Is dis genuine offer letter or not...
This is with respect to your application and the subsequent rounds of discussions you had with us. We are pleased to extend you an offer to join our Bangalore Delivery Center as a Associate Software Engineer.
Your Annual total compensation for Financial Year 2012 (FY12) is Rs. 372645/- and will be structured as per the attached Annexure. Your gross annual fixed compensation for FY12 is Rs. 345286/-; this includes allowances and statutory benefits and will be structured in accordance with the Company’s policy.
As part of your gross annual total compensation, you are eligible to participate in the FY12 Local Variable Pay programme. At your career level, the annual target variable payout is estimated as Rs. 27359/-. The payout that you receive will depend on IDC performance against plans in FY12 and will be paid subject to you being on the rolls of the company on the date of disbursement of these payouts.
In addition to the above, you will also be eligible for the following components as per the company policy:
Benefits Eligibility
Gratuity – As per the law
Personal Accident Coverage for self up to 3 times of your Annual Gross Fixed Compensation
Medical Insurance for self, spouse and dependant children up to INR 300, 000 per annum. Premium for this will be paid by the company.
You have the option of availing Accenture negotiated rates to cover your parents under a separate Insurance plan up to INR 500, 000 per annum. The entire premium for this will have to be borne by you. This plan allows for coverage of pre-existing ailments.
For Permissible claims under the Medical Insurance plans detailed above, you will be required to contribute a defined percentage of each claim, as under :
• 10% of such claims for self, spouse and dependant children
• 20% of such claims for parents under the separate Insurance plan
Please find attached the following documents for your reference:
Terms of Employment
FY12 Compensation Plan
As detailed in the Terms of Employment, this offer and your employment with Accenture is contingent on your satisfactory completion of all verification and/or background/reference checks, which may occur at any time prior to/after your effective joining date.
This offer is contingent on us working together to determine an appropriate start date for your employment. The terms of this letter and this offer are valid for three (3) days from the date of this letter. your date of joining as 15th February. On date of reporting we manage your boarding and other formalities.
For further queries / clarifications feel free to get back to us. We look forward to a mutually rewarding and a long term career association with you.
Copyright Accenture All rights reserved.
COMPENSATION PLAN - FY 012 - Pay Group I
The gross annual fixed compensation below is based on your employment for a twelve (12) month period and will be prorated depending on the effective start date of your employment.
Cells in yellow to be populated by the recruiter/ candidate
1 -
Name surendra.y Level E 2 6, 000
Level F 3 12, 000
Level Associate Software Engineer Level G
Total Fixed Pay 345, 286 Level H
Statutory Bonus 4, 200 Associate Software Engineer
Total Fixed Pay Less Bonus (structured into allowances below) 341, 086 Software Engineer
119, 380 9, 948 Senior Software Engineer
Yearly Monthly Assistant
Basic Salary** 119, 380 9, 950 133, 706 Senior Assistant
Conveyance Allowance** 9, 600 800 143, 306 Analyst
House Rent Allowance** 59, 690 4, 974 202, 996 Senior Analyst
Provident Fund 14, 326 1, 194 40, 000
Special Allowances** 97, 070 8, 089 .
Meal Allowance - 0
Breakup of Reimbursements :-
Medical 15, 000 1, 250 Medical 15, 000
Other Charges** 1, 020 85 Other Charges 1, 020
LTA 25, 000 2, 083 LTA 25, 000
Additional Special Allowances** - - .
Total 341, 086 28, 426
Difference -
Explanation
1) Cells in yellow need to be populated
"2) Amounts should be entered by the employee
Reimbursements mentioned above are as per eligibility, employee has an option to choose the amounts and balance will be reallocated to additional special allowances"
3) **Paid as Salary on monthly basis excluding Other Charges which is the cost for reimbursements.
