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Company Name: [Company Name] Address: [Company Address] Contact: [Company Contact]
Website: [Company Webiste] Email: [Company Email] Date: [Company Date]
Re: Salary Increment Letter
Dear [Employee Name],
This letter is to formally notify you of a well-deserved salary increment effective [Start Date of New Salary] . We appreciate your valuable contributions to [Company Name] as a [Employee Job Title] within the [Department Name] department.
Your [List specific achievements contributing to the raise] and dedication have not gone unnotice
In recognition of your performance, we are pleased to increase your annual salary to [New Annual Salary Amount]. This represents a [Percentage Increase] increase from your previous salary.
An updated copy of your compensation and benefits summary will be provided to you separately. Please contact the HR department if you have any questions about your new compensation package.
We look forward to your continued success at [Company Name].
Sincerely,
[Name] [Title] [Contact Information]
Use editable salary increment letter template to break the news of increment to employees HROne helps you create letter three times simpler- you just have to fill the fields and voila you are done. The four most important points you must include in salary increment letter template:
Employee particulars
Effective Date and Appreciation
Justification for Raise
New Salary Details
Salary increments letter is a way to acknowledge employees’ value in terms of appreciating their salary. The letter typically includes the following elements:
A salary increment letter is a formal document from HR notifying an employee of a raise. It is used to thank them for their contributions, highlight reasons for the increase (achievements, skills), and clearly details the new salary and start date.
Pro Tip: Clearly state the reasons for increment. SpecifY achievements, contributions, or skills after utilising data or metrics.
A salary increment letter is more than just a formality. It holds value for both employers and employees. It acknowledges their hard work and contributions, boosting morale and motivation. It also shows the company values its employees, potentially increasing loyalty and reducing turnover.
Want to send salary increment letter to your employees?
HROne offers a number of letter templates including salary increment letter template that could be edited in the way you want!
You can use this guideline and input the details into the tool you have available:
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