Appointment Letter
Appointment Letter
February 3, 2022
Welcome to Wipro Limited (Company/Wipro) and congratulations on your appointment as Project Engineer. The
terms of your employment with the Company is listed below. Please be informed that the terms may be modified
pursuant to changes in the Company policy updated from time to time.
1. Appointment Details:
a. The date of appointment is effective from the date of joining, unless otherwise communicated in writing by the
Company.
b. You will be on probation for a period of 12 months from the date of your appointment. On completion of the
probation period, your appointment shall be confirmed at the discretion of the Company based on your
performance and other criteria as applicable to your band and stream. Unless confirmation is communicated in
writing, your probation period shall be deemed to have been extended.
d. You may be transferred to any other location, department, function, establishment, or branch of the Company or
subsidiary, associate or affiliate company ,in such capacity as the Company may from time to time determine. In
such a case, you will be governed by the terms and conditions of service applicable to the new assignment
including compensation, working hours, holidays, leave, people policies, etc.
e. We provide support to our global customers through various Company locations in India to suit customer
requirements by operating 24x7. You would be operating from any of these locations and in any of the shifts,
including night shift, as may be decided by the Company, keeping in mind the business needs and deliverables
to customers.
f. This offer of appointment is subject to your successful completion of all curricular requirements as laid down by
the University/Institution for award of the degree/diploma and the requirements, including aggregate, specified
by the Company for your role, and any other criteria specified by the Company in terms of your educational
qualifications on/before the date of appointment.
g. The copy of this letter duly signed by you, has to be mandatorily submitted on the date of joining,
2. Compensation:
a. Compensation and benefits in accordance with Annexure III - Salary Offer Sheet.
b. Variable Pay - The details of this component are listed in Annexure VI. The Variable Pay program may be
changed or modified in part or full thereof from time to time, at the sole discretion of the Company.
c. Other compensation and benefits in accordance with Company policy as modified and intimated to you from
time to time.
e. Changes in your compensation are at the Company’s discretion and will be subject to and on the basis of your
effective performance and the performance results of the Company during your period of employment and other
relevant criteria.
3. Other Benefits:
b. Perquisites, if any, as applicable to your band and stream and / or based on functional requirements as
determined by the Company.
c. Participation in the Company’s Provident Fund Scheme (PF) as per the policies applicable to your band and
stream.
e. Wipro Medical Assistance Scheme (MAS) provided you are not covered under the purview of the ESI Act.
f. Employee Benefits Program sponsored and administered by the Company for management employees,
comprising of pension plan or gratuity plan, survivor benefit plan and industrial injury benefits.
g. Please refer to the detailed policies in the Company’s intranet portal i.e. mywipro.wipro.com
4. Responsibilities:
a. In view of your position and office, you would be expected to perform all responsibilities effectively, diligently
and to the best of your ability and ensure results. There may be times when you will be expected to work extra
hours to achieve the above when the job so requires. At all times, you are required not to engage in activities
that have or will have an adverse impact on the reputation / image and business of the Company, whether
directly or indirectly.
b. You may be required to undertake travel for business purposes for which you will be eligible for reimbursement
of travel expenses as per the Company policy applicable to you.
c. We are committed to ensure 'Integrity' in all aspects of the Company’s functioning. You are expected to comply
with all the applicable policies of the Company including the Code of Business Conduct and Ethics (‘Policies’)
as they form an integral part of the terms of your employment with Wipro. Consequently, you are required to
understand the scope and intent behind these policies and to comply with the same. These Policies are
updated / modified on a periodic basis and new policies may be introduced and notified to employees from time
to time and you will be required to comply with the same.
d. Consistent with (c) above, any matter or situation or incident that may arise that could potentially result, or has
resulted, in any violation of the Policies or the terms of your employment, shall immediately be brought to the
notice of your Business Unit Head and appropriate disciplinary action will be initiated.
5. Conflict of Interest:
a. You are required to engage yourself exclusively in the work assigned by Wipro and you shall not take up any
independent or individual assignments (whether part time or full time, in an advisory capacity or otherwise)
directly or indirectly without the express written consent of your Business Unit Head.
b. You shall ensure that you shall not, directly or indirectly, engage in any activity or have any interest in, or
perform any services for any person who is involved in activities, which are or shall be in conflict with the
interests of Wipro.
c. The Conflict of Interest Policy also refers to the need on your part, during your employment and for a period of
one year from the cessation of your employment with the Company (irrespective of the circumstances of, or the
reasons for, the cessation) not to solicit, induce or encourage:
i. Any employee of the Company to terminate their employment with the Company or to accept
employment with any competitor, supplier or any customer with whom you have a connection
pursuant to your employment with the Company.
ii. Any customer or vendor of the Company to move his existing business with the Company to a
third party or to terminate his business relationship with the Company.
iii. Any existing employee to become associated with, or perform services of any type for any third
party.
d. In case of any conflict or doubt, please discuss the matter with your Business Unit Head, to understand the
Company's position on this and resolve the conflict.
