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Date: 08 February, 2021
OFFER LETTER
To,
Kuchipudi Chaitanya,
D.No:4-8-32, FCI Colony,
Nawabpet, Nellore - 524002.
The management takes great pride in informing you that you have been appointed As
“System Administrator” in our organization w.e.f. 15 February, 2021.
We congratulate you on your appointment and wish you a long and successful
career with us. We are confident that your contribution will take us further in our
journey towards becoming world leaders. We assure you of our support for your
professionaldevelopment and growth.
You are required to agree to the special terms and conditions as described in
Annexure – A.
You will be paid gross emoluments as detailed in Annexure – B.
Your employment with us will be governed by the Terms & Conditions as detailed
in Annexure –C.
Your offer has been made based on information furnished by you. However, if
there is a discrepancy in the copies of documents or certificates given by you as a
proof of above we retain the right to review our offer of employment.
Employment as per this offer is subject to your being medically fit.
Annexure–A
1. The company follows a holding policy for our new employees under which the
company will retain 10% of your CTC for the first four months of your
employment with us. This amount will be held with the company for a period
of one year from the date of your taking up employment and payable to you in
full upon completion of the above said period.
2. If you decide to resign from the company before completion of one year you
forfeit the holding amount and no claim whatsoever will be entertained in this
regard.
3. In the event that you decide to leave the company before a period of one year
the following shall apply as is the case: -
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You will be required to give at least one month notice of resignation to the
company or pay to the company one month’s salary in lieu of the notice. You
will also forfeit the amount in holding with the company.
4. The materials provided to you are property of the company and confidential
information. Carrying the materials outside the company or disclosing them to
anyone other than employees of the company is a breach of trust and will
result in immediate forfeiture of the holding amount and termination of
employment without notice.
5. Spreading rumors, soliciting employees of the company for outside
employment or coercing coworkers to leave the company is strictly prohibited
and frowned upon. Such actions will result in immediate termination of
employment without notice and forfeiture of your holding amount.
Annexure-B
Salary structures can be bifurcated as under:
Employee Name Kuchipudi Chaitanya
Designation System Administrator
Department IT
Particulars Per Month Per Annum
Basic Salary 9833 117996
House Rent Allowance 4917 59004
Conveyance Allowance 1600 19200
Transport Allowance 0 0
Medical Allowance 1250 15000
ESI Employer 0 0
Special Allowance 1475 17700
CCA 5508 66096
Total 24583 294996
Annexure-C
1. Personal Particulars: You will keep us informed of any change in your
residential address, your family status or any other relevant particulars.
You would also let us know the name and address of your legal
heir/nominee.
2. Nature of Work: You will work at high standard of initiative, creativeness,
efficiency and economy in the organization. The nature of work and
responsibilities will be assigned and explained to you by your senior from
time to time.
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3. Working Hours: The regular working hours of the company are from 10
A.M to 6 P.M including 30 minutes for lunch break and 15 minutes for tea
break.
4. Assignment, Transfer and Deputation: Though you have been engaged
to a specific position, the company reserves the right to send you on
deputation/transfer/assignment to any of the company’s Clint offices in
India or abroad, whether existing at the time of your appointment or to be
set up in the future.
5. Secrecy/Confidentiality: The business or affairs of the company including
development, process reports and reporting system and you will during of
your employment hereunder also use your best endeavor to prevent any
other person from doing so.
6. Intellectual Property Right: If during the period of your employment with
us you achieve any invention, process improvement, operational
improvement, or other process/method likely to result in more efficient
operation of any of the activities of the company, the company shall be
entitled to use, utilize and exploit such improvement and you shall assign
all rights thereof to the company for the purpose of seeking any patent
rights or for any other purpose. The company shall have the sole
ownership rights of all the intellectual property rights that you may create
during the tenure of association with the company including but not
limited to the creative concept that you may develop during your
association with the company.
7. Restrain:
i)Access to Information: Information is available on need to know
basis for specific groups and the network file server of the company is segregated
to allow individual sectors information access for projects and units. Access to this
is authorized through access privileges approved by unit mentors or project
mentors.
ii)Restriction on Personal Use: Use of company resources for personal
use is strictly restricted. This includes usage of computer resources, information,
internet service, and working time of the company for any personal use.
8. Leave: You will be entitled to leave as per law in force and as laid down in
the Standing Orders of the company. Three days advance intimation is
required to be given for availing leave. In the event of a sick leave you will
be required to furnish a doctor’s certificate for the period of leave. The
company follows strict time schedule and late comings are discouraged,
unless otherwise notified by you in advance. Late marks will be accorded to
you for every late entry with one day of absence counted for every three
late marks.
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9. Security: Security is an important aspect of our communication and office
infrastructure. communication security is maintained by controlling
physical access to computer system, disabling all working stations, floppy
disk drives and companywide awareness about the need for protection of
intellectual property and sensitive customer information.
10. Termination of Service:
i) either party can terminate this employment by serving a notice of
one month on the other, save and accept that the company may at
its option pay salary in lieu of the notice period to terminate
employment with immediate effect.
ii) Unauthorized absence or absence without permission from duty
for a continuous period of 7 days would make you loose your lien on
employment. In such case your employment shall automatically
come to an end without any notice of termination or notice pay.
11. Standing Orders: You will abide by the Standing Orders, rules &
regulations and service conditions that may be in force or application to the
organization or are framed from time to time by the company.
12. Appointment in Good Faith: It must be specifically understood that this
offer is made based on your proficiency on technical/professional skills you
have declared to possess as per your application for employment and your
ability to handle any assignment/job independently.
Please sign and return duplicate copy of this letter in token of your
acceptance.
Yours Sincerely,
For SITEC TECHNOLOGIES Pvt Ltd,
Advika K
Manager-Human Resource
(Signature of the Employee).