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Joining Agilent

Joining Agilent. Total Rewards at Agilent Pay and Benefits Information Session. Agilent Confidential. Joining Agilent. Agenda. Total Rewards at Agilent Agilent Job Classification Employee Benefits Contacts and Support. Joining Agilent. Total Rewards. Strategic Intent

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Joining Agilent

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  1. Joining Agilent Total Rewards at Agilent Pay and Benefits Information Session Agilent Confidential

  2. Joining Agilent Agenda • Total Rewards at Agilent • Agilent Job Classification • Employee Benefits • Contacts and Support Agilent Confidential

  3. Joining Agilent Total Rewards Strategic Intent Attract, retain and motivate the best people, producing outstanding business performance, shareholder value, and employee wealth creation through our reward strategies and programs. Principles Deliver a rewards portfolio that is competitive with high technology companies, representative of the diverse industries and markets within which Agilent operates. Motivate individuals and teams to produce outstanding business results Encourage employees to act like owners of Agilent Differentiate rewards based on individual performance and business results Provide opportunities for employee wealth creation over the course of a career Maintain fiscally responsible rewards which flex workforce costs with business cycles Ensure transparency and trust among employees through open and timely communication Agilent Confidential

  4. Joining Agilent Total Rewards Framework Agilent Confidential

  5. Joining Agilent Agilent’s pay philosophy Total Pay is determined by three different elements: Agilent Confidential

  6. Total Rewards Competitiveness Annual analysis of Total Rewards portfolio. Assess value of our programs to the market. Total competitive package: Base Pay, Variable Pay, Benefits and Equity. Consistency with philosophy, principles and market benchmarks. Joining Agilent Our goal is to deliver a rewards portfolio that is competitive with high technology companies, representative of the diverse industries and markets within which Agilent operates Illustrative Example Agilent Confidential

  7. Base Pay: Market Competitiveness & Pay Ranges Based on annual analysis of the High-Tech market data Pay range for each job in each country centered on a reference point, which represents the market median Typically +/- 25% spread around the reference point (-35% for India and China) Sales employees’ ranges are target pay ranges, reflecting base and incentive pay at target achievement Pay increases during Annual Rewards based on individual performance and budget Joining Agilent Maximum * Reference Point Minimum * No limit for top performers Agilent Confidential

  8. Variable Pay • Agilent Results Bonus (ARB) • Rewards all eligible employees based on the success of the company. • ARB is paid twice in a year basis the declared % of MEIDAS Salary. • The payout happens with June & Dec salary every year. • Individual Performance Bonus (IPB) • Awards are delivered at managers’ discretion to recognize top performing employees. • …..ARB & IPB are funded each fiscal half (May and November) based on company results as measured by Return on Invested Capital (ROIC). Agilent Confidential

  9. Ranking Criteria Results Critical Skills Potential Demonstration of Agilent Values Joining Agilent Weighting is flexible and determined by the business. “Results” will be weighted at 50% or higher. Agilent Confidential

  10. Performance Ranking Guidelines – Measured at Group Level Joining Agilent Rank 1 20% Consistently provided significant positive impact and business results Outperformed their peers Recognized as top performers, role models, leaders Top contributors Delivered results that have consistently met or occasionally exceeded expectations to achieve business results Have made a significant contribution to Agilent Above average and/or solid contributors Rank 2 80-70% Lower contributors Performed at a lower level and/or made less of an impact than the significant majority of their peers Rank 3 0-10% No separate rank for new employees –default to Rank 2 Agilent Confidential

  11. Joining Agilent Employee Stock Purchase Plan • Eligibility: All full time regular employee. • Process: • Enroll yourself for the ESPP plan for contribution in Meidas. • You may contribute up to 10% of your Meidas Salary. • Basis your contribution, Stocks would be purchased at the end of two purchase periods. Example: • Benefits: • Discount of 15% on the purchase price. • You pay no broker fees for buying Agilent shares in the plan. However, if you decide to sell your shares at a later date, you will pay an appropriate transaction fee as identified on the Fidelity web site Employee Communication Agilent Restricted

