E MPLOYEE B ENEFITS S ALARY C OMPONENTS

Compensation Principles of a Private Company in Bangladesh The Compensation Principles of the ABC company are: To provide a level of compensation that will attract, retain and reward competent employees at all levels considering Internal and external Equity Reflect the relative weight of jobs; Be competitive and fair; Recognize individual performance and contribution; To have a fair and transparent system Uphold the excellent understanding and relationship with the employees.

Compensation Principles of a Private Company in Bangladesh In order to attract and retain employees, the following factors are considered to reward and set a competitive compensation structure: Company financial performance Internal salary analysis Market dynamics

E MPLOYEE B ENEFITS : S ALARY C OMPONENTS Every month Payroll & Pension team of HR division ensures disbursement of salary into individual salary accounts. Various allowances & deductions from stakeholders throughout the company are integrated into the payroll system every month. Salary disbursement dates are as follows: – Regular / Temporary Employees 25 th of each month or before – Part time Employees Within 7 working days of the following month

E MPLOYEE B ENEFITS : S ALARY C OMPONENTS Basic Salary House Rent (50% of Basic) Medical (Tk. 2,000 for all Bands) Transport (Tk. 2,000 for Band: D-F) LFA (6% of Basic) Monthly Guaranteed Cash Components

E MPLOYEE B ENEFITS : S ALARY C OMPONENTS Festival Bonus (2 Basic / Year) Performance Bonus Band A-C: 4 Gross Band D: 3 Gross Band E: 4 Basic Bonus

E MPLOYEE B ENEFITS : S ALARY C OMPONENTS Over Time OnCall Shift Allowance National Holiday Allowance Variable Allowances

E MPLOYEE B ENEFITS : S ALARY C OMPONENTS Provident Fund – Upon completion of the Probation, employees are eligible to become member of Provident Fund. Every month, employees contribute 10% of their basic to the provident fund and the Company makes equal contribution to the fund. – Employees are entitle for this amount at the time of separation Gratuity Fund – Eligibility criteria for Gratuity Fund is as follows: GratuityYears of 1 month's basic/for each year 5 years ‐ 5 years month's basic/for each year Over 5 years 6 months ‐ upto 10 2 month's basic/for each yearMore than 10 years