4) Provident Fund mentioned above refers to Company's Contribution to Provident Fund
5) Reimbursements will be paid out based on amounts booked on the website and are subject to submission of bills
6) Meal Allowance will be loaded to the card in the beginning of the month. Employee should apply for the meal card and collect it from Axis Bank help desk.
7) No calculations above take into account the effect of income tax.
8) Conveyance allowance will be taxable for employees who avail of company transport.
9) Reimbursements not availed off can be cashed under the head "Additional Special Allowance".
10) Any difference between (Monthly Total X 12) and Yearly Total will be adjusted in the salary paid in the last month of the Financial Year
Accenture Services Private Limited
Terms of Employment
Page 1 of 5
TERMS OF EMPLOYMENT
Your employment for Accenture Services Private Limited (“Company” or “Accenture”) will be governed by Company's policies, as
modified, from time to time and at Company’s sole discretion, upon notice to you. The terms and conditions contained herein
(“Terms of Employment”) must be read as a part of all of the Company’s current policies. These Terms of Employment and the
policies shall be subject to modifications, from time to time, upon notice to you.
1. Probation
1.1 You shall be on probation for a period of one
hundred and eighty (180) days from the effective
start date of your employment with Company.
extend this period of probation for an additional
period of ninety (90) days upon notice to you.
1.2 You acknowledge and agree that Company has
offered you employment based on the specific
information and records furnished by you or on your
behalf. You will provide or arrange to have provided
any information and/or grant any consent or
permission required by Company and/or its agents
from time to time to verify any such information
and/or records and/or perform any background and/or
in its sole discretion, that there is a discrepancy or
inaccuracy in or with respect to any information
furnished by you or on your behalf, including any
information, documents or certificates provided as a
proof of your qualifications and experience, or if you
fail to cooperate with Company and/or its agents in
conducting such verification and/or background
and/or reference checks, Company may, in its sole
discretion, elect to terminate or suspend your
employment immediately.
1.3 Unless otherwise communicated to you by Company,
the probation period shall expire one hundred and
eighty (180) days after your effective start date,
unless the probation period is extended for an
additional ninety (90) day period, in which case, the
probation period shall expire two hundred seventy
(270) days after your effective start date.
1.4 Notwithstanding anything contained herein, during
your probation period, Company may terminate your
employment upon thirty (30) days notice to you, with
or without cause, and with or without stating any
reasons whatsoever.
1.5 If you desire to terminate your employment during
the probation period, you shall provide Company
thirty (30) days prior written notice with reasons for
such termination.
2. Duties
2.1 The roles, responsibilities and duties appropriate to
your designation or your employment, will be
specified by Company from time to time. Company
may at any time, in its sole discretion, upon notice to
you, alter or otherwise modify these roles,
responsibilities and duties. Further, at any time, you
may be required to provide services, directly or
indirectly, to Company and its affiliates and their
employees, contractors and clients.
3. Hours of Work
irrespective of shifts, and a break for an hour (in the
aggregate).
3.2 You may be required to work on a shift basis. Shifts
may be scheduled across twenty-four (24) hours a
day, seven (7) days a week and three hundred and
sixty-five (365) days a year, subject to applicable
laws. Company may, at any time and in its sole
discretion, change the shift timings upon notice to
you.
3.3 Company may at any time, in its sole discretion,
upon notice to you.
4. Place of Employment
4.1 You acknowledge and agree that you may be
assigned, transferred or deputed to offices,
departments or units of Company and/or its affiliates
and/or their contractors and clients, whether in India
or abroad. In the event of any such assignment,
transfer or deputation, you may be required to
consent to and/or agree to certain other agreements or
policies applicable to such an assignment, deputation
or transfer.
4.2 In the event of any assignment, transfer or deputation
of your services, your salary and other benefits may
be adjusted in accordance with Company’s policies
with respect to such an assignment, transfer or
deputation.
5. Travel and Expenses
5.1 You may be required to travel, whether in or around
India or overseas, in connection with your
employment with Company upon short notice to you.
