Sonawane Tushar 22020172
Sonawane Tushar 22020172
Sonawane Tushar 22020172
Ref: LTI/HR/EN9/Campus/2023
Name: Tushar Sonawane
College: VIIT
LETTER OF OFFER FOR GRADUATE ENGINEER TRAINEE
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. 25000 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')
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 CampBuzz Portal
(https://campbuzz.lntinfotech.com) 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
http://www.mhrdnats.gov.in 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 Dharmalingam
Senior Manager -Talent Acquisition
I have read the letter and accept the same.
___________________
Signature and Date
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ANNEXURE-1
Eligibility Criteria for Engineering - Year 2023 Batch
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Self-Declaration:
1. You should meet ALL the eligibility criteria exactly as stated above and agree to abide by all the terms of employment.
2. LTI may take immediate action at any time during or after the Interview/Selection/Joining if found hiding any information/involved in any sort of
malpractices/producing incorrect information or not meeting all the criteria mentioned above.
Name: ______________________________
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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.
You are requested to note that our offer is subject to submitting the above documents.
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ANNEXURE-3
Name : Tushar Sonawane Date : November 10, 2022
Salary Grade : P1
Components INR. (p.a.) INR. (p.m.)
Basic 180000 15000
Bouquet of Benefits 162180 13515
Bonus 21000 1750
Base Salary (p.a.) 363180 30265
Annual Incentive 0
Total Variable (p.a.) 0
TTC(p.a.) 363180
PF 21600 1800
Gratuity 8658 722
Mediclaim Premium(p.a) 12929 1077
Retirals & Other Benefits(p.a) 43187 3598
Cost to Company (CTC) 406367 33863
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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