An increment letter, as the name suggests, is a letter informing an employee of a pay raise following a comprehensive appraisal process. Employers typically issue a letter of increment/appraisal/letter of raise to deserving employees once a year after a thorough evaluation of past performance. In this article, you’ll learn how to write a salary increment letter and download it in word and pdf format.
Performance appraisal, often regarded as the most crucial aspect of employee engagement activities, provides an opportunity to assess, evaluate, and identify team members who are performing well and those who are not.
Read more: how to write a recommendation letter for an employee
How to write a salary increment letter?
As previously stated, the pay raise letter is an important HR document that must be treated as such. Here’s a detailed guide to writing an increment letter.
Before writing a salary increment letter to an employee, consider the following points.
Mr/ Ms. ____________
___________________
___________________
___________________
Dear Mr./ Ms. _____________,
Consequent to the review of your performance during the period April 2021 – March 2022, we are pleased to inform you that your services are being confirmed and your salary is being increased as follows, effective August 1, 2021.
Salary breakup:
Your appointment’s other terms and conditions remain unchanged.
We look forward to your valuable contributions and wish you the best of luck in your future career with the organisation.
Please sign the duplicate copy of this letter as a token of acceptance of the same.
For ABC Limited
HR Manager
Salary Increment Letter Format For Employee Sample #2
To
Name of the employee
Company name.
Sub: Increment Letter
Dear MR. / Ms.
We congratulate you for your hard work, enthusiasm, dedication, and continuous effort in meeting the organization’s objective.
On reviewing your performance for the year ……., we are glad to announce an increment of Rs………. (Rs. in words) on your existing salary(Rs………..) with effect from dd/mm/yyyy.
We expect you to keep up your performance in the years to come and grow with the organization.
please sign and return the duplicate copy in token of your acceptance, for your records.
Wish you all the best.
Managing Director.
Regards
Name
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