While travelling for work, your expenses and costs in
connection with such travel and any other expenses
incurred by you during the course of your
employment will be reimbursed in accordance with
the current travel and expense policy of Company.
You are expected to keep your passport valid at all
times.
6. Salary and Benefits
6.1 Your compensation will be reviewed on an annual
basis and your salary may be adjusted, depending
upon various factors, including your performance
during the preceding performance period.
Company may, in its sole discretion, at any time 3.1 A working day shall comprise nine (9) hours,
reference checks. If, at any time, Company believes, require you to work beyond nine (9) hours a day
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Accenture Services Private Limited
Terms of Employment
Page 2 of 5
6.2 Notwithstanding the above, you acknowledge that it
is Company’s policy to review the compensation
payable to its employees for successive years and
such compensation may be higher or lower than the
compensation received for the previous year
depending on various factors, including the overall
performance of the Company.
6.3 Unless otherwise provided by Company, your salary
shall be paid in monthly instalments and in arrears.
The total amount issued will be your salary less any
statutory, standard, permissible or elected deductions
or set-offs applicable to your employment.
6.4 In addition to your salary, you may receive other
benefits, as applicable under the Company’s benefits
or similar policies. Company may, upon notice to
you, at any time and in its sole discretion amend,
conditions of these benefits and/or policies. The
compensation and/or benefits offered to you by the
Company may be pro-rated depending on your
effective start or effective termination date.
7. Statutory and Other Benefits
7.1 At the start of the first full calendar month after
expiration of thirty (30) days from your effective start
date, Company will provide you coverage under the
disability, health and/or life insurance policies as is
available pursuant to Company’s benefits policies.
7.2 Under applicable laws, you may be able to participate
in schemes sponsored by the Government of India
and any relevant state governments. On being
covered under any of these schemes, Company may,
at any time and in its sole discretion, deduct from
your salary, upon notice to you, portion of any
contributions payable by you under the schemes.
8. Leave Policy
8.1 Company’s leave policy shall apply to your
employment and may be modified by Company at any
time, in its sole discretion, upon notice to you.
9. Termination
9.1 Your employment shall terminate immediately:
(a) When you reach the age of sixty (60) years;
(b) Upon Company giving you thirty (30) days
notice of termination for any reason, with or
without cause; Company may, in its sole
discretion, terminate your employment
immediately by paying your basic monthly
salary in lieu of giving you such notice; and/or
(c) Upon Company’s notice to you, if you are in
breach of any of the terms contained herein or
any of the Company’s policies and you have
failed to cure such breach within thirty (30) days
of notice of such breach.
9.2 Company may terminate your employment
immediately, with or without notice, on the occurrence
of your:
(a) Embezzlement, intoxication or illegal drug
Company leave policy, unauthorized disclosure
or misuse or attempted unauthorized disclosure
or misuse of the Company’s Confidential
Information, gross insubordination, or receipt or
attempted receipt of any impermissible rebate,
kickback or other similar remuneration or
consideration in connection with any potential or
existing opportunity for the Company and its
affiliates and their employees, contractors and
clients;
(b) Engaging in misconduct (wilful, intentional or
otherwise) during or in connection with the
performance of your obligations hereunder or
being arrested, charged or convicted in a
criminal proceeding or similar proceeding that
involves a matter which Company believes, in its
your obligations hereunder, may affect the
Company and/or its affiliates and their
employees, contractors and/or clients or may
otherwise bring the Company and/or its affiliates
and their employees, contractors and/or clients
any disrepute, whether or not such matter is
directly related to the affairs of the Company
and/or its affiliates and their employees,
contractors or clients; and/or
(c) Involvement in any act of moral turpitude.
9.3 You may at any time terminate your employment by
giving the Company thirty (30) days prior written
notice.
