Increment Letter

INCREMENT LETTER

 

BDEL/                     / 2006-07                                                 ________(DATE)

 

____________

____________

____________

(NAME AND ADDRESS OF THE EMPLOYEE)

 

Dear Sir,

 

Contractual arrangement / Regular as ______(DESIGNATION)

 

We invite a reference to our earlier letter No._________ dated _________.

 

Consequent to the decision taken by the Board of Directors in its meeting held on ________(DATE) and subsequent to your discussions / interview held with Advisory Committee on ________(DATE), it has been decided that your consolidated compensation would be ______(AMOUNT) per month (all inclusive), after deducting the applicable taxes, if any, at source, with effect from _____(DATE).

 

All the other terms and conditions of the letter dated _______ referred to above would remain the same.

 

Thanking you,

 

Yours faithfully,

 

 

 

HIMANI AGARWAL

MANAGER (HR& ADMIN.)

INCREMENT LETTER