Here i am attaching one format,if it is worthy u can use it.
20th April 2007
Sub: Performance based Increment for the year 2007-‘08.
We have just completed our first fiscal year 2006-07 and the Division Performance has been extremely encouraging and the achievements have reached all expectations and we are appreciating for your contribution towards this achievement.
Based on your performance, the Management is pleased to announce an increment of Rs.700/-and also Promote you as “Asst. Manager” w.e.f. 1st April 2007. The Break up details are appended below.
S.No Component Present Increment After Increment
1 Basic 4200 420 4620
2 HRA 1750 175 1925
3 Conveyance 1050 105 1155
Total 7000 700 7700
In the coming year, we have more challenges to face for achieve greater results and for the same we look forward for your valuable continued and committed contribution. The year 2007-08 Performance will be measured as per the KRA (Key Resulting Areas) attached with this letter.
All the Best and do a great job in the coming year.
With best regards
8th June 2007 From India, Hyderabad