Dear HR Professionals and experts, please can any one send me the salary revised draft format; the present one which i am sending as an attachment is not better for My GM.
From India, Hyderabad
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15From India, Hyderabad
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You can use the following formats for salary revision.
REF: HR/INC-2011/EMP ID
Name: ABCD
EMP No.: 1234
Department: Business Development
Location: Delhi
Subject: Annual Increase – 2011
As part of the Annual Performance Evaluation Process for the year 2010, you have been evaluated based on your individual MBO achievement and competencies. Upon final evaluation, your performance has been rated as “Above Expectation”, which is equivalent to a rating of “4” on the performance evaluation scale.
Based on this, the Management is pleased to inform you of the compensation changes made in your salary effective 1st April 2011. Please find your revised compensation structure as per the enclosed Annexure ‘A’.
Since this is a confidential communication to you, as a company policy, you are requested not to share this communication with other employees. Non-adherence will be treated as a breach of policy.
While appreciating your contributions to the Company, we look forward to your continued excellence in performance.
For Company Name
XYZ
Head - HR
Encl: Annexure-A
Cc: Personal file
Regards,
Kumar Anand
HR-SAMSUNG
From Korea
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REF: HR/INC-2011/EMP ID
Name: ABCD
EMP No.: 1234
Department: Business Development
Location: Delhi
Subject: Annual Increase – 2011
As part of the Annual Performance Evaluation Process for the year 2010, you have been evaluated based on your individual MBO achievement and competencies. Upon final evaluation, your performance has been rated as “Above Expectation”, which is equivalent to a rating of “4” on the performance evaluation scale.
Based on this, the Management is pleased to inform you of the compensation changes made in your salary effective 1st April 2011. Please find your revised compensation structure as per the enclosed Annexure ‘A’.
Since this is a confidential communication to you, as a company policy, you are requested not to share this communication with other employees. Non-adherence will be treated as a breach of policy.
While appreciating your contributions to the Company, we look forward to your continued excellence in performance.
For Company Name
XYZ
Head - HR
Encl: Annexure-A
Cc: Personal file
Regards,
Kumar Anand
HR-SAMSUNG
From Korea
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Salary & Compensation Guidelines.zip
Salary Revision formulas- CA.doc