Need Help Crafting the Perfect Increment Letter Format – Any Suggestions?

Dear All,

Can you please provide me with a good format to be used for an INCREMENT LETTER???

Cheers,
J

Dear J,

You require the Increment letter (or) Appraisal Performance format. I am attaching the Appraisal form for your reference.

Sanjay

:D :D :D

Hey Sanjay,

Thanks, Dude. That's really helpful for conducting Performance Appraisal!!!

Do you have any Salary Increment Letter or Salary Appraisal Letter that is given to employees once their salary review is done?

Cheers, J

Ref: HR/AL/

Date: [Insert Date]

Name

Sub: Performance Appraisal Letter

Congratulations!!

Dear [First Name],

We are pleased to inform you about your revised remuneration.

Your annual CTC has been revised to Rs. XXXXX/- (Rupees in words), i.e., Rs. XXXXX per month. Your new designation is (If Applicable) ------------------- at grade -------.

A detailed breakup of your remuneration is attached. The revision is effective from 07.

After the upcoming annual increment (date 2007), you will be eligible for the next increment in the month of 2007.

Kindly note that the above-mentioned CTC and monthly salary include Rs. XXX/- as a bonus, which will be paid in the month of [Insert Month]

Terms and Conditions:

Appraisal Amount:

The revised compensation package has been customized for you considering your performance, company policies, and related factors.

Confidentiality:

The matter of your compensation is confidential information of the company. Any discussion or disclosure of your compensation with anybody other than your departmental head or HR will be considered a breach of agreement by you.

Your compensation package is unique to you and not for comparison with other employees of the company.

All other terms and conditions remain unchanged.

Please note that the above structure is subject to change in line with changes in company policy and income tax rules. All benefits are as per company policy, which may change from time to time

Wish you all the success!!

Name

Signature

Ref: HR/Employee no

Date: 00/00/0000

Mr. [Name]

Designation

Dear [First Name],

We are pleased to inform you that your salary has been revised with effect from 01/04/2007, and you will be paid as below (Here you can mention as per the attached sheet with salary details):

Basic Rs 20,000/- per month

Dearness Allowance As applicable per month

Variable Dearness Allowance As applicable per month

House Rent Allowance 20% of Basic + D.A. + V.D.A. per month

All other terms and conditions of your employment remain unchanged.

We take this opportunity to congratulate you and express our appreciation for your valuable contribution in achieving company objectives. We are confident that you will continue the good work in the same spirit of commitment and sincerity and grow with our organization.

Sincerely,

For ABC Pvt. Ltd.

Managing Director

HOPE THIS HELPS

AMBIKA KAMATH

Increment Letter Format

Ref No: XXXXXXXXXXXXXXXXXXXX
Dated: XXXXXXXX

To XXXXXXX
XXXXXXX

Dear Mr. XXXXXXXX,

You have been working with us for quite some time. During this tenure, you have been sincere and dedicated towards various assignments entrusted to you from time to time.

It gives the management immense pleasure to acknowledge your efforts with an increment of your gross salary to Rs. XXXXX/= (Rupees XXXXXXXXXXX only) with effect from XXXXXXXXX. Your next review and increment are due on XXXXXXXX.

Wishing you a long and fruitful association with the company.

For XXXXXXXXXXXXXXXXX,
XXXXXXXX
MD & CEO

Hi,

I am also attaching the format for Performance Appraisal. I hope it will be useful.

Lavanya

Thank you very much for the help.

After taking inputs from all of you, I have created an increment letter format for my company's use. I am uploading it for others to refer to.

Cheers,
J