This nec (Organization Name) ily will demand exceptional performance on our part. The coming year is expected to bring a lot of challenges. _ as a one time performance award from the company as a token of appreciation. _ as a variable component of the pay plan (this will depend on your performance)ģ. Rs._ as a fixed component of the pay planĢ. Your revised CTC for _-_ effective _ is Rs. We have considered your performance while dealing with your new CTC and have come up with a few compensations for you. We are happy to thank you for your valuable contributions to our business performance this (year). Salary Increment Letter Based on Performance From Company to Employee. Salary Increment Letter Based on Performance Salary Negotiation Letter after New Job Offer Tips For The Successful Salary Negotiation Salary Negotiation Email in Response to Job Offer Salary Increment Letter After Completing One Year Salary Increment Letter to Employee for Performance Please sign the duplicate copy of this letter in order to express your acceptance of the salary appreciation.ĪBC Corporation Pvt. Looking forward for much better performance from you. We also wish you the best of your luck for the year ahead. We are hopeful that you will keep making such valuable contributions to the organization which will be helpful in the growth of the company. The terms and conditions other than your revised salary package remain unchanged as per your letter of appointment. From 1 st July, 2015 your revised salary will be $75,000 per annum. We are sure that you will keep up with the good work and in times to come you will again deliver unmatched performances with utmost dedication and commitment.Īfter reviewing your performance from January 2015 to May 2015, we take immense pleasure in announcing appreciation in your salary package for the current year. Your wonderful contribution to the company is acknowledged and appreciated by the management. We are happy to congratulate you on impressive sales target achievements which have set new record. Salary Increment Letter Format for Employee If you are the HR manager of the company or the employer and you want to inform your employee about the increment then here is a formal format to help you frame a complete letter with all necessary points that must be included without fail. It has to be a letter that acknowledges the hard work of the employee and also motivates them to work harder. You must include the name, designation and the date of increment for making this letter complete in every sense. While writing such a letter, you must congratulate the employee and also state the reason for this increment along with the components of this appreciation. Salary increment letter is written with a purpose to inform the employee about increment in his or her salary. During this time, your performance and your behavior will be strictly under a watch and if everything is found satisfactory and as per Company’s policy then your request for increment will be considered by the Management once the given period is complete.ĪBC Corporation Pvt. Therefore, your increment which was due this year will be put on hold for one year. However, taking in consideration your past record and analyzing the nature of misconduct, the Company has decided on a milder punishment for you. And as per Company’s policy, severe punishment charges can be inflicted upon you. This is to inform you that the recent episode of misconduct against company laws that happened on 20.06.16, we have found you guilty of the charges levied against you. Sample Format Of Increment Cancellation Letter
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If you don’t know how to frame such a letter then given below is a sample increment cancellation letter which you can use for drafting a formal letter with all the important details that are suppose to be included in this letter. In order to inform this, you must write a formal increment cancellation letter to the employee stating him the reason for taking such an action. Sometimes dues to various reasons, being the HR Manager of your company, you might have to cancel the increment of one of your employees.
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