Increment Letter - Doc Download [thread 27485]

Hina Saghir
Dear All,
Could you please give me the format of the increment letter. Do we have to be careful about the legal aspects while drafting an increment letter. What legal repercursion it can have.
Regards,
Hina
Vandana Rajeev
Letter of Increment
Dear .................................,
The past year has been eventful and challenging for all of us. We have met the huge challenge of scaling up our business and growing our bottom line. Your personal performance has uniquely contributed to the current acclamation and acceptance for our products and services.
Recognizing your effort and performance, we are delighted to inform you that your gross salary has been revised to Rs.... per month with effect from 1st day of April, 2007.
In our pursuit to become a global player, it is crucial that each one of us become more and more customer focused to create a lasting impression on our existing and prospective customers.
We look forward to your continued perseverance and patronage in our journey to achieve laurels in the future also.
With Best Regards,
Yours truly,
For ,
HR Manager
Regards
Vandana
lavena_dsouza
Hi,
Attached is the increment letter format.
Best Regards, Tina
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kamal.hrd
Dear Hina,
I hope this will help you.
November 10, 2006
To,
Mr. XXXXXX
Address
Subject : Promotion Letter
Dear Mr. XXXX,
Looking at your consistent good performance and punctuality throughout the last year, and efforts put up towards the company, we are pleased to inform you that you are being promoted from XXXX to XXXXX w.e.f. Date.
This post confers much more responsibility and posses a greater challenge, but we are confident enough that you will be able to meet them.
We wish you would continue the same performance in future.
With Best Wishes,
For Name of Company
Authorized Signatory,
HR Department
Regards,
Kamal Modi
ganapathy
Hina,
I prefer Lavena's letter. The other two can be embarrasing and place your Company in great difficulty if you have to discipline or dismiss the employee for any reason in the near future.
Annual increments are meant to reward employees for the increase in their experience not necessarily for good performance though performance plays a part in determining the size of the increment.
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