10. Consequences of termination
10.1 Upon termination or expiration of your employment,
for any reason, or as otherwise requested by
Company, you will return to the Company:
(a) Any property belonging to the Company, such as
a laptop computer, mobile phone, access card
and other devices with details of any passwords
or user ids installed therein; and
(b) All Confidential Information and any Work
Product, including any documents and
information, of whatever description or in
whatever form, tangible or intangible, in your
possession, together with copies, notes or
summaries of such documents and your own
working papers which are derived of or based on
such documents.
10.2 Upon termination or expiration of your employment,
for any reason, amounts due or payable, from, or to
you by the Company shall be settled in full and an
acknowledgment of such settlement shall be recorded
in writing.
10.3 Upon termination or expiration of your employment,
for any reason, Company shall be entitled to, at it
sole discretion, pursue any remedy available in law or
in contract to ensure settlement of any amounts owed
by you hereunder, including costs and expenses
incurred towards your training. Further, Company
suspend, vary and modify any of the terms and sole discretion, may affect the performance of
abuse, unauthorized absence in excess of the
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Accenture Services Private Limited
Terms of Employment
Page 3 of 5
shall be entitled to, at its sole discretion, withhold the
relieving letter and all other documents regarding
your employment hereunder.
10.4 Any termination of employment or these Terms of
Employment by Company shall be without any
further liability of Company and its affiliates and
their employees, contractors or clients to you or to
your successors-in-interest or assigns.
11. Mode of Communication
11.1 Other than general notices, which may be intimated
by e-mail, general notice, announcement on the
Company’s web site, bulletin e- mail, bulletin boards
and other similar postings, notices will be provided to
you in person, by email or by ordinary post at the
address given by you at the time of your employment
or such other address as may be intimated by you to
the management thereafter.
12. Confidentiality
12.1 You agree, as part of your employment hereunder,
you will have access, directly or indirectly, to certain
Confidential Information of Company and its
affiliates and their employees, contractors and/or
clients. At any time during the term of your
employment, you agree to execute non-disclosure or
similar agreements required by the Company and its
affiliates and their employees, contractors and/or
clients with respect to such Confidential Information.
12.2 During the term of your employment and thereafter,
you shall: (a) hold the Confidential Information in the
strictest confidence; (b) not disclose or use or attempt
to use or disclose, the Confidential Information,
except as expressly permitted by the Company and
solely for the purpose of which such Confidential
Information was disclosed to you; (c) not disclose or
divulge the Confidential Information to or for the
benefit any third person or entity without the prior
authorization of the Company; (d) give prompt notice
to Company of any actual or attempted unauthorised
use or disclosure of the Confidential Information; and
(e) return the Confidential Information, including any
copies or reproductions, at Company request or upon
termination of your employment. Your obligations
under this Section shall remain in effect and survive
any termination or expiration of your employment or
these Terms of Employment. Company shall be
entitled to immediate injunctive or similar relief upon
a potential or actual breach of this Section by you,
including in the event where you take up or attempt
to take up employment with or act or attempt to act as
consultant or contractor to, any person, who may be a
competitor of Company, or take up or attempt to take
up employment or contract with any person in a
manner that may result in disclosure or misuse of
Confidential Information.
12.3 “Confidential Information” means any proprietary or
confidential information, work product (whether
produced by you or other resources of the Company
or provided to you by Company or on Company’s
and its affiliates’ and their employees’, contractors’
and/or clients’ behalf) designs, business information
or plans, inventions, technical data, business
strategies, trade secrets or know-how, in any media
of Company, its affiliates and their employees,
contractors and/or clients, whether oral or written or
in electronic format, and whether marked as
confidential or proprietary or not, including but not
limited to, research, business plans, product plans,
service offerings or services descriptions, projects or
opportunities, proposals, Work Product or
deliverables, computer programs and documentation,
contractor, customer or client lists, software,
developments, inventions, processes, formulas,
technology, drawings, engineering plans, distribution
and sales methods, sales and profit figures, finances,
titles and descriptions of any patents or patent
applications filed or which could be applied for in
any country or jurisdiction, methodologies, training
materials, personnel information and internal
publications. Confidential Information shall not
include information which is publicly available.
