Founded in 2005, CitiusTech is the brainchild of three IITians who saw an opportunity to use technology to transform the healthcare industry. Over the past 15 years, the company has achieved many firsts: To be the only tech company in India Delivering successful platforms and products to the U.S. healthcare industry.

Who is the CEO of CitiusTech?

Rizvankoita is the co-founder and CEO of CitiusTech. He holds a Bachelor of Technology. in Electrical Engineering from the Indian Institute of Technology Bombay in 1992 and in Electrical Engineering and Computer Science (SM) from the Massachusetts Institute of Technology (MIT) in 1995.

Is CitiusTech a multinational company?

Citi Tech – not a multinational company | Glass doors.

Is CitiusTech a product-based company?

Provided by CitiusTech Inc. Medical Technology Services. The company provides product implementation, monitoring, data migration, medical imaging testing, performance management and healthcare application development services.

What does CitiusTech do?

Citi Tech (www.citiustech.com) is a A premier provider of medtech services and solutions to medtech companies, suppliers, payers and life sciences organizationswith more than 4,000 professionals worldwide.

Rizwan Koita, CEO of Citius Tech, one of the Best Places to Work in India for IT and IT-BPM 2020.

45 related questions found

What is Citiustech’s retention fee?

If you leave the company before 24 months, you should pay the retained salary portion. The amount paid is equal to the retention money amount multiplied by the number of months worked with the company. This is similar to what I would call variable compensation.

What is a retention fee?

Retention bonus is Targeted payments or incentives in addition to an employee’s regular salary This is to incentivize key employees to continue working during particularly critical business cycles (such as mergers or acquisitions) or during critical production periods.

Should you accept retention bonuses?

If you have planned to stay with the company for the duration of the retention agreement, the acceptance bonus should be effortless. It can even provide a level of job security that you didn’t have before.

What is a typical stay award?

According to Mercer’s survey of M&A retention and deal planning, the median stay bonus paid by U.S. companies is 25% to 95% of base salary, depending on in position (see picture). The way we see this in Exit Strategies is that retention bonus amounts have to be meaningful to key employees individually.

How do you calculate retention money?

The retention rate is calculated by minus dividends distributed (including tax on dividend distributions) A company deducts the difference from the net profit for the period and divides it by the net profit for the period.