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Offer Letter - Flobiz - Priyanka Singh

The document is an offer letter for Ms. Priyanka Singh to join FloBiz as a Senior Associate in Sales, with a start date of October 10, 2019. The annual CTC is INR 6,00,000, with a breakdown of salary components and additional benefits such as PF contributions and mediclaim coverage. The letter emphasizes confidentiality and requires written confirmation within one day to secure the offer.

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55 views2 pages

Offer Letter - Flobiz - Priyanka Singh

The document is an offer letter for Ms. Priyanka Singh to join FloBiz as a Senior Associate in Sales, with a start date of October 10, 2019. The annual CTC is INR 6,00,000, with a breakdown of salary components and additional benefits such as PF contributions and mediclaim coverage. The letter emphasizes confidentiality and requires written confirmation within one day to secure the offer.

Uploaded by

archeygudia.singh
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
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#1196, 22nd Cross, Sector 3, HSR Layout,

Bengaluru, Karnataka, India, 560102


+91 9326275298​ | ​[email protected]

CIN: U72900KA2019PTC124476

Date: 2nd October 2019

Subject: ​Offer letter to join FloBiz as ​Senior Associate, Sales


Date of joining will be 10th October, 19

Dear ​Ms. Priyanka Singh

Congratulations and welcome to the FloBiz team!

We are pleased to offer you the role of ​Senior Associate, Sales ​in the Sales Team at Bangalore. The success story of
any organization is written mostly by the team members who contribute their time, passion and dedication, and we
found these qualities in you. We believe you will add value to the product, team and organization with your skills,
talents and innovative thinking.
You will be expected to report to the office from Monday to Friday. You will report directly to ​Mr​. Nishit Kumar
Madia, Senior Sales Manager​. Your annual CTC will be ​INR 6,00,000/-.

Name : Priyanka Singh


Designation : Senior Associate, Sales
Salary Breakup
Component Category Per Month Per Annum
Basic Salary : 25,000.00 300,000.00
House Rent Allowance : 12,500.00 150,000.00
Conveyance Allowance :
3,333.00 40,000.00
Medical Allowance :
Education Allowance : 3,750.00 45,000.00
CCA Allowance : 5,417.00 65,000.00

Deductions
Professional Tax : 200.00 2,500.00
Provident Fund : 1,800.00 21,600.00
*TDS : - -

Total 50,000.00 600,000.00

Net Pay 48,000.00 575,900.00

*TDS amount will be deducted as per your investment declaration.

Additional Benefits over and above the annual CTC:

1. Valorem Stack Private Limited will contribute equally to your PF Account as per your individual contribution
and the same will not be deducted from monthly pay.

2. Mediclaim benefits will be given up to ​INR 8,00,000/-​ annually to you and your family (Spouse and Children).
The same will not be deducted from salary.

You are required to treat this offer letter (including your compensation details) as strictly confidential and details in
this letter must not be disclosed to any person or entity.

This is an informal offer letter, which needs your written confirmation within 1 day of being sent. In case of no
confirmation in the stipulated time, the offer will stand withdrawn. A formal employment agreement will be handed
over to you upon your joining. We thank you for your interest in FloBiz and look forward to having you onboard.

Team FloBiz

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