How Do I Write a Persuasive Salary Increase Request to Retain Top Talent?

Hi,

I need to write a recommendation letter to management to request an increase in an employee's salary based on market equity. The employee has received a job offer that is significantly higher than their current compensation, and it is crucial for us to retain their talent.

Thanks,
Urooj

This is to bring to your kind notice that Mr. [Name] has been working with our company as [Position] for the past [number] years, and his/her current gross salary is Rs. [Amount] (Rupees [Amount]). Considering the current market scenario, the salary for such designated employees is Rs. [Amount] (Rupees [Amount]), and Mr. [Name] has been receiving offers from our competitors as well as other companies. We believe that Mr. [Name] is a valuable asset to the company and should be retained for the future betterment of the organization. Therefore, we strongly recommend that the management consider increasing his/her salary to Rs. [Amount] (Rupees [Amount]).

We trust that you will take the necessary steps to retain such a promising employee.

Best Regards,
[Your Name]