6. Confidentiality:
a. In consideration of the opportunities, training and access to new techniques and know-how that will be made
available to you, you will be required to comply with the Confidentiality Policy of the Company. Therefore,
please maintain all Confidential Information as defined from time to time in the Confidentiality Policy of the
Company, as secret and confidential and do not use or disclose any such Confidential Information except as
may be required under obligation of law or as may be required by the Company and in the course of your
employment. This covenant shall endure during your employment and beyond the cessation of your
employment with the Company (irrespective of the circumstances of, or the reasons for, the cessation).
b. In your work for Wipro, you will be expected not to use or disclose any confidential information, including trade
secrets, of any former employer or other person with whom you have an obligation of confidentiality and by
signing below you affirm that you have no conflicting obligations or non-compete agreements that would prevent
you from working without limitation for the Company.
In connection with your employment and during the term of your employment, upon conception or creation, you shall
disclose and assign to Wipro as its exclusive property, all inventions, ideas, concepts, discoveries, techniques, and
improvements (including, without limitation, legal documents, training materials, computer software and associated
materials) developed or conceived by you solely or jointly with others (whether or not during business hours), and shall
comply with the Policies of Wipro in relation to Intellectual Property.
8. Non-Compete
In the course of your employment with the Company you will be providing services to customers or clients of the
Company during which process you will be handling sensitive information including but not limited to key customers of
the Company, competitor information, customer sensitive information (‘Confidential Information’). You acknowledge
and recognize that Confidential Information available to you, if leaked, would cause irreparable harm to the Company
and its protection is of utmost importance to the Company. You confirm that for a period of six (6) months after
separation of your employment from the Company (irrespective of the circumstances of or the reason for the
separation), you will not accept any offer of employment from a customer or client with whom you have interacted or
worked in a professional capacity representing the Company during the six (6) months preceding the date of
separation.
9. General:
This offer of appointment is subject to the precondition that you have not provided us with any false declaration and/or
documentation or willfully suppressed any material information. If at any point of time, it is brought to our notice that
you have submitted fabricated documentation or made false representation or willfully suppressed material
information, you shall be liable to be removed from service with immediate effect and the Company reserves its right to
initiate appropriate action as per applicable policy and /or enforce remedies available to us under law.
Please note that you are required to inform us if there are any agreements, oral or written, which you have entered into
and which may relate to or affect your commitments under this employment contract.
a. You acknowledge that you have understood the terms of this employment contract and that you are aware that
the specific performance of the terms of this employment contract may be enforced legally, if required. In this
connection, if any of the provisions of this letter of appointment are declared or found to be void or
unenforceable due to any reason whatsoever, the remaining provisions of this letter shall continue in full force
and effect.
b. These employment terms supersede and replace any existing agreement or understanding, if any, between the
Company and you on the same subject matter.
c. You warrant that you are not prevented by any court or by any other administrative or judicial authority or order
from providing the services required under this employment contract. In the event that you are not a citizen of
the country of posting, you should have a valid work permit to work in the country of posting.
i. You have not scored minimum aggregate marks of 60% in your 10 th Standard or equivalent
education.
ii. You have not scored minimum aggregate marks of 60% in your 12 th Standard or equivalent
education.
iii. For Graduates: You have not scored minimum aggregate marks of 60% in your graduation.
iv. For Post Graduates: You have not scored minimum aggregate marks of 60% in your
graduation and 60% in post-graduation.
v. You have any pending backlogs/ arrears on the date of appointment.
Please note that at any stage, whether during your online test and/or interview process or upon joining the
Company, if it is brought to our notice that you have indulged in malpractices or used illegal means to clear
your online assessment, the Company shall withdraw or revoke the offer with immediate effect and we reserve
our rights to take suitable action against you as we may deem fit.
10. Training Agreement:
As part of your smooth transition from campus to corporate, the Company shall be providing you extensive training
through learning interventions from the time of your selection to on-boarding. You shall be provided an opportunity to
learn in Pre-Joining programs, Self-directed learning modules, MOOCs, in-classroom learning, on-the-job training, Top
Gear modules, and / or customer specific tools and technology learning. Through this extensive training the Company
makes significant investment for your project readiness and successful journey in the projects. In consideration of the
Company reposing confidence in you and providing you with the opportunity to undergo the training as detailed above
and in consideration of the company bearing all the costs in connection with the training besides paying you normal
salary and benefits, you solemnly agree to complete the training and continue your employment with the company for
a period of at least 12 months commencing from the date of your joining. In case you choose to leave the Company
before the expiration of the said period or if your services are terminated before the expiration of the said period, for
any reason whatsoever, you shall be liable to pay to the Company liquidated damages of up to Rs. 75,000/-(Rupees
Seventy Five Thousand only) in the manner defined in the training agreement, signed by you with the Company.
