Date: July 1st, 2024
Ref: LTI/HR/XN9/Campus/2024
Name: M V Chandana
LETTER OF OFFER FOR GRADUATE ENGINEER TRAINEE
Dear M V Chandana,
Welcome to LTI (hereinafter referred as the "Company"). Congratulations on being selected as a
Graduate Engineer Trainee. This offer is on the following terms and conditions, subject to fulfilling the
eligibility criteria (Refer 'Annexure 1') and a successful background check.
1. During the training period (includes classroom and on the job training) of 3 months, your Stipend
including all benefits will be Rs. 30000 pm.
2. All payments made to you would be subject to deduction of applicable taxes at source (TDS).Your
remuneration is strictly confidential between you and the Company and should not be discussed
with anyone nor divulged to anyone in any manner whatsoever, except with the prior consent of
the Company.
3. You will also be issued a detailed Letter of Appointment as Graduate Engineer Trainee subject to
you meeting the eligibility criteria as mentioned in 'Annexure-1'. Your appointment is in
accordance with the Apprentices Act, 1961.
4. Documents - Your offer is subject to you submitting all the mandatory documents at the time of
joining. (Refer 'Annexure-2')
5. Background Verification - As a part of background verification, we need your acknowledgement
and authorization to undertake necessary background verification through internal or external
agencies. These are including but not limited to your educational / professional credentials and
other background checks. If any discrepancy is discovered after you have joined the Company or
during background verification, this offer shall stand withdrawn, apart from other legal action
being initiated against you.
6. If the above stated terms and conditions are acceptable to you, kindly upload an acknowledged
scanned soft copy of this Graduate Engineer Trainee Offer Letter on the and register your
credentials therein within seven (7) days from the date of this letter.
If you do not register your credentials within the above period on the Company portal and
accept the offer on the portal within (7) days, the aforesaid offer automatically stands
cancelled. Post registration on the above portal, if you do not join on the date intimated to you,
this offer will be cancelled at the discretion of the Company.
7. You are required to register yourself as an apprentice on the apprenticeship portal
[Link] within [7] days from the date of this offer or once your final
semester is completed as applicable.
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8. You may be confirmed in 3 months from the effective start date of your employment with the
Company. During this period, a prior notice of 7 days shall be applicable, in case of voluntary
resignation by the employee. Your employment with LTI will be terminated without any notice or
stipend or compensation in lieu of notice in the below circumstances, which you agree are
reasonable and acceptable:
ͻFailing to meet the qualification criteria during the Training Program assessments
ͻUnauthorized absence during the Training Program
ͻIntegrity and other disciplinary expectations
9. All Annexures appended herewith shall form an integral part of this letter.
10. Your engagement with the Company will be governed by the rules, regulations and policies of
the Company in effect.
11. The terms and conditions mentioned above are subject to change at any time at sole discretion
of the Company and as per business demands without prior notice.
12. According to the standard practice of our Company, you will treat the above terms of this letter
as strictly confidential.
13. Post successful completion of 3 months and subject to joining the Company, your annual CTC
including all benefits will be as per the details mentioned in 'Annexure-3'.
14. As a part of your transition from campus to corporate world, you may be engaged in various
learning and development programs prior to your joining the Company. You are therefore
requested to complete the Company training which will be communicated to you separately.
Company has made significant investments into these learning and development programs for
your professional development and therefore would urge you to actively participate in the
trainings and complete them with at least the minimum score required. The evaluations of your
performance in these trainings are critical and the outcomes would have a direct impact on your
onboarding.
We welcome you to the LTI family and look forward to a long and fruitful association with
you. Yours faithfully, For LTI Ltd.
________________________
Thiagu Dharmalinga
Senior Manager -Talent Acquisition
I have read the letter and accept the same.
___________________
Signature and Date
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ANNEXURE-2
Please bring along with you the following documents in original and one copy of the same.
A. Duly acknowledged copy of the Graduate Engineer Trainee Offer Letter.
B. Non-Disclosure Agreement.
C. Two copies of your recent passport size photograph with white background.
Attested copies of the following are required:
1. Proof of age.
2. SSC/HSC or equivalent examination mark sheets.
3. Diploma / Degree mark sheets for all the Semesters/Years.
4. Passport first & last page.
5. Four wheeler Driving License.
6. Pan card.
7. Aadhar card.
You are requested to note that our offer is subject to submitting the above documents.
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ANNEXURE-3
Name : M V Chandana Date : Junl 1st, 2024
Salary Grade : P1
Components INR. (p.a.) INR. (p.m.)
Basic 180000 15000
Bouquet of Benefits 162180 13515
Bonus 74633 6219
Base Salary (p.a.) 363180 34734
Annual Incentive 0
Total Variable (p.a.) 0
TTC(p.a.) 416813
PF 21600 1800
Gratuity 8658 722
Mediclaim Premium(p.a) 12929 1077
Retirals & Other Benefits(p.a) 43187 3598
Cost to Company (CTC) 460000 38332
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Medical Insurance Premium:
The Group Mediclaim Policy of Company covers Employee, Spouse & upto 3 dependent children (below 25 yrs of
age). Coverage limits are as per company policy.
You would also be eligible to be covered under the Voluntary Group Term Life and Group Accident Insurance
policy as per the company policy.
Notes:
1)Basic will be reckoned for PF, Gratuity (If applicable) and Leave Encashment as per rules.
2)Bouquet of Benefits* /Flexi Pay consists of Flexi-components which may include
HRA,Conveyance,LTA,MealAllowance and Adhoc allowance.
3) H.R.A. will be deducted for accommodation (if any) provided by the Company.
4)The PF amount shown is the Employer's contribution. An equal amount will be deducted as Employee's
contribution.
5) Gratuity payment shall be as per ͞Payment of Gratuity Act, 1972".
6)Any or all of the above allowances may be altered / withdrawn at the sole discretion of the management
and the payment of allowances will be governed by the rules and regulations of the Company as may be
applicable from time to time.
- Income Tax will be deducted at source wherever applicable as per Income Tax Rules.
- Any or all the above allowances may be altered / withdrawn at the sole discretion of the management and
the payment of allowances will be governed by the rules and regulations of the Company as may be applicable
from time to time.
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