Page 76 - EOD Final
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Other Terms and Condition
12. Incentive payable is subject to income tax
13. This incentive scheme is liable for change depending upon the business
environment, scenario and Management decision.
14. Regularized Female MR will be eligible to earn incentive even when on Maternity
Leave.
15. Out of stock items – target as well as sales to be removed for that particular product,
for all the affected months (considering the spillover effects as well). Subject to ED
approval
16. PCPM slab category will be considered as per annual target
17. Incentive for field staff joining during the quarter will be calculated pro rata on days
worked, similarly in case of transfer/promotion
18. For pooled territories, the eligible incentive pool will be divided amongst the actual
strength
19. If at a later date it is found that the incentive paid /payable is disqualified due to non-
fulfilment of any incentive terms or incorrect sales calculation, the same will be
recovered, from salary or expense statement or future incentive
20. If it is found that sales have been generated in a fraudulent manner or the employee
is guilty of misconduct of any kind during the incentive period, the company reserves
the right to forfeit the incentive and if already paid, recover the same forthwith
21. The company reserve the right to alter, modify or discontinue the incentive scheme
prospectively at it sole discretion
22. Annual Incentives are only applicable for field staff with length of service of 1 year or
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