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Recent Hike: Performance Pay Letter.

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Anant Kumar
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0% found this document useful (0 votes)
80 views3 pages

Recent Hike: Performance Pay Letter.

Uploaded by

Anant Kumar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Compensation Summary Statement

Employee Information

Name ANANT KUMAR (Anant Kumar)


Employee ID 00002099314

2024 Job Title Senior Content Designer


2025 Job Title Senior Content Designer
2024 Officer Title Senior Assistant Vice President

2025 Officer Title Senior Assistant Vice President

Overall Performance Rating Consistently Exceeds


Risk Overlay Rating Meets

2024 Performance Year

Base Salary at Year-End 2,021,000 INR


Total Variable Compensation (TVC) 254,000 INR
Cash (to be paid February 2025) 254,000 INR

Total Compensation* 2,275,000 INR


*Includes base salary, fixed allowances, and total variable compensation.
Does not include any awards under commission/production, transition or functional incentive plans.

2025 Base Salary

Base Salary Increase* 323,000 INR (15.98%)


Annual Base Salary 2,344,000 INR

*Includes merit, required adjustments, and promotional increases, and changes to base pay during the Compensation Review process.
For full details on base salary, please review the employee record in the Compensation section of Workday.

Jan 29, 2025 6:02 PM


Footnotes
This statement is for information purposes only. The above amounts will be subject to relevant deductions for tax and social security contributions (if such deductions
apply in your jurisdiction) along with any other deductions required or permitted by law, and any required approvals. All amounts are shown to the nearest whole unit and
may reflect currency conversion where applicable; refer to employee record in the Compensation section of Workday to see precise amounts, if required. For
employees paid on an hourly basis, the annual base salary amounts are calculated based upon hourly rate and standard work hours per week. The effective dates of
base salary and job title changes for the current performance year (if any) typically occur within the month of February. Specific dates vary by location. Discretionary
annual incentives or payments received in any one year do not guarantee receipt of such award or payments in subsequent years.

For employees of Wells Fargo International Solutions Private Limited, the Base Salary mentioned here is the same as Total Annual Fixed Compensation, and comprises
Basic Pay, Flexible Allowance (Including HRA), Employer’s contribution to Provident Fund and Gratuity. Details of the component wise split can be found in ADP MyPay
-> My Declarations -> Flexible Benefits Allocation. The split is also provided under the CTC section of the revised payslips issued in ADP MyPay.

All incentive awards are subject to the terms and conditions of the applicable plans and your individual award agreements, including any vesting and forfeiture
provisions and, if applicable, the terms and conditions in your written employment agreement and any required approvals and in line with regulatory requirements. Wells
Fargo reserves the right to amend or cancel the proposed awards in accordance with the terms and conditions of the applicable plans.

All other terms and conditions of your service will remain the same.

All compensation information should be treated as confidential.

Jan 29, 2025 6:02 PM


Updated Compensation Summary:
Base Salary Increase* 479,000 INR (23.69%)
Annual Base Salary 2,500,000 INR

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