Increment Letter

Increment letter is the other name of appraisal letter which basically contains the salary increment done for the employee by the employer. This kind of letter is mainly provided in the beginning of the financial year or quarterly while achieving the targets as per the company policy. This letter is given to an employee when he is performing good and meeting his targets on time. When a Increment letter is issued to an employee he is given a hike in his salary and if an employee is working in an organization and he is not given any hike in his salary from a long time then he can write a letter to his human resources department requesting for an increment and expressing his needs and efforts he is being putting in his service from the time he is working in the organization.

An employee is given an increment after observing his recent performance, hard work and punctuality towards his work. Things which need to be taken care of while writing an increment letter is to be polite and keep things clear and do not complain , the language and format should be in a way that you are requesting for an increament.

Find below some Example, Sample and format of writing Increment Letter :


 

Increment Letter To Employee


 

                                                                                                                                Date _________

Mr.________
Designation

 

Dear,

 

In recognition of your previous performance we are glad to inform you that the company has decided to give you an increment of Rs _________/- and your restructured salary shall be Rs _________-/ CTC per month will be __________
 

The complete detail of your revised salary is highlighted in Annexure "A" of this letter.
 

We would like to take this opportunity to express our appreciation of your contribution to the organization and hope that you will continue to strive for better results. We hope you will shoulder your new responsibility with full dedication and sincerity.

 

With best wishes, 

Sincerely yours, 

Company Name

Authorized Signatory
Regards

 

 

 



 
 
Request For Salary Increment Letter

 
                                                                                                                              Date:__________
 
NAME,
ADDRESS 
 
 
Dear,
 
I have been working with your organization from past three years as a ____________ (DESIGNATION) with full dedication at work and I have completed all the targets and task within deadline and my attitude in dealing with colleagues and superiors was excellent.
 
As I am receiving a low payment and I got my last increment two years ago, I have requested for hike in my salary a lot of times but there was no response from your side.
 
I am requesting you to hike my salary as my present salary is very low to maintain my family expenses. I got an offer from __________(COMPANY NAME) and the pay is comparatively higher than what it is now. Please look into this request and resolve my problem as early as possible.
 
 
Thank you and hoping for a positive response from you.
 
Sincerely,
NAME
DESIGNATION
COMPANY NAME
 
 
 

 



 

Sample - Letter of Increment

 


Company's Letterhead

 

REF:

DATE:

 

Employee Name

Employee Code: 9828

Designation

 

Subject: Letter of Increment

 

Dear (Candidate Name)

 

We are pleased to inform you that keeping in view of your good performance at your work place and role, the Management has taken a decision to give you a salary increment.

 

Consequently, your compensation has been revised and the new enhanced compensation will be effective from 1st April 2017.

 

Please note that your annual CTC w.e.f. April 01, 2017 will be Rs.9.25 lac pa.  (You can approach HR Department for detailed salary break-up and tax changes)

 

Further, you will also be eligible for the other benefits as per your grade of employees. 

 

We are sure that this will motivate you and you will strive to continuously improvement in your performance in future also.

                                                                                          

Yours faithfully,

For (Company Name)

 

 

 

Name of the Manager

Designation 

 

 



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Get best matched jobs on your email. No registration needed
How to identify and apply performance management to get the best output from it?
How the job analysis can best benefit to the company
Employee Engagement Process
Balance scorecard is necessary for achieving Goals of performance management