13. Intellectual Property
13.1 You agree that any rights, title and interest
whatsoever, including, but not limited to, patents,
copyright, trade secret and design rights, mask rights,
whether registerable or not, arising or created as a
result of the development of and/or the application of
any tangible or intangible work product or materials
produced by you during or as a consequence of your
employment, whether alone or in conjunction with
others and whether during normal working hours or
not, including, but not limited to, any invention,
design, discovery, improvement, computer program,
documentation, or other material which you
conceive, discover or create during or in consequence
of employment hereunder (“Work Product”) shall
belong exclusively to the Company. You hereby
convey ownership in such rights, title and interest to
Company and its affiliates upon inception or
development.
13.2 All Work Product shall constitute a work (s) made for
hire under all copyright acts. To the extent that any
Work Product does not constitute a work made for
hire under the foregoing laws, you hereby irrevocably
assign all worldwide right, title, and interest
(including without limitation, patents, copyright,
trade secret, trademarks, design rights, contract and
licensing rights) in such Work Product to Company
and its affiliates. You retain no rights to use the
Work Product and agree not to challenge the validity
of Company’s and its affiliates' ownership in the
Work Product. You hereby forever waive all moral
rights in the Work Product and any results or
proceeds therefrom, even if after expiration or
termination of your employment hereunder. If you
Version 5.1 (January)
Accenture Services Private Limited
Terms of Employment
Page 4 of 5
have any rights to the Work Product that cannot be
assigned to Accenture or its affiliates, you hereby
unconditionally and irrevocably waive the
enforcement of such rights and all claims and causes
of action of any kind against Accenture and its
affiliates and their employees, contractors or clients
with respect to such rights and grant to Accenture and
its affiliates an exclusive, irrevocable, perpetual,
worldwide, sublicensable, fully paid-up and royalty
free license to such Work Product, or part thereof.
On termination or expiration of your employment or
these Terms of Employment, you will deliver to
Company all Work Product, including any parts or
copies thereof completed, created and/or prepared up
through the date of termination and all copies thereof.
13.3 You agree to, for no further consideration, execute
any documents and take any other actions reasonably
requested by Company and its affiliates and their
clients and contractors to achieve the objectives of
this Section (including waiver of any such rights
including authors’ special rights under Section 57 of
the Copyright Act 1957). In the event that Company
is unable for any reason, after reasonable effort, to
secure your signature on any document needed to
perfect the title of Company and its affiliates, you
hereby irrevocably designate and appoint Company
and its duly authorised officers and agents as your
agent and attorney in fact to act for and on your
behalf to execute, file and verify such documents and
to do all other lawfully permitted acts with the same
legal force and effect as if executed by you.
13.4 You agree that you will not violate or attempt to
violate the intellectual property rights, interests or
title of any third party. Your obligations under this
Section shall remain in effect and survive any
termination or expiration of your employment or
these Terms of Employment. Company shall be
entitled to immediate injunctive or similar relief upon
a potential or actual breach of this Section by you.
14. Data Privacy Policy
14.1 Company may, in connection with your employment,
receive personal data relating to you or third parties
associated with you (such as your spouse or
children). Such data may be received from you, or
from other sources, and some limited personal data
may be recorded directly or indirectly by internal
security systems or by other means. Company may
process such data for the relevant and limited
purposes specified in Company’s data privacy policy
(“Privacy Policy”), a copy of which is available on
request. Further, Company may for these purposes
transfer such data to any country in which
Accenture’s worldwide organization does business.