Your employment with the Company shall be terminable, without reasons, by either party giving one-month notice
during probationary period and three months’ notice on confirmation. The Company reserves the right to pay or
recover salary in lieu of notice period. Further, the Company may at its discretion relieve you from such date as it may
deem fit even prior to the expiry of the notice period. However, if the Company desires you to continue the employment
during the notice period you shall do so. Notice period and termination of employment contract shall be governed by
the applicable internal policies of the Company as updated from time to time.
On acceptance of separation notice, you will immediately hand over to the Company before you are relieved, all
correspondence, specifications, formulae, books, documents, cost data, market data, literature, drawings, effects and
comply with all the relieving formalities required by the Company. Further, you shall not make or retain any copies of
these items.
During the time period between your offer and onboarding, the Company will provide you an online, self-directed
learning opportunity through a Pre Joining Program(PJP). You will be given a specific technology track to learn and we
urge you to utilize this opportunity to gain hands-on experience so as to enable you to obtain a suitable project.
Please confirm that the above terms and conditions are acceptable to you and that you accept the appointment by
submitting a signed copy of this letter of appointment with your original signature on the date of joining.
Yours sincerely,
For Wipro Limited,
Aparna Shailen
General Manager - Human Resources
I have read, understood and agree to accept the employment on the terms and conditions herein.
ANNEXURE I
a. For an employee or any dependent member of his family to have an interest in any organization, which has
business dealings with the company where there is an opportunity for preferential treatment to be given or
received, except where such an interest comprises of securities in widely held corporations which are quoted
and sold in the open market or the interest is not material.
b. For an employee or any dependent member of his family to buy, sell or lease any kind of property, facilities or
equipment from or to the company or any affiliate or to any company, firm or individual who is or is seeking to
become a contractor, supplier or customer, except with the knowledge and consent of top management.
c. For an employee to serve as an officer, director or in any other management capacity or as a consultant of
another company or organization doing or seeking to do business with the company or an affiliate except with
the knowledge and consent of top management.
d. For an employee to use or release to a third party any data on decisions, plans, competitive bids or any other
information concerning the company, which might be prejudicial to the interest of the company.
e. For an employee or any dependent member of his family to accept commission, a share in profits or other
payments, loans (other than with established banking or financial institutions), services excessive entertainment
and travel or gifts of more than nominal value from any individual or organization doing or seeking to do
business with the company.
I have read the above mentioned 'Conflict of Interest' policy and I declare that there is no 'Conflict of Interest' in my
employment. If in future any conflict arises, I will immediately inform my supervisor and notify the top management.
As an employee of the Company you are considered as an Insider and accordingly advised as below:
1. Trading when in possession of UPSI: Employees are strictly prohibited from trading in the Securities of the
Company when in possession of UPSI concerning the Company. Trading in securities of the Company is also
prohibited for certain designated employees when the trading window is closed. For details please contact:
[email protected].
2. Communication or procurement of Unpublished Price Sensitive Information (UPSI): Employee shall seek,
communicate, provide or allow access to “UPSI of the Company to others only for legitimate purposes, performance of
duties and discharge of legal obligations and strictly on a needtoknow basis. Employees are strictly prohibited from
the following:
a. Counseling or disclosing or communicating UPSI to any other person including spouse and/or relatives, except
on a need to know basis.
b. Counseling as well as expressing opinions or making any recommendations to any person on the Securities of
the Company when in possession of any UPSI.
3. Individual and Personal Responsibility: As per the Code, Company can take appropriate actions like wage freeze,
suspension, termination of employment on employees involved in Insider Trading. Insider trading also attracts severe
civil and criminal penalties not only on the Insider but also on the Company in certain circumstances. The penalties
levied on the employee will not be borne by the Company and the employee individually is responsible.
4. Disclosure requirements: Every employee of the Company and their Immediate Relatives shall disclose to the
Company the number of securities acquired or disposed of within two trading days of the transaction if the value of the
securities traded, whether in one transaction or a series of transactions over any calendar quarter, aggregates to a
traded value in excess of ten lakh rupees. For more details on procedures and guidelines, employees are requested to
refer the Company’s Code of Conduct to Regulate, Monitor and Report Trading by Insiders. Or write to
[email protected].
ANNEXURE II
a. validating my Curriculum Vitae and retaining records on the same for any future reference/verification;
c. employment-related actions including record keeping, processing compensation and benefits and any action
required in the context of my employment with Wipro.
In this context, I also agree to the retention of such Personal Information including documents by Wipro for any future
reference/verification and authorize Wipro to transfer the same to a third party.
I understand that ‘Personal Information’ means any information including documents, relating to me that is available
with Wipro and is capable of identifying me.”
ANNEXURE III
Basic 11,670
HRA 5,835
Bonus 2,334
Wipro Benefits Plan (WBP) 4,849
*Notional sum indicating contribution of 5.31 % of your basic towards provision of Gratuity. Employees will be eligible
for payment of gratuity as per the Wipro Policy for the same.
