Date: 06-July-2024
To
Himanshu Kumar
Executive
WAAS Sales
2500534
Sub: Annual Appraisal (FY 2023-24)
Dear Himanshu,
We have concluded our Performance Appraisal process for FY-2023-24 and as per our evaluation of your overall
deliverables, Your performance for the year has been "Outstanding".
In view of your valuable contribution to business performance during the year, we are pleased to revise your annual
compensation as per the details below with effect from 1st April 2024. Your revised Compensation and Benefits
structure is attached as Annexure I for your reference.
Components (Annual in Rs.) Current Increment Fitment Revised
Fixed 422,203 59,108 481,311
Variable Pay
Insurance 3,498 3,498
Total CTC 425,701 484,809
The year ahead is going to pose several challenges to achieve SAR mission 555, which will demand exceptional
performance & commitment from you and your team. We are confident that you will continue to demonstrate our
SAR Values AIM & ACT. We look forward to achieving new milestone together and take up your performance to even
greater heights.
Salary is confidential information hence please do not disclose the revised salary details with anyone except HR or
Reporting manager.
Wishing you all the best for the current performance year!! We look forward to an even greater contribution from
you in the future.
For Livpure Smart Homes Pvt. Ltd.
Saurabh Kumar Sinha
Head – Human Resources
ANNEXURE- I
Employee Name: Himanshu Kumar Department: WAAS Sales
Employee Code: 2500534 Designation: Executive
DOJ: April 07, 2022 w.e.f : April 01, 2024
Appraisal Period From : 01-Apr-2023 To : 31-Mar-2024
FY 2023-24 FY 2024-25
Salary Components Monthly Annual Monthly Annual
Salary Emoluments (A)
Basic 14,108 169,296 16,083 192,997
HRA 5,643 67,716 6,433 77,196
Special Allowances 11,779 141,348 13,680 164,158
Child Edu. Allowances
National Pension Scheme
Total of (A) 31,530 378,360 36,196 434,351
Salary Reimbursement (B)
LTA Reimbursement
Driver Payment Reimbursement
Vehicle\Petrol Reimbursement
Business Development Reimbursement
Telephone Reimbursement
Car Hiring Reimbursement
Meal Voucher Reimbursement
Newspaper and Magazine Reimbursement
Total of (B)
Statutory Benefit (C)
Bonus/Ex Gratia 1,175 14,100 1,340 16,077
Employer Contribution To ESI
Employer Contribution To PF 1,800 21,600 1,800 21,600
Gratuity (As per the payment of Gratuity Act, 679 8,143 774 9,283
Total of (C) 3,654 43,843 3,913 46,960
Gross CTC (A + B + C) 35,184 422,203 40,109 481,311
Variable Pay (D)
Insurance Premium (GMC & GPA) 292 3,498 292 3,498
Car EMI
Total Cost to Company (CTC) (A+B+C+D) 35,475 425,701 40,401 484,809
Note:
• Mediclaim, Term and Personal accidental insurance policy would be applicable as per company policy
• Variable pay is payable as per company’s variable policy
• The term of notice period shall be applicable as per the grade
• This is an electronically generated letter, hence does not require acceptance signature
For Livpure Smart Homes Pvt. Ltd.
Saurabh Kumar Sinha
Head – Human Resources
