Letter of Salary Increment by Employer
Ref. No: [insert reference number]
May 08, 2018
Name of Employee
Designation
Company
Address
Sub: Letter of Increment.
Dear Sir,
This is in continuation of our employment offer letter dated [insert date] and appraisal discussions held with you. Based on your outstanding performance, the management is pleased to increase your compensation to [insert amount in numeric] (wrote amount in words) only per month and your designation is same. This revision in compensation shall come into effect from [insert date].
All other terms and conditions as per our earlier offer letter and the salary increment letter subsequent to your latest appraisal shall remain unaltered.
We believe that you will continue to remain a valuable addition to our team and our employment relationship will continue in a mutually beneficial productive and pleasant manner.
Please treat the contents of this document in strict confidence. Disclosing /Discussing your compensation and benefits information with anyone other than your immediate supervisor and or HR is treated as a non-compliance and serious violation of the company policy.
Your next appraisal will be due on anytime both you and the management mutually think best.
Thanks and congratulations.
Sincerely,
Handwritten Signature
(Name of Signatory)
Designation
Accepted:
Employee Signature & Date
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