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Dear Nethra,
We are pleased to revise your compensation and benefits program effective from February 01, 2010.
Details of the revised compensation structure are as below:
Career Group: B1
Element
Basic
Special Allowance
HRA
Commutation Allowance
Wipro Benefits Plan (WBP)
Additional Allowance
Total Fixed Cash
PF (12% of Basic)
Gratuity & Survivor Benefit (5.31% of Basic)
Total Fixed Compensation
Other Compensation Benefits
Health Benefit (Medical)
Variable Pay
Target QPLC
Total Cost To Company per month
Total Cost To Company per annum
(Figures in Rs / Month)
Current Revised Difference
6290
6850
560
500
0
-500
2516
2740
224
800
800
0
7978
9609
1631
3151
3151
0
21235
23150
1915
755
822
67
334
364
30
22324
24336
2012
325
325
2517
25166
301992
2740
27401
328812
223
2235
26820
The changes are subject to the company policy and are effective while you are in India. If you are currently
on a long term onsite assignment, the revised salary will be applicable to you on completion of long term onsite
assignment.
Please refer to Annexure I & Annexure II for a quick overview of Medical and Insurance Program and other
Benefits applicable to you.
Please note that your compensation structure is personal to you and you are requested not to share details of
the same with others.
We take this opportunity to congratulate you and look forward to your continued contribution.
Yours sincerely,
for WIPRO LIMITED
Sanjiv K R
Senior Vice President-Business Technologies Services
Wipro Limited, Doddakannelli, Sarjapur Road, Bangalore 560 035. India Tel: 91-80-2844 0011,Fax: 91-80-2844 0054
Employee Deposit Linked Insurance (EDLI) scheme is merged with Life Insurance w.e.f. 1st
November 2009 hence your revised Life Insurance limit is Rs 1,390,000/With the last renewal we have also introduced revision in room rent limits for the hospitalization
cover. These limits have been revised upwards to Rs 2,400/- per day & Rs 1,750/- per day for A
and B class cities respectively
The below mentioned Benefits are applicable to you and your immediate dependant family:
Medical Assistance Scheme (MAS)
Upto Rs 15000/- per annum or one month basic, whichever is higher. This can be used for the
following:
Medicine chest
Limit of Rs 2,500/Spectacles/Contact
Rs 4,000/- for spectacles & Rs 6,000/- for bifocal lenses for each member
Lens/Bifocals
Reimbursement for Domiciliary expenses including doctor's visit and
Domiciliary
prescribed
medicines, hearing aid, dental expenses etc.
Reimbursement of premium paid towards Parental Insurance upto Rs
Parental Insurance
10,000
Medical Benefit Scheme (MBS)
Reimbursement of upto Rs 50,000/- . Expenses for specified illness like cancer, paralysis, coronary
artery
disease, arthritis, diabetes etc.
Catastrophic Medical Assistance Program (CMAP)
Reimbursement of upto Rs 300,000/- . Reasonable expenses of catastrophic illnesses like kidney
transplant, complex coronary surgery etc.
Survivor Benefit Pension
Monthly income to the surviving family (as nominated) in event of death of an employee in the form of
pension
Insurance Cover
Total Insurance
Personal Accident
Hospitalization
Life Insurance Cover
(Life + Personal
Cover
Accident )
Rs 200,000/- family
floater + Corporate
Rs 1,390,000/Rs 1,200,000/Rs 2,590,000/buffer
The above limits are as per the current employee policy and are subject to change from time to time. For
more details please refer to the policies on myWipro>My Information Source>People Practices>View all
policies>India
Wipro Limited, Doddakannelli, Sarjapur Road, Bangalore 560 035. India. Tel: 91-80-2844 0011 Fax: 91-80-2844 0054
Visit http://Channelw.wipro.com/Fitforlife
today and gift yourself & family a healthy
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Articles & case studies published on a
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Mitr
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employee
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Any thing that bothers you be it
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http://Channelw.wipro.com/mitr
Wipro Limited, Doddakannelli, Sarjapur Road, Bangalore 560 035. India. Tel: 91-80-2844 0011 Fax: 91-80-2844 0054