Apart from the standard salary components, Project Engineers are also entitled to the following unique Company
Benefits to help you manage during exigency.
a. Onetime Interest free loan of Rs. 20,000/- towards housing deposits or towards purchase of a two wheeler
b. Onetime Interest free contingency loan of lesser of Rs. 50,000/- and 2 months gross towards housing deposits
or illness, death in immediate family or self-marriage
c. Medical assistance of Rs.15,000 per annum for employees who are not covered under the ESI scheme.
d. Medical Insurance Coverage up to Rs 2lac per annum.
ANNEXURE – IV
Bonus Details
In addition to the above-mentioned salary, you will be eligible for a special bonus in the first three years. This bonus is
performance based and will be merged (added) to your salary after 12 months from the date of payout. The bonus will
be paid as per the details below and will be subject to applicable payroll taxes and withholdings:
Year Bonus
End of 6
25000
months
End of 18 25000 -
months 75000
End of Year 50,000 -
2 1,00,000
End of Year 2,00,000-
3 2,50,000
a. you being "active" in the services of the company through to retention date as applicable
b. your employment has not been terminated for poor performance or for cause prior to retention date
c. you have not resigned voluntarily or abandoned your job as of the retention date
II. Please note that this is subject to you meeting satisfactory performance levels. If the performance criteria is not
fulfilled, you will not be eligible to receive the bonus. The same is understood and accepted by you.
III. The gross bonus amount paid will be recovered in case you leave the organization before 24 months of bonus
payout. This will be applicable to all 4 tranches of bonus payouts
IV. In the event of your deputation to a location outside your base location, at the time of bonus processing, you will
be eligible to receive the bonus amount in applicable local currency in accordance with applicable exchange
rate, as per company policy
V. The management team reserves the right to make changes to the program at any time during the year. In the
event of an exceptional circumstance the management team’s decision on the payout would be final and
binding.
ANNEXURE – V
I hereby confirm that I shall submit the required academic certificates including but not limited to mark sheet and
Provisional or Convocation Degree Certificate within 3 months from my date of joining. I understand that my
employment is subject to my aggregate meeting the Company’s eligibility criteria and submission of the above
mentioned documents.
I hereby declare that all the particulars mentioned above are true to the best of my knowledge. In the event of my
failure to submit the above mentioned documents or in case of any discrepancy, I shall be liable for immediate
termination of my employment with the Company.
ANNEXURE – VI
For employees joining in billable roles, variable pay will be linked to Individual billability, i.e. the number of days
employee is billed in a quarter. This factor is applicable only for employees joining in billable roles in Bands Team
Rainbow, A1, A2, A3, B1, B2 and B3 and who have variable pay as part of their salary stack.
For employees joining in above Bands in Support roles and central functions, and who have variable pay as part of
their salary stack, variable pay will be linked to company’s financial parameters. Financial metrics is linked based on
specific role for each employee in each quarter, as per the respective financial year policy.
The Variable Pay program may be changed / altered or modified in part or full thereof from time to time, at the sole
discretion of the management. It is mandatory for you to complete the quarter for which the Variable Pay applies i.e.
you should be on the rolls of the Company on the last working day of the quarter to be eligible for payout under the
program.
The detailed policy will be made available on myWipro->myPolicies->Common Policies Across Countries->my
Financials->Variable Pay Policy FY 2022-23.
This are fixed monthly components of your salary and are taxable. They do not vary every month, and are fixed for a
particular period.
HRA is given to the extent of 50% of your Basic. HRA exemption is applicable as per IT rules on submission of rent
receipts.
Wipro Benefits Plan (WBP) is basket of various allowances/ expenses considered for Income Tax exemption. Under
WBP, you will be granted Leave Travel Allowance and Education Allowance. Benefits regarding the use of
Telephone/Mobile phone, Non-transferable Meal card can also be availed under the Plan. The actual expenses
incurred towards these components are eligible for exemption as per the prescribed Income Tax rules applicable.
Thus, you will be subjected to tax for the portion of the allowances that is not exempt. The Income Tax exemption for
benefits availed are subject to submission of proofs or other conditions as may be prescribed in this policy. Wipro will
grant a Group Allowance, which will be computed after reducing the aggregate cost of allowances/benefits availed
under WBP and related recovery of Perquisite Tax and associated charges. Following are your WBP Entitlements:
New employees are eligible for LTA provided leave is taken as per the rules of Wipro. For details on Income Tax
exemption please refer to myWipro on joining. The maximum LTA that can be considered for IT exemption is Rs
50,000.
The amounts paid by you towards telephone rentals (both landline and mobile) rentals are also towards
broadband/ modem hub/ routers/ GPRS etc. for internet usage plans are eligible for IT exception up to Rs.
19,800 per annum under WBP as per prescribed limit in the policy. No expenses in respect of rentals or other
charges for pre-paid connections will be eligible under this head.
An amount of Rs. 1100 / 2,750 per month towards purchase of Non-Transferable Meal card is eligible for IT
exemption under WBP.
