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C1 Software Engineer Salary Breakdown

The document outlines the salary components and benefits for employees, including fixed salary, provident fund, gratuity, performance bonuses, and various reimbursements. It details the total compensation package, including sign-on and relocation bonuses, as well as allowances for broadband, tuition, and medical expenses. Specific salary figures for different engineering roles and intern positions are also provided.

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vermabarsati08
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9 views4 pages

C1 Software Engineer Salary Breakdown

The document outlines the salary components and benefits for employees, including fixed salary, provident fund, gratuity, performance bonuses, and various reimbursements. It details the total compensation package, including sign-on and relocation bonuses, as well as allowances for broadband, tuition, and medical expenses. Specific salary figures for different engineering roles and intern positions are also provided.

Uploaded by

vermabarsati08
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd

BU

Grade

Components

Fixed Salary
Provident Fund
Gratuity
Performance Bonus (on target)
Total
Sign on Bonus
(paid in two equal instalments)

Relocation Bonus
Total Package
Relocation - movement of Goods
Relocation - Food and Laundry
RSU
Total CTC
Other Benefit

Broadband Reimbursement

Tuition Reimbursement

Medical Reimbursement

_x000D_ Cisco Confidential


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Salary component

Fixed Salary

PF & Gratuity are retiral benefits which are paid as per Government guidelines

Paid Annually and will vary by company & Individual performance


Total

One-time sign-on bonus is payable in two (2) equal instalments, payable at the end of 1st year(13th month)
and 2nd year(25th month) from your employment start date

Applicable for Employees relocating from a different City - One Time only
Total Package
Paid on actuals on submission of bills:
Movement of Goods - Up to Rs.45,000
Food – Up to Rs.7,500 (500 x 15 days)
Laundry – Up to Rs.6,000 (400 x 15 days)

Total CTC

Broadband Reimbursement – Up to Rs.48,500 in a year (Paid on actuals on submission of bills) - Monthly


bill of up to $50 + One-time installation charge of $50 (Assuming $1 = Rs.74.6)

Tuition Reimbursement – Up to Rs.1,25,000 (Paid on actuals upon required business/manager approvals)

Medical Reimbursement (As per current policy. Subject to change)


a) Outpatient coverage up to Rs.35,000 (includes dental treatments, parental health check-up and other
OPD expenses)
b) Medical Insurance coverage of Rs.6,00,000 for self and family (Top up option up to Rs.8,00,000 can be
availed by the employee by paying a subsidised premium)

_x000D_ Cisco Confidential


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Development Development
Engineering C Engineering C
4 6
Software Software
Engineer Engineer
Bachelor Masters
1,450,000 1,750,000
87,000 105,000
34,800 42,000
72,500 87,500
1,644,300 1,984,500

650,000 650,000

120,833 145,833
2,415,133 2,780,333
45,000 45,000
13,500 13,500
-
2,473,633 2,838,833

48,500 48,500

125,000 125,000

635,000 635,000

_x000D_ Cisco Confidential


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Accommoda
Monthly
Role Grade tion Total
Stipend
Allowance
Technical
Undergraduat Intern/099​ ​88000 10,000​ 98,000​
e Intern
Technical
Graduate Intern/099​ 111,300 10,000​ 1,21,300​
Intern

_x000D_ Cisco Confidential


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