Salary Increment Letter

In writing salary increase request letters, there are a lot of factors to be considered most especially with the timing. However, if all conditions are met, it is always best to request for it at the right time. Get this quick and easy to edit Salary Increment Letter for your immediate use in requesting for an increase. This template is immediately accessible right after download and is quite easy to create. Just fill in all your information into the letter without having to worry about the format or general flow. Download this letter template today and boost your chances of getting that increase that you have always wanted.

SALARY INCREMENT LETTER

[DATE]

Dear  [EMPLOYEE NAME],

This year has been momentous and challenging for all of us in [YOUR COMPANY NAME]. We have fulfilled the huge challenge of climbing up our business and growing our bottom line.

Therefore, [YOUR COMPANY NAME] is pleased and very happy to inform you that your base salary has been revised and increased to [NUMBER] since [MONTH], [YEAR]. The management also decided that if your performance will improve in [YEAR], you as [POSITION] can be announced as the employee of the year and an increment of [NUMBER 1] will be added to your salary.

The detailed information is annexed as a part of this letter. All the other terms and conditions of your appointment remain unaffected and will not be modified. We appreciate and admire the efforts put in by you and expect that you would continue to do so in the future. 

Annex. The terms and conditions of the increment are as stated below:

TITLES
REVISED SALARY
CURRENT SALARY
INCREASE
Basic

House rent

Conveyance

Special

CLA + Indexation

Medical

SESA/PESA

GROSS SALARY/MONTH
[INSERT GROSS SALARY/MONTH AMOUNT]
[INSERT GROSS SALARY/MONTH AMOUNT]
[INSERT GROSS SALARY/MONTH AMOUNT]
Bonus

P.F

Vehicle Fuel and R/M

TOTAL SALARY/MONTH
[INSERT TOTAL SALARY/MONTH AMOUNT]
[INSERT TOTAL SALARY/MONTH AMOUNT]
[INSERT TOTAL SALARY/MONTH AMOUNT]

We take this opportunity to thank you for your precious and worthwhile contribution in view of the challenging circumstances imposed by the external environment. We look forward to your continuous support and efforts to make the year ahead even improve better in terms of our shared vision and mission.

Please understand that this letter expounds some of the terms and conditions of employment and that the other service rules of the company, as presently in force and as amended from time to time will be pertinent to you.

Kindly sign below for your affirmation.

Regards,

[YOUR SIGNATURE]

[YOUR NAME]

I have read, understood and agree to abide by the aforesaid terms and conditions of employment.

[EMPLOYEE NAME]

[EMPLOYEE  SIGNATURE]