4. Education Allowance:
An amount of Rs.100 (additional 300 in case of child in hostel) per child per month up to a maximum of 2
children is eligible for IT exemption under WBP.
Retirement Benefits:
It consists of:
a. Provident fund- Where basic is higher than INR 15,000- 12% of your Basic towards Provident Fund. In cases
where basic is lower than INR 15,000- Minimum of 12% of (Basic + WBP + Additional (Where applicable) or
INR 1800 pm
b. Notional sum indicating contribution of 5.31 % of your basic towards provision for gratuity.
Employees will be eligible for payment of gratuity as per the Wipro policy on the same.
Tourismus
a. You would be entitled for Rs. 1500 from the date of appointment as a lump sum amount that will be credited
with your first month salary. You may utilize this amount towards Travel and you would not need to submit bills
towards usage of this amount.
b. There is no provision for reimbursement/allowance towards any expenses incurred in lieu of attending training
or classes at different locations in the same city.
a. You would be entitled for Rs.1000 per day for 8 days (total amount of Rs.8,000) from the date of joining. You
may utilize this amount towards accommodation, food & other miscellaneous expenses. This would be paid as
a lump sum amount that will be credited with your first month salary and you would not need to submit bills
towards usage of this amount.
b. If your posting location (the location where you would be based out of after training) is different from the training
location (location where you undergo initial training), you would be entitled for the following:
i. Settlement and Miscellaneous Expenses: Rs.1200 per day for 7 days (total amount of Rs. 8,400) from
the date of reporting to the posting location. You may utilize this amount towards boarding, lodging,
conveyance & other miscellaneous expenses.
c. Any location change after reporting to posting location will be treated as relocation/transfer and will be covered
under the Transfer policy for Team Rainbow. For details you can refer the policy at myWipro-> My Policies ->
India->My Travel>Transfer Policy-Team Rainbow.
d. Campus joiners would not be eligible for accommodation at the Wipro guest houses.
Please note in the event that the employee leaves the organization within 6 months from the date of joining, all
payments processed under Joining & Relocation Entitlements shall be recovered from the employee at the
time of exit.
1. Medical Assistance Program (MAS)**: This is a medical scheme covering you, your spouse and your children to
the extent of Rs.15000 per annum. This scheme is not applicable for employees covered under the
Employee State Insurance Act (ESI). This limit will be prorated based on your joining and exiting months in a
financial year. The amount mentioned as Medical allowance in your salary stack is a notional figure and it
indicates average outflow per month and per employee towards MAS. Medical is a reimbursable amount, i.e., it
will be paid at actuals on making a claim.
2. Mediclaim: You are eligible for a floater coverage of Rs 2,00,000 per annum for family (self, spouse & children)
towards hospitalization. There will be a deduction from your monthly payroll depending on your marital/family
status towards the base sum insured premium,10% of the claim amount has to be borne by you.
If you wish to enhance the coverage, Top up cover options are also available for a highly negotiated premium.
More details on the policy are available on My Policies Section in myWipro which is accessible on joining.
Base Medical insurance is to be availed by the employee as default. It is accounted for in deductions as a
nominal monthly charge. Top-Up cover is voluntary and charged as applicable during renewal timelines.
3. Annual Health check: Company paid Annual health check-up program is available for employees above 40
years of age.
This provides you a lump sum benefit up to a maximum of INR 20 LPA to be calculated and payable as per applicable
laws.
The Survivor Benefit Plan's objective is to provide a monthly income to the surviving spouse and children of an
employee, in the unfortunate event of death while in service. The pension payable is based on last drawn basic salary
at the time of death, number of years till retirement, number and age of surviving members.
E.g. If an employee is in Grade B3 with basic of Rs. 15,000 per month and the remaining period before retirement at
time of his death is 20 years and he has a surviving spouse and two eligible children, the supplementary Pension
payable per month would be as follows: Basic * No of years to Retirement * Grade Factor * % based on number and
age of surviving members.
I.e. 15,000 x 20 x 2.7%* x 80% = Rs. 6,480 per month as supplementary pension payable. *Grade Factor is a band
specific predefined pension Accrual rate.
Loans:
Interest Free Loan: An interest free loan of Rs. 20,000 as per policy is available to facilitate your settling down. The
amount is primarily intended to cover housing deposit/assistance towards purchase of two wheeler. This is recovered
in 10 equal installments.
Contingency Loan: An Interest free contingency loan of Rs. 50,000 or two months monthly gross whichever is lower as
per policy can be availed in case of contingency. This would be recovered in 20 equal installments. Any loan taken
above Rs. 20,000 will be liable to tax on the notional interest cost as per CBDT rules.