By signing these Terms of Employment, you consent
to the terms and conditions of the Privacy Policy, as
may be modified by Company at any time, and in its
sole discretion, upon notice to, and you expressly
consent to the following:
(a) the processing of your personal data in
accordance with the Privacy Policy;
(b) the collection and processing of sensitive
personal data about you to the limited extent and
for the purposes described in the Privacy Policy;
(c) the transfer worldwide of personal data held
about you by the Company to other employees
and offices of the Company’s worldwide
organization and to third parties where disclosure
to such third parties is required in the normal
course of business or by law; and use of your
personal images and voices in marketing
material, videos, etc.; and
(d) treating any personal data to which you have
access in the course of your employment strictly
in accordance with the Privacy Policy and other
Company policies and procedures and not using
any such data other than in connection with and
except to the extent necessary for the purposes of
which it was disclosed to you.
The reference to information “about you” or similar
references, includes references to information about
third parties, such as spouse and children (if any),
which are provided by you or on your behalf.
15. Non-Compete
15.1 During the term of your employment or these Terms
of Employment, you will not, directly or indirectly,
either alone or jointly with or as manager, agent,
consultant or employee of any person, firm or
company, engage yourself in any activity or business
which could result in direct or indirect competition
with the business of the Company.
16. Warranties
16.1 You warrant that your employment Company will not
violate or otherwise conflict with any agreement (oral
or otherwise) to which you are or have been a party
to.
16.2 You warrant that you have satisfactorily completed
all of your obligations under any employment
contract or other contract or agreement with
company (ies), person (s) or entity (ies) that previously
employed or contracted with you and that any
previous employment contract and/or relationships
have terminated and/or expired prior the effective
start date at the Company.
16.3 You warrant that you have not and will not
inappropriately, or attempt to, use or disclose any
confidential or proprietary information obtained from
a third party or otherwise.
16.4 You warrant that you will comply with all of
Company’s policies and standards (including the
Company’s Code of Business Ethics) in effect from
time to time and shall perform your services in a
professional manner and in a manner consistent with
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Accenture Services Private Limited
Terms of Employment
Page 5 of 5
the ethical and professional standards of Company or
otherwise as applicable to the services provided by
you hereunder.
16.5 You warrant that you possess all the requisite
certificates, licenses, permits, work visas, clearances
to be able to lawfully and rightfully perform the
services as required hereunder.
17. Indemnification
17.1 You agree to indemnify the Company and its
affiliates for any losses or damages sustained by
Company and its affiliates which is caused by or
related to your breach of any of the provisions
contained in this Terms of Employment.
18. General
18.1 These Terms of Employment and your employment
is personal to you and you cannot assign, subcontract
or transfer your obligations hereunder to any other
person or entity. Accenture may assign these Terms
of Employment, in part or whole, upon notice to you.
No delay or failure by Accenture to exercise any of
its powers, rights or remedies under these Terms of
Employment will operate as a waiver of such powers,
rights or remedies. If any provision of these Terms
of Employment is held by any competent authority to
be invalid or unenforceable, the validity of the other
provisions and the remainder of these Terms of
Employment shall not be affected. You shall not
make any announcement concerning Company and
its affiliates and their employees, contractors or
clients without Company’s prior written consent and
you shall not use or disclose the name, trademark,
domain name, service mark, logo or any other
intellectual property of Company and its affiliates
and their employees, contractors or clients. These
Terms of Employment will be construed in
accordance with and governed by the Laws of India.
These Terms of Employment, together with the offer
letter (and any attachments thereto), are the exclusive
and entire agreement between the parties relating to
its subject matter, and supersedes all prior and
contemporaneous discussions, agreements,
negotiations, representations, and proposals relating
to the subject matter hereof.
I have read, understood and agree to the terms and
conditions as set forth in these Terms of Employment. My
acceptance is as of the day and year written below.
Signature: %%%%%%%%%%%%_
Name: %%%%%%%%%%%%%_
Date: %%%%%%%%%%%%%__
Office Location: %%%%%%%%%%%
Version 5.1 (January)
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