1Ready
Offer at a glance
- Company
- Northwind Analytics Pvt. Ltd.
- Candidate
- Priya Sharma
- Role
- Software Engineer
- Location
- Bengaluru, India
- Joining date
- 2 March 2026
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Offer X-Ray · report
Offer X-Ray
PDF • One offer at a time.
2Ready
Compensation
CTC is NOT the same as cash deposited into your bank account.
Stated CTC
₹18,00,000
Estimated fixed compensation
₹13,20,000
Variable compensation
₹1,80,000
One-time compensation
₹1,00,000
Deferred / non-cash
₹2,00,000
Component table
| Component | Amount | Evidence |
|---|---|---|
| Basic salary | ₹4,80,000 | FACT |
| HRA | ₹2,40,000 | FACT |
| Conveyance allowance | ₹96,000 | FACT |
| Special allowance | ₹5,04,000 | FACT |
| Performance bonus | ₹1,80,000 | FACT CONDITIONAL |
| Joining bonus | ₹1,00,000 | FACT CLAWBACK |
| Employer PF contribution | ₹57,600 | FACT |
| Gratuity reserve | ₹1,42,400 | FACT DEFERRED |
| Equity / ESOP | NOT STATED | NOT STATED |
| Relocation allowance | NOT STATED | NOT STATED |
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Estimated take-home
ESTIMATE₹89,400
Estimated monthly take-home from fixed compensation only. Variable and one-time pay are excluded.
Assumptions
- Gross salaryFixed compensation of ₹13,20,000 across 12 months.
- Employee PF12% employee contribution on Basic, as stated in the offer.
- Stated deductionsProfessional tax and employee PF as listed in the offer.
- Tax assumptionApplied the new tax regime slab estimate; your actual tax depends on your filings.
Take-home cannot be reliably estimated from this offer alone if HRA, allowances or tax declarations change.
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Before you accept
Significant attentionImportant clarificationInformational
- Significant attentionJoining bonus clawbackThe joining bonus is repayable in full if you resign within 12 months of joining.
- Significant attentionEmployee notice vs employer noticeYou owe 90 days notice; the company owes 30 days.
- Important clarificationDiscretionary performance bonusThe performance bonus is at the company’s discretion and governed by a policy not supplied.
- Important clarificationExtendable probationProbation of three months can be extended at the company’s discretion.
- InformationalGarden leave provisionThe company may place you on garden leave during notice.
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What you may have missed
- Joining bonus clawbackFull repayment if you resign within 12 months.
- Long employee notice period90 days, longer than the employer’s 30 days.
- Conditional bonusPerformance bonus is discretionary; the policy is not included.
- Employer discretionProbation may be extended at the company’s discretion.
- Undefined compensation methodologyNo formula for how the variable bonus is measured is provided.
- Broad IP assignmentAll inventions and designs created during employment belong to the company.
- Moonlighting restrictionOther employment requires prior written consent.
- Repayment obligationClawback applies only on resignation per the clause as written.
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What could cost you later
- Joining bonus repaymentAmount: ₹1,00,000Trigger or condition: Resignation within 12 months of joiningPotential consequence: You repay the full gross joining bonus.
- Notice shortfallAmount: Not stated in the provided document.Trigger or condition: Leaving without serving full noticePotential consequence: The company may recover salary in lieu of shortfall, if stated in policy.
- Training recoveryAmount: Not stated in the provided document.Trigger or condition: Not stated in the provided document.Potential consequence: No training recovery clause was found.
- Relocation recoveryAmount: Not stated in the provided document.Trigger or condition: Not stated in the provided document.Potential consequence: No relocation recovery clause was found.
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Employment terms
- Probation
- Three months; may be extended at company discretion.
- Employee notice
- 90 days.
- Employer notice
- 30 days.
- Buyout
- Not stated in the provided document.
- Garden leave
- May apply during notice.
- Working hours
- Not stated in the provided document.
- Work location
- Bengaluru, India.
Employee notice90 days
Employer notice30 days
The employee notice is 60 days longer than the employer notice.
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Important clauses
IP assignment
- What it says
- All inventions, designs and works created during employment shall be the property of the Company.
- Plain English
- Anything you create while employed is assigned to the company.
- Why it matters
- It can affect side projects and personal work.
- Question to ask HR
- Does this cover work created on my own time with my own equipment?
Moonlighting / outside employment
- What it says
- The employee shall not engage in any other employment or business without prior written consent.
- Plain English
- You need permission before taking other paid work.
- Why it matters
- Outside teaching or freelance work may need approval.
- Question to ask HR
- What is the process for requesting written consent?
Joining bonus clawback
- What it says
- The Joining Bonus shall be repayable in full if the employee resigns within 12 months of the date of joining.
- Plain English
- Leaving early means repaying the bonus in full.
- Why it matters
- This is money you may owe if you change jobs.
- Question to ask HR
- Is repayment gross or net of tax, and how is it collected?
Arbitration
- What it says
- Not stated in the provided document.
- Plain English
- No arbitration clause was found.
- Why it matters
- No effect from this offer letter alone.