** These benefits are subject to the terms and conditions of the company policy and cannot be converted to fixed cash.
a. Group Personal Accident Insurance (GPAI) Program: Rs. 12,00,000 Through GPAI you are covered by way of
round-the-clock risk coverage against any accidents occurring while at work or outside of work resulting in
partial or total disablement or casualty. Employees can also get an extra coverage for a nominal and highly
negotiated premium.
b. Group Term Life Insurance: Rs. 14, 00,000 in the unfortunate event of death on account of either accidents or
natural causes, your surviving family members would be eligible for an insurance cover under this policy. This
sum insured is inclusive of cover as per EDLI (Employee Deposit Linked Insurance). Employees can also get
an extra coverage for a nominal and highly negotiated premium.
Please note: More details on the above mentioned policies are available on My Policies Section in My Wipro
accessible on joining. Access through My Wipro -> My Policies ->India > My Financials -> Group Life Insurance/
Personal Accident
The policies mentioned here are policies of the Company as on date, this is subject to change in future as per
policies of the Company from time to time.
Wipro Voluntary Superannuation Plan offers an easy and convenient way to help you lead a happy and tension free life
by planning your retirement. Starting contribution to pension plan at an early age gives you enough time to contribute
towards building your retirement corpus and leverage the compounding interest earned by the corpus year on year.
You simply have to choose the scheme that suits your investment horizon and risk tolerance.
A voluntary defined contribution Plan wherein you will have an option to enroll and choose your Pension Service
Provider (PSP) within 30 days from the date of joining the company.
We currently have tie-ups with two leading PSPs to manage the superannuation funds. LIC & ICICI offer a
superannuation scheme which offers interest on accumulated balance every year. ICICI Prudential also has an Unit
Linked Superannuation scheme which offers you a market linked return, range of fund options to suit your risk appetite
& transparent fund management.
The enrollment option can be exercised only once in the service with the organization and cannot be reversed once
made. VSS enrollment window period will, also, be available once every financial year. The Company, on behalf of the
member employee, shall contribute 15% of basic salary, towards the scheme selected by the member. In case 15% of
basic exceeds Rs.1,50,000 per annum, member employee will have an option to restrict the contribution to
Rs.1,50,000 per annum to avoid perquisite tax (perquisite tax is applicable on contributions exceeding Rs.1,50,000
every year).
Annual pension contribution amount is re-adjusted from fixed cash component and will reflect under ‘Pension’
component in the salary stack of the enrolled member. The accumulated contribution amount and the interest earned
(or the corpus) can be utilized to avail the retirement benefits.
For further clarity, please refer the Policy on My Wipro -> My Information Sources > India -> My Financials-> Deferred
Benefits-> Voluntary Superannuation Scheme. After reviewing the related documents if you wish to enroll into VSS,
please log onto My Wipro-> My data->My Financials-> Pension, and exercise the option within 30 days of joining the
Company. In case you miss enrolling into VSS in this window period, you can do the same in the window period that is
available for all employees once every financial year.
Accept Decline
Sarjapur E :[email protected]
Road
Bengaluru
W :wipro.com
560 035
India C :L32102KA1945PLC020800
22856378
Strictly Private and Confidential
Date: 04/13/2022
C10951054
8889406690
Based on our recent discussion with you, we are pleased to extend an offer to join Accenture Solutions Pvt. Ltd. ("Company or Accenture
as the case maybe") in our Advanced Technology Centers, India, as per the below terms and conditions:
• Annexure IV-Declaration
Your employment with Accenture will be governed by the clauses mentioned in the attached 'Terms of Employment' effective from your
date of joining. You are required to carefully read and understand these Terms of Employment before responding to this Offer. This Offer
and your employment with Accenture is subject to successful completion of the qualifying examination from your college , as well as
satisfactory completion of verification and/or background or reference checks, which may occur at any time prior to or after your effective
start date.
and complete and no material information has been withheld by you. Accenture is providing this offer of employment basis preliminary
information provided by you at the registration stage and a declaration concerning your agreement with the eligibility criteria. You
understand and acknowledge that your employment with Accenture shall be subject to further verification of details and materials/
documents provided to Accenture as well as any further verification deemed necessary to finalize your candidature. You shall continue to
meet the eligibility criteria up till and on the date of joining Accenture (if applicable) and agree that Accenture has the right to revoke the
offer of employment,in case of failure of verification, or if you are not meeting the eligibility criteria or in case of any misrepresentation at
your end.
Your onboarding date will be intimated to you over a separate e-mail by Accenture onboarding team few weeks prior to your actual
onboarding date. You will receive an email from [email protected]. You are expected to confirm to the same by
responding to our email and share your acceptance to join us on the stipulated date.
At Accenture, the health and well-being of our people, our clients and the community is our top priority. We are also committed to
complying with all government safety protocols as we bring our people to our offices. To operate offices at full capacity, there is a
growing mandate from government authorities to have all employees vaccinated against COVID-19. Considering this, we expect all our
employees to be vaccinated. Therefore, you should ensure to take both doses of the COVID-19 vaccine before onboarding, unless your
second dose is due post onboarding, and in that circumstance the second dose should be taken within the government prescribed
timelines.
Please note that compliance with these provisions is a condition precedent for the offer or your continued employment with the
Company.
