July 1, 2016

PRIVATE & CONFIDENTIAL

Employee ID: 11161116
Deba Moharana
Annual Reward Review 2016
Dear Deba,
As we embark on a journey to make Vodafone the most loved telecom services provider in India, I would like
to thank you for your contribution and the passion that you demonstrate at work each day.
At Vodafone we are constantly working to enhance our customer value proposition to provide a seamless and
effortless experience to our customers. In this connection we have brought the worlds largest 4G network to
India and have launched Vodafone SuperNet. We plan to cover more than 1000 towns with our 4G network
in this year.
Let us continue to sustain and further accelerate the momentum to build CXX as a cornerstone of our
strategy to differentiate us from our competition. In this journey from Good to Great, I urge you to drive
productivity, efficiency and deliver superior customer service in your own areas of work and influence.
Critical to our culture will be our performance and adherence to our Absolute Safety Rules. No business
success is worthwhile if it is not achieved by ensuring and providing a safe and healthy workplace for our
employees and all our partners who work with us.
Please find enclosed your revised compensation details which will be effective July 1, 2016. Feel free to
contact your Manager or Local HR who may address any queries you may have.
I look forward to your passion and personal commitment to drive a memorable performance in the current
financial year.
Yours sincerely,
For Vodafone India Limited,
Sunil Sood
MD & CEO

This is an electronic letter and does not require any Signature. For any error / inconsistency please contact local HR

C3 Vodafone Confidential

Your 2016 reward statement

Deba Moharana

Employee ID : 11161116

Private and Confidential

2015/2016 Performance Dialogue (PD)

G

Performance Dialogue (PD) Rating

2015/2016 Variable Pay

Variable Pay payout

INR 41,755

The payout calculation takes into account any changes in eligibility, framework and target bonus during the fiscal year as
well as business and individual performance multiplier.

Bonus Payout per Framework

Variable Pay Framework

41,755

From

IND01
30.00%/ORI
70.00%
01-Apr-2015

To

31-Mar-2016

Business performance multiplier

114.8%

Individual performance multiplier

100.00%

2016/2017 compensation
Salary*
Annual TTC effective 1 July 2016

INR 395,500

Monthly TTC effective 1 July 2016

INR 32,958

Percentage increase in salary

13.00 %

Variable Pay
Individual Variable Pay 2016/2017

13.00%

This is an electronic letter and does not require any signature. For any error /inconsistency, please contact local HR.

vodafone.com
C3 - VODAFONE
CONFIDENTIAL

06/18/2016
14:8 CET

Your 1 reward statement

Annexure
Name : Deba Moharana

Band:

Effective Date :

2016-07-01

Current (INR p.m)

Revised (INR p.m)

Basic Salary (% of Fixed Pay)

9,034

10,792

House Rent Allowance (@50% of Basic)

4,517

5,396

Car/Conveyance Allowance (Basis Band)

1,600

1,600

Medical Reimbursement (Basis Band)

1,250

1,250

Leave Travel Assistance (LTA) (Basis Band) 1

1,250

1,250

Management Allowance (Balancing Factor) ^^

7,076

7,583

Retirals (B) ^

1,084

1,295

TOTAL FIXED PAY (A+B)

25,811

29,166

Target Variable Pay ^^

3,355

3,792

TARGET TTC (A+B+C) per month

29,167

32,958

TARGET TTC per annum

350,001

395,500

Designation : Sr. Engr. - Ops &

Maintenance (RF)
Monthly Components (A)

Variable Pay (C) 2

^ Retirals includes PF @ 12% of Basic

1 Leave Travel Assistance is an Annual Component of TTC
2 Payout as per applicable Target Variable Pay and continued employment with the organisation
on the date of payout.
^^ Management Allowance & Target Variable Pay is Inclusive of minimum bonus of 8.33% of basic
(if any, applicable under statute)
All applicable taxes to be borne by the employee

vodafone.com
C3 - VODAFONE
CONFIDENTIAL

06/18/2016
14:8 CET

Total Reward Statement 2016 -17

Hi There,
Do you know about all the great things you get while working at Vodafone?
This is your Total Reward Statement, and it's all about YOU.