  12. Joining Agilent Agilent Job Classification Pay and Benefits Information Session Agilent Confidential

  13. Joining Agilent Job Classification / Structure Model Group The highest level grouping of jobs. Includes three groups – IndividualContributor A (ICA), Individual Contributor B (ICB) and People Manager(PM). Function Groupings of jobs related by their primary function or nature of work, e.g., R&D (Engineering), Finance, Sales, Family A group of jobs having the same nature of work but requiring different levels of skills, knowledge, and accountability, e.g., Finance Admin, Sales, Field Service Engineer, Application Engineer, etc Level Levels within a job family indicating a progression of increasing responsibilities, skills, and knowledge, e.g., Entry, Intermediate, Advanced, Expert and Master. Discipline For ICA and ICB jobs, indicates a specialty area within a family.Examples are within the Application Engineer job family, pre or post sales Agilent Confidential

  14. Individual Contributors ICA- designates job families engaged in administrative, process/ operations, or technical support work. ICB- designates job families engaged in design of products, policies, or processes work. People Managers Primarily responsible for the management of people. Joining Agilent Job Model Group Agilent Confidential

  15. Joining Agilent Employee Benefits Pay and Benefits Information Session Agilent Confidential

  16. Joining Agilent Agilent Benefits Philosophy • Provide a suite of plans that are flexible, attractive and cost-effective – for employees and the company, • Provide tools and resources to help employees make informed decisions about their personal investments, • Maintain a portfolio that is competitive with high tech employers. Agilent Confidential

  17. Leave Matrix Joining Agilent • Total no. of type of leaves – 10. • Type of leaves that can be availed during the probationary period: Sick cum Casual Leave, Wedding Anniversary Leave or Birthday Leave, Compassionate Leave. • Type of leave that can be availed on completion of the probationary period : Annual Leave, Maternity Leave, Study Leave, Leave of Absence, Adoption Benefit Leave, Paternity Leave, Marriage Leave. • How to apply for leave?... You would need to apply in MEIDAS. • For further details on leave, please refer to Employee handbook in MEIDAS. • 12 scheduled paid holidays per year, announced by the end of each calendar year. Note: Normally, employees are taken on the permanent regular payroll of Agilent only after at least 6 months of Probation Period. However, the probation period may be extended as per the advice of the respective business manager. Agilent Confidential

  18. Benefits – Non Compensation Joining Agilent Agilent Confidential

  19. Group Hospitalization Insurance Policy Joining Agilent Agilent Confidential

  20. Joining Agilent Executive Health Check Up

  21. Group Accident Insurance Policy Joining Agilent • All eligible employees will be covered by the policy from Day 1 of employment with Agilent. • The policy will be processed by the India HR department and Agilent will bear the full premium. • It is applicable only in the cases of accidents. • In case an employee meets with an accident, he/she may apply either for ‘vacation/ sick’ leave or ‘no pay’ leave for the said period. • In case the employee applies for ‘no pay’ leave, he/ she will receive compensation from the insurance company (as calculated by the insurance company). This is subject to the doctor certifying that the employee is incapable of attending to work. Agilent Confidential

  22. Group Term Life Insurance Policy Joining Agilent • All eligible employees will be covered by the policy from Day 1 of employment with Agilent. • The policy will be processed by the India HR department and Agilent will bear the full premium. • It is applicable in the cases of natural or unnatural deaths. • The amount due to an employee under this circumstance will be paid to the nominee. • The detailed claim process is mentioned in the Employee’s Handbook posted on Meidas. Agilent Confidential

  23. Joining Agilent Provident Fund • Agilent has all its employees covered under EPF Scheme through a PF Trust - “Agilent Technologies India EPF Trust”. • For queries related to PF, drop an email to Hewitt at infohos@hewitt.com . You are required to mention Agilent, your name & employee ID in the subject line. Agilent Confidential

  24. Joining Agilent Employee Gratuity • Gratuity is payable if there is :- • Continuous service of 4yrs and 8 months (not necessary incase of death or disablement) • On termination due to superannuation or retirement • Resignation, death or disablement due to accident or disease • In case of death, the amount will be paid to nominee or legal heir. • Calculation of Gratuity : Monthly rate of wage last drawn X 15 • 26 Agilent Confidential

  25. Joining Agilent Contacts and Support Pay and Benefits Information Session Agilent Confidential

  26. Your Human Resource Team Zach Cherian Country HR Manager JyotsnaK.D. HR Operations (AI) SiewLian AP Payroll HUB Manager Kunal Utreja L&D Sharmistha Ray Staffing Narender Sharma Retirals Aparna Nair Supriya Sabharwal KshitizeGupta AvinashJha Agilent Confidential

  27. Joining Agilent Contacts for Payroll

  28. Joining Agilent Page 28

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