Fundamental Skill Primers Learning Module: As you are aware that as part of providing our new joiners a unique learning experience,
Accenture proposes an online learning module - Fundamental Skill Primers. This document further enhances and details of the learning
opportunities and terms of training / assessments that were previously mentioned in your Letter of Intent.
• The learning module of this program is typically made available to you to give you a reasonable time to learn at your pace and comfort.
• After completing the Fundamental Skill Primer Learning, you will need to go through the Fundamental Skill Primer assessment.
Upon joining the Company further Stream training program(s) will be conducted for a specific duration on the specific skill set assigned to
you. Periodic assessments will be conducted throughout this training program which you are expected to clear. Each of such
assessments including Primer assessment will add towards your final score. A min. of 60% will need to be scored for successful
clearance. If you are unable to score 60% in the first attempt, you will have up to two additional attempts and will be required to score
Your employment with Accenture is subject to your successful completion of the Stream training program and assessments as
mentioned above. If you are unable to clear the Stream training assessments in the given 3 attempts successfully, your services with the
By completing 100% of Fundamental Skill Primer online modules before the Fundamental Skill primer assessment and scoring 75% or
above in the Fundamental Skill Primer assessment, a potential new joiner will be eligible for a learning Incentive of INR 10,000 provided
new joiner is employed with the company for minimum three months.
In the event a government body/Authority exercising its jurisdiction and statutory power/Authority seeks information pertaining to any
aspect of your employment, the Company shall provide such information to the government body/Authority without any notification to
you. The foregoing shall be applicable to information pertaining to your employment being shared in pursuance of statutory
requirements/compliance. You may belong to this category and your details will be disclosed to these authorities.
To indicate your acceptance of this Offer and Terms of Employment with Accenture, please confirm your acceptance/rejection by
logging on to Accenture Recruitment Portal (https://india.jobs.accenture.com/default.aspx) using your unique reference number,
candidate identification (CID) and mobile number within 14 days (fourteen days) from the date of this letter, post which the link will be
disabled for you. If we do not receive your response before the expiration of 14 days (fourteen days) from the date of this letter, the terms
of this Offer of employment will be deemed to have been rejected by you, unless otherwise communicated to you by the Company in
writing. Further, at the time of joining you are required to provide all documentation identified in Annexure II along with the signed copy of
this Offer letter and Terms of Employment.
After accepting this Offer, we encourage you visit Countdown to the Company-
We look forward to hearing from you regarding your decision to join the Company. I wish you a successful career ahead of you and look
forward to your joining us.
Annual Total Cash compensation structure as per the Company guidelines is:
Annual (INR)
(B) Local Variable Bonus (LVB) earning potential (at maximum 8.5%) 32,500/-
Gratuity for each year of service (indicative and assumed value calculated at INR 6,400/-
an approximation of 4.81% of annual basic)
Annual Total Earning Potential + Additional Notional Benefits (A+B+C+D) INR 415500/-
guidelines and applicable statutory norms.Please note the annual fixed compensation includes employer's contribution to Provident
Fund, as applicable.
indicative pay-out can range from 0% to 8.5% of the prorated fixed pay in the Fiscal year, subject to the overall terms and conditions of
components, your LVB is also linked to your Individual Utilization. The Company may, at any time and in its sole and absolute discretion,
amend, suspend, withdraw vary and/or modify any of the terms and conditions of the LVB program guidelines The LVB will be paid out
subject to you being on the roles of the Company on the date of disbursement of these pay outs and will be prorated based on your
tenure in Accenture India and considering the period of leave without pay during the said fiscal year.
You are also eligible for a joining bonus of INR 25,000/- payable upon joining the organization and that will be paid out along with salary
of the month of joining or succeeding pay month. In case you leave, or your services are separated from the Company (except for ramp
down or redundancies by the Company) before completion of 1 year from the date of joining, then this whole amount shall be recovered
from you.
if any, shall be as per the existing law. Please note that since your cost to the Company (CTC) includes employee's as well as
employer's contribution to Provident Fund, appropriate adjustment in your monthly salary will be made for Provident Fund contributions
as per applicable laws/regulations in existence (or amendments from time to time). Withdrawal (if any) from Provident Fund is regulated
by the government of India and is subject to government approvals and prevailing laws (amended from time to time). Any person
desirous of such withdrawal need to comply with applicable law and procedures laid down by the authorities.
In addition to your annual total cash compensation, you will be eligible for following benefits, which will be governed by
Company policy:
Employee Deposit Linked INR 7,05,000/- (If you contribute towards Employee
Self Company
Insurance (EDLI) Provident Fund)
a) Medical Insurance for self, spouse and 2 dependent children up to INR 3,00,000 per annum. This plans allows for coverage of pre-
existing ailments. This is as per current arrangement with our Insurer and is subject to review from time to time.
b) You have the option of availing Accenture negotiated rates to cover your parents, parents-in-law and siblings up to INR 10,00,000
& any additional child up to INR 5,00,000 under a separate Insurance plan. You also can avail optional Top-Up and/or Critical Illness
Policy for yourself and your dependents (spouse and 2 children) up to INR 10,00,000. The entire premium for this will have to be borne
by you. These plans allow for coverage of pre-existing ailments. This is as per current arrangement with our Insurer and is subject to
c) For Permissible claims under the Medical Insurance plans detailed above, you will be required to contribute a defined percentage
• 20% of such claims for parents, parent’s in-law, siblings, and additional children under the separate Insurance plan.