Your statement tells you about Total Target Cash and benefits effective 1 st July 2016

Deba Moharana
11161116
Hello Deba,
At Vodafone we are committed to providing market competitive pay benefits to our employees. We strive to provide you
with a wide menu of options that constitute your compensation mix - whether it is through flexible work policies, better
ways of working, opportunities to develop, access to wellbeing services or being able to give something back to the causes
that mean the most to you.
Total Rewards at Vodafone includes more than just your Total Target Cash (or cash compensation). To help you
understand all the elements of your pay and benefits, we are pleased to provide you with this personalized Total Reward
statement for 2016. This statement not only gives a summary of your Total Target Cash but also provides details of various
benefits, and the costs thereof, that are available to you. This will enable you to get a consolidated view of your Total
Rewards package.
Best Wishes,
Suvamoy Roy Choudhury
Director - HR
Warning! Your statement contains your personal details, including your salary, so if youre in a busy office you may choose to
view your statement when your screen cant be seen by others. Please note that this document covers only the key
highlights of current policies & benefits. In the event of any interpretation, the prevailing policy will apply.

What to expect here

Your Pay

Your Benefits

World of Possibilities

Your pay at a glance

Total Reward Elements

Summary

Annual Fixed

Pay & allowances as mentioned in

reward statement

Value (in INR)

350001

Target Variable Pay#

Target pay opportunity at "G" rating

45500

A. Total Target Cash

Gratuity

395501
Gratuity provision as per applicable
statute

B Gratuity
C1. Healthcare Coverage

6229
6229

Premium towards health insurance

cover of 5 Lacs
Premium toward life and accident
insurance cover of 25 Lacs

12600

Your Total Target Cash is your

cash compensation and
includes your fixed pay
(including allowances) in
addition to your annual
bonus/commission.

60919

The value of your Annual

Total Target Cash is:
INR 395501

# Payout as per applicable Variable Pay Plan and continued employment on the date of payout

Refer to your Annual Reward

Letter for a detailed breakup
of your TTC.

C2. Life & Accident Insurance

C3. Mobile & Telephone
Benefits

Value of Handset Allowance, Official

Number & dongle & Family Plan

C. Total Monetized Benefits * (D1 + D2 + D3)

2751
45568

The value of you Total Rewards is INR 462649

* Monetized value of current benefits available to you as per current company policy. Please
note this is a notional amount and does not signify any guaranteed commitment from the
Company

A. Total Target Cash

You would be eligible for

gratuity payment as per
applicable law.

The value of your Annual

Gratuity is : 4.81% *Annual
Basic Salary = INR 6229

B. Gratuity

Your benefits

C1. Comprehensive Healthcare

Insurance
For complete peace of mind and access to quality
healthcare, we provide medical insurance through New
India Insurance to you and your family (spouse+ 2
children). The hospitalization (IPD) benefits under this
policy are:
IPD: You and your family (spouse + 2 children) are
covered for a maximum floater benefit INR 500000
(with INR 2 lakh reserved for you and INR 1lakh for each
additional member enrolled).
OPD: Tax Benefits up to INR 15000 with defined limits
for dental and vision. The Company provides this as part
of your TTC.
Additionally, if you want the flexibility of covering your
Parents AND / OR Parents-in-law, you can do so under a
voluntary program by paying negotiated premiums. Not
only the premiums are competitive, your dependents
are covered from Day 1 even for pre-existing
diseases without any medical test.
The value of Annual premium we pay to provide this
cover is INR 12600 [No of dependents (4) * Premium
per life (INR 3150)]

Follow Absolute Safety Rules

C2. Life & Personal Accident Insurance

The company provides you with Group
Term Life and Group Personal Accident
Insurance cover of INR 25 Lakh against
loss of income in the event of death or
full/partial disability. The annual premium
we pay to provide this cover is INR 2751

Stay Connected
Official Number and Dongle
Office work on the go? Now its
possible. We give you 2 connections
(1 Mobile & 1 dongle with pooling
benefits) for your day to day
business communication. For usage
beyond the plan an amount up to
Rs.1000 is waived from your bill.
The annual value of this benefit is
INR 22788 [i.e. 12 * INR 1899 (INR
1000 waiver + INR 899 value of
Employee Red plan rental)
Family Plan
You love our services. Your family
should too, right? You can get up to
5 mobile connections at discounted
tariff plans for your family members.

