the following:

● Certificates supporting your educational qualification.


● 6 passport size photographs & a scan copy also.
● Schooling certificates / Passport in support of your age
● Your last 3 months salary slip & bank statement.
● Form 16 from last fiscal year & current year from your last employer (If applicable)
● Relieving letters & service certificates from your present & previous employers

This offer has been made based on the information furnished by you during the discussions
with our Technical and HR teams and the documents submitted by you and contingent upon you
continuing your services at Kastech for a minimum period of years from the date of your
employment. However, if there is a discrepancy in the documents/certificates submitted by you
as a proof in support of the above or in the performance expectations, the company shall have
the right to revoke your Appointment within 30 days from the date of your joining.

This offer letter is valid for acceptance up to seven (7) business days, thereafter unless and until
we extend the date through written communication the offer stands automatically withdrawn.

We look forward to welcoming you as a new employee at Kastech.

Yours Sincerely,

Sirisha Pothula
Recruiting Manager Employee:
ANNEXURE – A
Salary Annexure

Employee Nirisha Gowda P


Date of Joining Wednesday, 08 May, 2024
Salary Component Monthly Yearly
Fixed Component- Part A
1 Basic Pay 48750.00 585000.00
2 HRA 19500.00 234000.00
3 City Compensatory Allowance 1000.00 12000.00
4 Medical 1250.00 15000.00
5 Conveyance Allowance 1600.00 19200.00
6 Cell Phone Allowance 1000.00 12000.00
7 Meal Coupons* 2200.00 26400.00
8 Special Allowance (SA) 31233.33 374800.00
Gross Pay 106533.33 1278400.00
9 Company PF Contribution 1800.00 21600.00
Variable Pay (If Applicable)- Part B
10 Variable Pay (Part B) 0.00 0.00

Fixed Compensation (Part A) 108333.33 1300000.00


Total Cost to the Company (CTC) (PartA+B) 1300000.00
Benefits:
11 Company ESI Contribution 0.00 0.00
12 Health Insurance 0.00 0.00
13 Accidental Insurance 0.00 0.00
Deductions:
14 Professional Tax 200.00 2400.00
15 Employee ESI Contribution 0.00 0.00
16 Employee PF Contribution 1800.00 21600.00
17 Income Tax as Applicable
Total Deductions: 2000.00 24000.00

Net Take Home 104533.33 1254400.00

Employee:
● Tax will be deducted as per IT rules
● You can restructure the Flexible Benefit Plan against various elements - Medical
Reimbursement, Food and Gift coupons amount in line with the company guidelines.
● Meal Coupons - Mandatory for Gross Pay above 30000/- Per Month* which will be
deducted from your Salary
● You will be covered by Mediclaim insurance under the Group Hospitalization
scheme of the Company.

Accepted by: Date of acceptance: _______________

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