2.Personal Accident coverage for self, up to three times your annual fixed compensation.
a) You have the option of availing Supplemental Accident cover at Accenture negotiated rates for yourself and/or your spouse. The
3.Life Insurance coverage equivalent to one time of your annual fixed compensation with minimum cover of INR 5,00,000.
a) You have the option of availing Supplemental Life cover at Accenture negotiated rates for yourself and/or your spouse. The entire
5.You will also be eligible for the Employee Stock Purchase Plan, which will provide a 15% Discounted Rate on ACN Stock traded on
NYSE.
a) Employee Stock Purchase Plan (ESPP): The Employee Share Purchase Plan gives the employee an opportunity to purchase
Class A common shares in Accenture Limited at a discount through payroll contributions. By participating in this plan, an employee can
develop his / her ownership in Accenture and increase his/ her stake in Accenture’s success.
6.Accenture provides you with access to the Employee Assistance Program (EAP) at no cost. EAP helps you and your immediate
family members deal with work-life stressors, family issues, financial concerns, relationship problems, and even drug or legal concerns.
The EAP services cover up to 5 in-person visits, short-term counseling, confidential access to assessments, referrals and follow-up
service
In addition to the above, you will also be eligible for the following benefits:
• One time relocation allowance subject to a maximum of INR 2500.00/- on submission of actual supporting as per policy.
Details pertaining to relocation allowance will be provided to you at the time of joining the Company. In the unlikely event you choose to
assistance will be construed as debt due and payable by you and should be repaid on termination of your employment. Any dues
payable by you on termination will be recovered from your final settlement to the extent possible.
The Company may, at any time and in its sole and absolute discretion, amend, suspend, vary and modify any of the terms and conditions
From the date of your joining, the compensation and benefits mentioned in this annexure will be applicable to you until any
GST Clause:
Following the implementation to the GST regulations with effect from July 1st 2017, please note the treatment to any continuing
obligations that you have, pursuant to any signing/joining/relocation/retention bonus as per the terms of your employment, will be as
under:
Any signing, joining, relocation or retention bonus received by you will be paid along with salary of the relevant or succeeding pay month.
This amount is recoverable as per your employment terms, if your service commitment with Accenture change. Any such recovery or
adjustment shall be made from your salary pertaining to the service month before your last working day in the Company. Any shortfalls
will be adjusted against any further amounts due and payable to you.
General Tax:
All compensation will be paid to you after deduction of tax at source, in accordance with applicable law. You will be solely liable for your
personal tax liabilities, as per applicable law, both in India and abroad.
7.Pan Card
8. Copy of Aadhaar Card- We request you to provide for meeting the UAN generation requirement and any other compliance required
by governing regulating authorities like EPFO, ESIC, labour welfare fund and others.
Please note that by voluntarily sharing your Aadhaar details, you are also authorizing us to share it with third parties under contract with
the company and which are bound by confidentiality provisions to meet any regulatory requirements and internal procedures of the
company including but not limited to making verifications. Do note that the provision of Aadhaar details and seeding Aadhaar with UAN
as well as completing KYC requirements of EPFO is necessary and if you are unable to do so this may delay submission of your PF
I hereby represent and warrant that as of my effective start date of employment with the Company, I will have: (a) terminated my
employment with any current/previous employer and any other employment or contractor relationships; and (b) satisfactorily performed
and completed all my obligations which apply/applied to me vis-à-vis any current/previous employer and any other employment or
contractor relationships
I hereby represent and warrant that I have not, during the course of any current/previous employment and any other employment or
contractor relationships, entered into or agreed to any arrangement which may restrict, prohibit or debar or conflict or be inconsistent with
my acceptance of the offer made by the Company or employment with the Company, including, but not limited to, any time-bound non-
I hereby represent and warrant that I shall not bring into Accenture premises (or use in any manner) any third party documents
(regardless of media) or materials (including but not limited to trade secrets) with myself to Accenture, including any such documents or
materials from my previous employer. To the extent I feel that my employment at Accenture would require me to bring any third party
documents or materials to Accenture I shall not bring any such documents or materials unless I have taken all permissions/approvals
from the third parties before accepting the offer from Accenture. I further represent and warrant that I have not and will not
inappropriately disclose or misuse any confidential information obtained from and/or in connection with any current/previous employer
and any other employment or contractor relationships. I agree and acknowledge that a breach of this provision shall entitle Accenture to
________________________________
Sachin Kumar Wadhwani
Date:
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