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</html><description>&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0; Letter of Promotion October 13, 2013 &lt;Name&gt;&lt;Company&gt;&lt;Employee Number&gt; Dear _______, Congratulations! We have been thoroughly impressed by your performance in the company. We feel that you are ready to take up higher responsibilities and therefore have decided to promote you as (new position) of our company. Your compensation is hence revised as w.e.f. ______ and your new CTC will be ________. It will include the following: 1. Rs.________ as a fixed component of the pay plan 2. Rs. _______ as a variable component of the pay plan (this will depend on your performance) 3. Rs. ______ as a one</description></oembed>
