1 Tenneco IC Letter New 19.04.2024
1 Tenneco IC Letter New 19.04.2024
1 Tenneco IC Letter New 19.04.2024
Dear Diwaker,
At Tenneco, we are committed to recognize our talent for our current and future business
needs. Your contribution to the business is an integral part of our success and through this
communication, we would like to recognize your efforts as well as inform you about your
compensation review based on your performance and contribution.
In line with overall philosophy of pay for performance, maintaining competitive levels of
compensation based on market data and recognizing individual performance, we are pleased
to communicate to you that effective 1st March 2023, you are promoted as Engineer in grade
MM1 your remuneration / benefits stand revised to Rs. 350,004/- (Rupees Three Lac Fifty
Thousand Four Only) per annum as per applicable rules of the company. The increase will
be paid to you with may salary provided you are on the rolls of the organization on the date of
payout in May 2023. The detailed break-up of your revised salary is attached.
Further, you would continue to be eligible to other facilities like Mediclaim, Personal Accident
Insurance as applicable to your category of personnel. Incidence of income tax on the above
would be borne by you.
You are advised to maintain strict confidentiality about this revision and information on salary
and benefits.
All others terms and condition of your employment with us remain unaltered.
We take this opportunity to thank you for your contribution and look forward to a long and
mutually beneficial association with the Company.
Sincerely,
M. Marimuthu
Senior Manager-Human Resources
Annexure
M. Marimuthu
Senior Manager-Human Resources