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Increment Letter

An employee received a letter informing them of a salary increase effective June 1, 2007. Their basic salary increased from Rs. 2000 to Rs. 4000, HRA from Rs. 1200 to Rs. 2400, and other allowances from Rs. 5000 to Rs. 6800. This brings their gross monthly salary from Rs. 9000 to Rs. 14000 and gross annual salary from Rs. 108000 to Rs. 168000. Their annual fixed gross cost increased from Rs. 180000 to Rs. 280000, and total annual cost from Rs. 190000 to Rs. 300000. The letter requests the employee sign to accept the terms.

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Suman Roy
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0% found this document useful (0 votes)
22K views1 page

Increment Letter

An employee received a letter informing them of a salary increase effective June 1, 2007. Their basic salary increased from Rs. 2000 to Rs. 4000, HRA from Rs. 1200 to Rs. 2400, and other allowances from Rs. 5000 to Rs. 6800. This brings their gross monthly salary from Rs. 9000 to Rs. 14000 and gross annual salary from Rs. 108000 to Rs. 168000. Their annual fixed gross cost increased from Rs. 180000 to Rs. 280000, and total annual cost from Rs. 190000 to Rs. 300000. The letter requests the employee sign to accept the terms.

Uploaded by

Suman Roy
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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Increment Letter ____/HRD/_____ Date : 31/05/2007 Mr./Ms.___________________ ________________ ___________ ____________ Dear Mr.

______________, Consequent to the review of your performance during the period of 13/11/2006 to 31/05/2007, we have pleasure in informing you that, w.e.f 01/06/2007 your salary is being increased as follows: Break up of Salary Salary Head Existing Revised Basic 2000 4000 HRA 1200 2400 TA 800 800 Other Allowance 5000 6800 Gross Per Month 9000 14000 Gross Per Annum 108000 168000 Mobile Reimbursement / Annum 12000 12000 Fixed Amount / Annum 60000 100000 Annual Fixed Gross Cost 180000 280000 EX-Gratia 10000 20000 Annual Total Cost 190000 300000 The other terms and conditions of your appointment remain unchanged. We look forward to your valuable contributions and wish you all the very best for a rewarding career with the organisation. Please sign the duplicate copy of this letter as a token of acceptance of the same. For, Company Name Name: Designation:

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