SBI Performance Certificate
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Monika Gupta received a letter informing her of her compensation increment for 2013. Her basic salary was increased to INR 436,800 with a 12% provident fund contribution of INR 52,416. Her total fixed compensation for the year is INR 1,092,000. While 2012 presented business challenges, the letter expresses optimism for 2013 and looks forward to Monika's commitment to help achieve objectives for the year.
SBI Performance Certificate
- 1. Date : April 1,2013 Ref : HROI/88299463 Privileged and Confidential Name: Monika Gupta SSO ID: 324041717 Dear Monika, In recognition of your performance and contribution in 2012, we are pleased to share your compensation increment effective April 1, 2013. The details are attached in the annexure. Please do reach out to me or your HR Manager should you need any additional information. While we have seen a tough business and economic environment in 2012, GE in India has an extremely positive outlook for 2013. As we gear up for an exciting and promising year ahead, we look forward to your commitment and engagement to deliver on the objectives set for this year. Thank you for your contribution and wish you the very best. Best Regards, For SBI Cards and Payment Services Pvt. Ltd. Chada, Srinivasa Ram Prasad This is a system generated letter and hence does not require any signature
- 2. This is a system generated letter and hence does not require any signature Compensation & Benefits Statement Name: Monika Gupta Band: Professional Band Date Effective: April 1,2013 Component Amount per annum (INR) Remarks Basic Salary 436800 Provident Fund 52416 12% of basic salary Flexible Components 602784 Components to be determined by employee basis FBP guidelines. Total Fixed Compensation 1092000 - Variable Pay / Incentive Plan, where applicable to you, will be as per business guidelines - The amount mentioned above in the Flexible component can be assigned by you as per your Band eligibility. Details are mentioned on benefits.ge.com Note: You are hereby informed that the retirement age for all GE employees in India will be 60 years. The relevant clause in your appointment letter stands amended to this effect. This would be applicable to employees across all entities for GE in India. The retirement date will be the last working day of the month in which the employee completes 60 years of age. All other terms of employment as stated in your appointment letter remain unchanged.