Wednesday, March 11, 2015

NESTLE NUTRITION

INTERESTED STUDENTS :CLICK HERE TO REGISTER
LAST DATE FOR REGISTRATION IS 12/3/2015 BEFORE 03:00 pm


Salary (per annum in Rs.)

Basic Salary
120,000

House Rent Allowance
48,000

Compensatory Allowance
138,201

Conveyance Allowance
9,600

Leave Travel Allowance
30,000
A
Fixed Salary
345,801
B
PMS Entitlement at 100% Payout level
76076


(22% of Fixed Salary)
C
Gross Salary (A+B)
421,877
D
Target Bonus at 100% Payout level
NA
E
Total Salary (C+D)
421,877
F
Medical Remibursement (Domiciliary) limit
12000
(36,000 for Block of 3 yrs.)
G
Statutory Components


1) PF - @12% of Basic Salary
14,400

2) Gratuity* - @4.81% of Basic Salary
5,772
H
NPS Contribution** @ 5% of Basic Salary
6,000
I
Total Cost to Company*** (E+F+G+H)
460,049


  • Maximum Earning is upto 130% of the Performance Bonus amount mentioned
  • above, in the Management Bonus Scheme
  • Entitled for gratuity only after minimum 5 years continous service with Nestle and a
  • ceiling of Rs.1,000,000/-
  • As per the applicable company policy effective 1st Nov 2013; Company contribution
  • to NPS (National Pension System) as
  • follows
  • @5% of basic from date of joining till 5 years of service
  • @7.5% of basic from 5 years to 10 years of service
  • @10% of basic for greater than 10 years of service
  • The CTC does not include the benefits under Loan Schemes and Hospitalisation
  • scheme.
POSITION : NUTRITION OFFICER
60% & above  in X, XII, UG & PG; Willing to relocate anywhere in South India and with excellent communication skills