BERGER PAINTS INDIA LTD

Annexure
SALES OFFICER TRAINEE COMPENSATION - 2015

EMOLUMENTS

Per Month

Per Annum

FIXED SALARY AND ALLOWANCES

Basic Salary
Fixed DA
House Rent Allowance
Head Quarter Allowance
Conveyance Allowance
Fixed Taxi Allowance
Supplemantary Allowance

Rs
Rs
Rs
Rs
Rs
Rs
Rs

9000
8715
1650
1800
2800
450
1000

108000
104580
19800
21600
33600
5400
12000

Total Monthly Rate (A)

Rs

25415

304980

LTA (@1 month Basic Salary + Fixed DA)

Medical (@ I month Salary + Fixed DA)
Annual Bonus / Exgratia

Rs
Rs
Rs

1476
1476
700

17715
17715
8400

Total (B)

Rs

3653

43830

Rs
Rs

2126
852

25510
10220

Cell Phone Reimbursement

Rs

500

6000

Total (C )

Rs

3477

41730

Sales Incentive ( Max.)

Rs

60000

Total (D )

Rs.

60000

Gross Salary (CTC)

(Total of A+B+C+D)

Rs

32545

450540

BENEFITS

RETIRALS
PF (@12% of Basic Salary + Fixed DA)
Gratuity(@15 days pay/year)
PERQUISITE

VARIABLE PAY

NOTE :
a) Aditional benefits extended by the company as per Company policy is Group Mediclaim Insurance coverage of Rs 1,00,000/- per annum
for self and immediate family ( wife & two children).
b) LTA can only be availed after completion of one year of service.
c) Sales Incentive amount stated is an indicative figure based on an assumption that you will earn the maximum of 100%.
However actual incentive may vary from 0-100% subject to your performance as per the desired norms.
The incentive shall be applicable only on being assigned field job and is effective from the 3rd Qtr of the financial year 2013-14, and shall
be payable provided you are on the rolls of the ecompany during the time of payout.
d) Annual Bonus for the period (April - March) is payable in September / October of every year.
e) Medical is a reimbursement benefit covering only immediate family members ( self & wife ) during the training period.
f) Two wheeler shall be alloted as per company OYTW Scheme & individual grade entitlement.
g) Leave entitlement with in a year long training period : Contingency Leave of 15 days.

BERGER PAINTS INDIA LTD

TECHNICAL SALES OFFICER TRAINEE COMPENSATION - 2013

EMOLUMENTS

Per Month

Per Annum

FIXED SALARY AND ALLOWANCES

Basic Salary
Fixed DA
House Rent Allowance
Head Quarter Allowance
Conveyance Allowance
Fixed Taxi Allowance
Supplemantary Allowance

Rs
Rs
Rs
Rs
Rs
Rs
Rs

9000
7395
1650
1800
2800
450
1000

108000
88740
19800
21600
33600
5400
12000

Total Monthly Rate (A)

Rs

24095

289140

LTA (@1 month Basic Salary + Fixed DA)

Medical (@ I month Salary + Fixed DA)
Annual Bonus / Exgratia

Rs
Rs
Rs

1366
1366
700

16395
16395
8400

Total (B)

Rs

3433

41190

Rs
Rs

1816
728

21794
8732

Cell Phone Reimbursement

Rs

500

6000

Total (C )

Rs

3044

36526

Sales Incentive ( Max.)

Rs

60000

Total (D )

Rs.

60000

Gross Salary (CTC)

(Total of A+B+C+D)

Rs

30571

426852

BENEFITS

RETIRALS
PF (@12% of Basic Salary + Fixed DA)
Gratuity(@15 days pay/year)
PERQUISITE

VARIABLE PAY

NOTE :

a) Aditional benefits extended by the company as per Company policy is Group Mediclaim Insurance coverage of Rs 1,00,000/- per annum
for self and immediate family ( wife & two children).
b) LTA can only be availed after completion of one year of service.
c) Sales Incentive amount stated is as indicative figure based on an assumption that you will earn the maximum of 100%.
However actual incentive may vary from 0-100% subject to your performance as per the desired norms.
The incentive shall be applicable only on being assigned field job and is effective from the 3rd Qtr of the financial year 2013-14, and shall
be payable provided you are on the rolls of the ecompany during the time of payout.
d) Annual Bonus for the period (April - March) is payable in September / October of every year.
e) Medical is a reimbursement benefit covering only immediate family members ( self & wife ) during the training period.
f) Two wheeler shall be alloted as per company OYTW Scheme & individual grade entitlement.
g) Leave entitlement with in a year long training period : Contingency Leave of 15 days.

Annexure

Rs 1,00,000/- per annum

year 2013-14, and shall