Posts tagged "Salary increment letter"

Appraisal Letter for Salary Increment to Employee Format

Appraisals always bring a smile to our faces and so does the appraisal letters. As a company, one should inform about the same to their employees by writing appraisal letters for salary increment. The purpose of the appraisal letter format for salary is to inform in a formal manner about the salary increment to the employee. The Appraisal Letter Format for Salary Increment includes the hike that the employee is going to be getting and the date from which it will be effective.

You can simply use the Salary Increment Letter Sample shared in this post below. This Salary increase letter to employee template will make it easier for you to create your own letter.

Sample Format for Appraisal Letter for Salary Increment

From:

Ana Brown

HR Manager

Zenith Technologies

New York

Date: June 22, 2023

To,

Mr. Richard Smith

54, Henry Hills

New York

Sub: Regarding salary increment

Dear Mr. Richard,

We are happy to inform you that after reviewing your performance for the last one year and based on your performance and contributions made towards the growth of the company, the management has decided to give you a hike. Your revised compensation will be $ 82500 per annum and it will be effective from July 1st, 2023.

We appreciate your dedication and hard work and expect that you continue to surprise us with your incredible performances in future and keep contributing towards the success of the company.

Regards,

Ana Brown

HR Manager

Zenith Technologies

New York

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Posted by Hrformats - June 23, 2023 at 2:52 AM

Categories: Salary Format   Tags: , , , , ,

Resignation Letter Due to Low Salary Problem Format

Resignations happen for different reasons and poor salary is one of the reasons. If you are resigning from your job for the same reason then you can always write a resignation letter due to low salary problem, poor salary, salary issue. The resignation letter with reason of low salary is going to be a short and precise letter. The resignation letter due to no salary increment to the company to keep it simple.

In this post, we have come up with a resignation letter format for salary issue. You can use the Resign letter sample to create a personalized letter for this situation in a formal manner.

Sample Resign Letter Format Due to Salary Issues and Low Salary Problems

From:

Robin Smith

54, Richmond Towers

New York

Date: February 10th, 2022

To,

Mr. Adam Jacob

Human Resource Manager

Zenith Technologies

New York

Dear Mr. Adam,

I am writing this letter to submit my resignation from the post of Marketing Executive. I have been associated with Zenith Technologies from last three years and have thoroughly enjoyed working with the company and learning new things.

The reason because of which I have been compelled to resign from my job is that I have been working on a poor salary since the time I have joined the company. There have been various commitments made to me on my salary increment which have not been fulfilled and therefore, I have finally taken a call on resigning from my job.

I, therefore, request you to please my resignation and accelerate the process so that all the formalities can end soon as I have taken up a new job in the other city. It was a wonderful experience working with Zenith Technologies and if the salary issues had not been there, I would have continued with the association.

Thanking you in anticipation.

Sincerely,

Robin Smith

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Posted by Hrformats - February 10, 2022 at 5:59 AM

Categories: Salary Format   Tags: , , , , , ,

HR Revision Policy Regarding Salary Increment Letter Format

Salary is one of the strongest motivations behind the working of employees and therefore, it has to be a certain amount that keeps the employee associated with the organization. And if you feel that the salary you are offering to your employees is not enough then salary revision policy is a must. In order to do that, you can write salary revision request letter to bring in the new salary policy for employees.

In this post, we have come up with a salary increase policy sample letter. You can use the salary increment letter highlighting the change in policy to create a personalized letter. Follow the salary increase letter to create a customized letter for your company.

Letter Format For HR Revision Policy Regarding Increase in Salary

From:

Andrew Smith

Human Resource Manager

Zenith Technologies

New York

Date: January 31st, 2022

To,

Mr. Adam Jacob

Managing Director

Zenith Technologies

New York

Sub: Revised salary policy for salary increment of employees

Dear Sir,

I am writing this letter in order to suggest a few changes that have been made to the salary policy of our company keeping in mind the betterment of our employees. We have seen a high attrition rate in our company in last couple of years and this has been a constant worry for our department. After considering all the points, we have concluded that the main reason for employees leaving our company is that the salary offered by our company does not include many benefits that are otherwise offered by various other companies in the industry.

Therefore, we suggest an increment of 15% in the basic salary of all the employees as this will certainly motivate them to work better and stay associated with the organization for longer durations.

We are hopeful that you will consider this request and will approve of this change in HR policy for salary increment.

Thanking in anticipation.

Sincerely,

Andrew Smith

Human Resource Manager

Zenith Technologies

New York

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Posted by Hrformats - January 31, 2022 at 8:41 AM

Categories: HR   Tags: , , , , , ,

Salary Increment Letter After Completing One Year

Once you have completed one year with your company, it is time to write a request for increment to your HR Manager. If you don’t know how to draft a formal salary increment letter to the management on completion of one year then given below is a wonderful format which you can use as a base for creating a perfect letter. Make sure you use the right sample because it has the power to get a positive answer from your boss.

Salary increment sample letter after completing one year

Sam Jackman

123 Silver Street

42, Park Avenue
New York

Date: 01st July, 2016

To,

Adam Gibbs

HR Manager,

ABC Corporation Pvt. Ltd.

New York

Dear Mr. Gibbs,

I would like to bring to your notice that on 1st June, 2016, I completed one year with ABC Corporation Pvt. Ltd. as a Marketing Executive. I was always a dedicated and honest employee of your company. I have given the best of my potential and efforts to every project or assignment that I was handed over without any delays or issues.

With this letter, I would like to highlight that I was recruited at a lower salary and was promised an increment after completion of one year. And now that I have successfully completed the tenure, I am writing this letter to ask a rise in my salary because my present salary is too low to cover the expenses of my family.

I have a job offer from XYZ Technologies Pvt. Ltd. and the company is offering me a better package. However, I am an honest and committed employee of your company, I decided to write a letter reminding you about the commitment made at the time of the recruitment.

Kindly consider my request.

Thanking you.

Yours sincerely,

Sam Jackman

Marketing Executive

ABC Corporation Pvt. Ltd.

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Posted by Hrformats - July 1, 2016 at 12:43 PM

Categories: Salary Format   Tags: , ,