Page 15 - 2022 Air Products - India Guide
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Table of                                   Types of                    Travel and                    Human         Employee      Employee
            Contents      About Us     Employment       Leave      CompensationCompensation  Expenses  Insurance  Resources    Welfare        Conduct




         SALARY ADMINISTRATION




         Salary Payments                                                          Market Adjustments


         The Company endeavors to pay salaries to all employees by the last       Employees generally have their market adjustments once a year. The common
         working day of the month. Salaries will be credited into each employee‘s   effective date is scheduled on 1st March of each calendar year, unless
         personal bank account as per company records. Resigned employees will    announced otherwise in advance.
         be paid either by bank, wherever possible at the earliest post completion of
                                                                                  Payment of Bonus
         separation formalities.
                                                                                  Variable Pay Program
         All employees will be required to view/download the pay slip through the
         ADP online portal for each month and any other types of payments and/or   Please refer to the link or detailed administrative guidelines on Variable Pay.
         deductions. Employees are required to check the pay slip for accuracy, and
                                                                                  Flexi Pay
         any discrepancies should be reported immediately to HR.
         Payroll Administration                                                   The pay bucket is comprised of Basic salary, Flexi pay, retirals and variable pay.

                                                                                  The Flexi pay includes: NPS, House Rent allowance, Conveyance, Education
         Air Products India has appointed ADP as the outsourced payroll
                                                                                  allowance, Leave Travel allowance, Books and Periodicals and Other allowance.
         administrator. Employees' queries relating to payroll matters should be
         directed to Inpay@airproducts.com with copy to Air Products India HR     Flexi pay needs to be updated on the ADP portal. The link is shared with the all
         — hrindia@airproducts.com — department or Support section of ADP         new employees after one month of joining, and they will receive an email from
         portal. Every employee has been given a personalized access to the ADP   ADP to update their Flexi pay bucket.
         portal for all salary-related matters including individual tax declarations
         and reimbursements.

















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