Increment - Employee Remuneration

ganesh_cool
hello everyone,
we have just made revision in remuneration of all employees based on their performance so i want to ask you is it necessary to send Increment Letter to everyone who got hike in salary and got new designation and responsibility?
Thanks in advance
k_shenbagarajan
Dear Ganesh,
It is must to send the letter to all the employees. everyone should know how they have been rated. Any grievances you have to handle for a mutual understanding.
k_shenbagarajan
Date

To

Employee Name

Employee Code

<Previous Designation>

<Department>

Dear <Name>

We are pleased with your skills and overall demonstrated performance as <Previous Designation> on various Projects with <Company Name>.

Consequent to the review of your performance during the period of ____________ to ________, we have pleasure in informing you that, your rating is "Excellent"

We would like to express our appreciation and commendation for all the passion and commitment you have been exhibiting in your existing role. In recognition of your contribution and passion towards work, it is our pleasure to inform you that you have been promoted as <Current Designation> and your revised CTC is <Amount>, and this comes effective from the current month.

Your revised CTC structure is enclosed herewith as 'Annexure A'.”

I hope this promotion will encourage and motivate you to continue putting in your best and perform well on all projects you involve.

Congratulations and keep the good work going.

With Best Wishes,

for <Company Name>
mamta kumari
Dear Sir,
We are restructuring salary structure i.e. fixed + variable = CTC, we have taken 8% for jr. and 10-15% for others, mine is very small IT firm, we had discussed with 1-2 employees and found that the in-hand salary is less inspite of increasing total CTC, and they are not happy, what should be do,
regards
Mamta
naveenjain72
The employee who got the increment would have been on the verge of change IT slab or any other likewise situation or there may be a salary structural difference.
From the point of company, the company has given rise but in place of increment, the take home is getting reduced which would obviously de-motivate the employee..
These cases should be separately dealt by the company incase it comes across taking into the motivational factor in place.
Naveen Jain
srinivasbhaskar
Dear Mamta
basically speaking, increase in Basic and DA will effect Take Home salary / Net salary, try to avoid to share of increased salary in these two heads.
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