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Sweta Yadav Offer Letter

BNP Paribas India Solutions Pvt. Ltd offers Mrs. Sweta Yadav a position as Assistant Manager in the Global Markets Operations Department with a Gross Cost to Company of INR 14,00,000 per annum. The offer includes various allowances and is subject to applicable taxes, with potential eligibility for a Performance Bonus. Mrs. Yadav is required to sign and return the acceptance letter to confirm her employment.

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0% found this document useful (0 votes)
289 views3 pages

Sweta Yadav Offer Letter

BNP Paribas India Solutions Pvt. Ltd offers Mrs. Sweta Yadav a position as Assistant Manager in the Global Markets Operations Department with a Gross Cost to Company of INR 14,00,000 per annum. The offer includes various allowances and is subject to applicable taxes, with potential eligibility for a Performance Bonus. Mrs. Yadav is required to sign and return the acceptance letter to confirm her employment.

Uploaded by

Sweta Yadav
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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The bank

BNP PARIBAS for a changing world


Strictly Private & Confidential

Mrs. Sweta Yadav

Dear Sweta,
With reference to your application for employment and the recent discussions you have had with us, we are pleased to
offer you employment with BNP Paribas India Solutions Pvt. Ltd ("Company") at our Mumbai office with Corporate Title
and Functional Title as Assistant Manager in the Global Markets Operations Department, you will be expected to carry out
duties appropriate to this appointment. Your employment will be subject to such Terms & Conditions as annexed herewith.
Your compensation will be on the basis of the "Cost to Company" (CTC) concept and is as detailed below. Accordingly, your
Gross CTC for the current year will be INR 14,00,000 per annum, inclusive of all, as shown in the table.
Income Head INR Per Annum
1. Basic 700,000
2. House Rent Allowance (HRA) 150,000
3. Executive Allowance 450,480
4. Conveyance 19,200
5. Leave Travel Allowance (LTA) 15,000
6. Medical Allowance 15,000
7. Provident Fund 36,000
8. Gratuity 14,430
Total Cost to Company 14,00,000

1. Your salary and benefits will be subject to applicable taxes which will be withheld by the Company from your
salary / bonus payment.
2. You may also be eligible to a Performance Bonus as per the Performance Management process of the Company.
The Bonus will be payable at the sole discretion of the Management and it will be subject to local taxes in India.
You have to be on rolls of the company and must not be serving notice period when the actual bonus payouts
are made; else you will not be eligible for the same.
3. You will be provided Provident Fund and related benefits as per the provisions of the Employees' Provident
Funds & Miscellaneous Provisions Act, 1952.
4. Gratuity benefit will be in accordance with the Payment of Gratuity Act, 1972.
Please sign and return the attached copy of this letter and its Annexures to signify your acceptance of the offer.

We welcome you to BNP Paribas India Solutions Pvt. Ltd. and wish you a long and successful career with us.

Yours sincerely,
For BNP Paribas India Solutions Pvt. Ltd.

Imran PATEL Foram PADIA


Senior Vice President - Human Resources Vice President - Human Resources

I accept this offer and will join not later than

Signature:

Name: Date:
BNP PARIBAS INDIA SOLUTIONS PRIVATE LIMITED
CIN: U72200MH2005PTC151S11
Regd fjice: Infinity Building No. 4. Unit No. 601, 6th Floor, Off Film City Road. Malad (East), Mumbai-400 097, INDIA. Tel.: 1 22
6271 0000 Website Address: http://indiasolutions.bnpparibas.com

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