- Question to ask HR
- Not stated in the provided document.
Governing law / jurisdiction
- What it says
- Not stated in the provided document.
- Plain English
- No governing law was found.
- Why it matters
- Unclear which law applies to disputes.
- Question to ask HR
- Which jurisdiction governs this agreement?
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Missing / unclear information
- Variable Compensation PolicyThe offer refers to a Variable Compensation Policy, but that policy was not provided.
- Equity / ESOPNot stated in the provided document.
- Working hoursNot stated in the provided document.
- Buyout termsNot stated in the provided document.
- Governing lawNot stated in the provided document.
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Questions for HR
- Is the ₹1,00,000 joining bonus repayable in full if I resign within 12 months, and is repayment gross or net of tax?
- Does the Performance Bonus have a published formula or target attainment threshold?
- What are the terms of the Variable Compensation Policy referenced in the offer?
- On what criteria may my three-month probation be extended, and what confirms my employment?
- Why is my notice period 90 days when the company’s is 30 days, and can notice be reduced by mutual agreement?
- Does the IP assignment cover work created outside working hours on personal equipment?
- What is the process for obtaining written consent for outside employment or freelance work?
- Which governing law and jurisdiction apply if a dispute arises?
- Are working hours and the buyout of notice stated anywhere in the offer documents?
Questions are drawn only from the findings above.
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Source references
- Page 1Offer summary · Finding reference
“You are offered the position of Software Engineer at the stated location with an annual CTC of ₹18,00,000.”
- Page 1Term sheet · Finding reference
“The candidate accepts the offer and shall join on the dated stated in the Appointment Letter.”
- Page 2Compensation structure · Finding reference
“Fixed: Basic, HRA and Conveyance Allowance. Variable: Performance Bonus of up to 10% of CTC, at the discretion of the company.”
- Page 2Joining bonus · Finding reference
“Joining Bonus of ₹1,00,000 subject to the clawback terms in the Joining Bonus Clause.”
- Page 3Employment terms · Finding reference
“Probation period of three months, extendable at the discretion of the Company.”
- Page 3Notice · Finding reference
“Notice: 90 days by the employee and 30 days by the employer.”
- Page 3Garden leave · Finding reference
“The Company may place the employee on garden leave during the notice period.”
- Page 4Joining Bonus Clause · Finding reference
“The Joining Bonus shall be repayable in full if the employee resigns within 12 months of the date of joining.”
- Page 4Intellectual property · Finding reference
“All inventions, designs and works created during employment shall be the property of the Company.”
- Page 4Exclusivity · Finding reference
“The employee shall not engage in any other employment or business without prior written consent.”
- Page 5Variable Compensation Policy · Finding reference
“Refer to the Variable Compensation Policy for the performance bonus framework and eligibility.”
- Page 5Notices · Finding reference
“Notices shall be delivered in writing to the address stated in this letter.”
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Disclaimer
The disclaimer closes the report below this band, on the reading rail.
Disclaimer
Offer X-Ray provides informational analysis and plain-English explanations of the provided employment document. It is not legal, tax or payroll advice.
Offer X-Ray
Know what you’re really accepting.
Upload your employment offer letter and uncover the compensation, conditions, obligations and important clauses before you accept.
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PDFOne offer at a time
The report is the product
Every X-Ray follows the same twelve-section order.
- 01Offer at a glance
- 02Compensation
- 03Estimated take-home
- 04Before You Accept
- 05What you may have missed
- 06What could cost you later
- 07Employment terms
- 08Important clauses
- 09Missing/unclear information
- 10Questions for HR
- 11Source references
- 12Disclaimer
Fixed order — sections 1 through 12Source-backed facts, plain-English reading
What the X-Ray extracts
Every category the offer is read against.
7 groups · fixed order
Document facts
- company
- candidate
- role
- location
- joining date
Compensation
- CTC
- fixed salary
- basic
- HRA
- allowances
- variable pay
- performance bonus
- joining bonus
- retention bonus
- employer PF
- gratuity
- equity/ESOP/RSU
- benefits
Employment
- probation
- notice period
- work location
- working hours
Obligations and restrictions
- duties
- IP assignment
- confidentiality
- non-compete
- non-solicitation
- moonlighting
- conflict of interest
Financial exposure
- clawbacks
- repayment
- service bond
- training recovery
- relocation recovery
Legal and contractual
- termination
- arbitration
- governing law
- jurisdiction
Gaps and questions
- policy dependencies
- ambiguities
- missing information
- important findings
- HR questions
Evidence labels
Every line in the report is tagged, so a fact is never read as a guess.
- FACT
Explicitly stated in the offer.
- INTERPRETATION
Plain-English explanation.
- CONSEQUENCE
Why it may matter.
- ESTIMATE
Calculated or tax estimate.
- NOT STATED
Information unavailable in the document.
Risk priority
Three levels, each named in words.
- Significant attentionred
- Important clarificationamber
- Informationalblue
Offer X-Ray provides informational analysis and plain-English explanations of the provided employment document. It is not legal, tax or financial advice.
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