INCENTIVE CRITERIA

BE /TE / NE / KAE / KAM / BM / BL/ BH joined after 1st working day of the month will not be eligible for that month’s incentives.

Employee should be on the payroll of the company at the time of disbursement.

For any Rewards /Awards Management decision will be Final.

Short Supply would not be considered as Sales.

Incentive parameters & earning will be calculated on Budgeted Manpower Strength only.

Calculation of incentives will be based on the secondary sales as reflected in Kristab as per the correct closing stocks entered in Kristab as per the valid stock & sales statements received.

Secondary sales only from those stockists with valid stock & sales statements sent to H.O. on time will be considered.

All Incentives will be paid on a QUARTERLYbasis.

Incentives for any given Quarter will be calculated and released within 40 days from the quarter end. e.g., 1st Quarter (Apr-23 to Jun-23) incentives will be released by 10th July, 2023 after verification of secondary sales.

Any dispute of the incentive should be reported within 60 days of declaration, otherwise will not be considered.

The incentive scheme is announced by the company at its discretion and may be withdrawn or altered at any time.The decision of company shall be final in case of any dispute.