Mobile Handset allowance

Vodafones data services are
best experienced on a
compatible handset. We
give you a handset
allowance of INR 11000
every 2 years.

The annual value of this benefit is

up to INR 17280 depending on no.
of connections & tariff plan (i.e. 12
* No. of Connections * Monthly
discount over market plan)

The annual value of the

handset allowance is INR
5500 (i.e. INR 11000/2)

C3. Mobile & Telephone Benefits

World of Possibilities
Recognition
We all like to be appreciated for a job well done, so we encourage
everyone to take the time to recognise the contributions made
by our people every day. In line with this philosophy we have the
following awards:
Vodafone Stars is recognition for going the extra mile, whether
its a one-off project supporting the delivery of our business
goals, or demonstration of a can-do attitude and living the
Vodafone Way.
Service Awards: For 10 years of service
Performance Awards: Some the programs for recognizing
exceptional performance/behaviors are CXX Heroes, Mega Stars,
Strike Force & Circle Combat.

Development Opportunities
Were at our best when youre at yours. Theres one
overriding reason for our success and thats you. If youre
not growing, then neither are we. We offer a range of
learning and development opportunities designed to
encourage you to grow both professionally and personally.
They are:
Individual development plans. Your manager will help
you create a personal development plan to help you
build the skills to meet business needs and support your
performance goals.
Classroom based workshops to help you learn and
practice skills essential to your success
Vodafone Learning which gives access to more than
1300 online courses with dedicated academies for
Technology, Marketing, Sales, Retail etc.
Leadership development with established partners like
Harvard through Harvard Manage Mentor and various
Leadership Essential programs for new managers or
people wanting to refresh their people management
skills
Global Development programs (Inspire and
Excellence) in association with leading Business
Schools, professional coaches and facilitators to
challenge and develop our future global leaders.
Kwench : An online library ready to deliver your desired
book at your desk
Vodafone Scholars: Our nomination based educational
assistance for programs and certifications through
accredited institutes / universities, for business-related
course work up to INR 100000.
Career Explorer: Our Internal Job Posting platform that
allows you to garner varied cross functional experiences
across locations

Social Service
Giving Something Back is a core part of what we do and
were committed to supporting you to give back to the
communities as well
World of Difference: Our flagship initiative enables
you to work for an NGO of your choice on a unique and
defined project for eight weeks.
Charitable giving and fund-raising: managed by
Give India, a donation platform. You can voluntary to
have a small part of your salary deducted every month
which can be donated to a cause of your choice.

Work Life Balance

Flexible Work Arrangements

The V-flex program aims to provide further flexibility to balance your

personal and professional priorities and is summarized below:

TIME-FLEX: Allows you to join or to move into

contractual arrangements and thereby reduce
their time commitment at work to tend to personal
needs. The contract for service shall not exceed 30
hours per week.

Your Annual Leaves

*Can be carried forward into the next year
** Maternity & child adoption leave is inclusive of weekly off and
it also have an additional benefits of including the choice to
choose a 6 hour work-day subject to a minimum 30 hour work
week for 180 continuous days post return to work.

BREAK-FLEX: Allows you

to take a sabbatical from
work for up to 540 days
including weekly offs.

WEEK-FLEX: Allows you to

take one day off per week
for up to 6 months including
weekly offs.

Leave Type

Annual Limit

Privilege*

22

Casual
Sick*
Public Holiday
Maternity**
Adoption**
Paternity

7
7
11
112
112
5