How to communicate a raise to an employee? Is a salary reduction even legal for an employee? What is a raise letter?
In those years, I have become an integral member of the sales team, and have developed innovative ways to contribute to the company. If you think the time is right, below is a sample salary increase request letter that can be used as a guideline when you write your own customized letter requesting a raise.
Especially if the note complements a salary increase discussion with the employees manager, which should also always accompany a salary increase, the letter is an effective communication tool. See full list on thebalancecareers. The letter is the written documentation of the salary increase discussion.
The letter contributes to their feelings of pride in their accomplishments. The managers role in communicating the employees salary increase is the critical factor. Employees treasure these letters.
The manager must communicate why the employee is receiving the raise , the amount of the raise , and where that places the employees new base salary.
It is strongly recommended that the discussion about the salary increase focus on the strengths and contributions for which the organization is rewarding the employee with the increase. The meeting is also an excellent opportunity for the manager to discuss with the employee what she hopes to see in her performance continue over the next year. This is especially true if the improvements will make the employee eligible for a larger salary increase during the next performance time period. In this sample salary increase letter , the manager has met with the employee so the letter is confirming what the employee already knows.
The interaction allows the employee to ask questions. It allows the manager to explain the companys pay and reward philosophy as well. The above study found that compensation professionals believe that percent or fewer of employees understand basic company information related to reward strategies and philosophy. This salary increase letter reinforces what the employee knows from meeting with his or her manager.
It thanks the employee for her contributions and commitment and it emphasizes specific actions that are appreciated. This reinforces with the employee the actions you want to see going forward. Disclaimer: Please note that the information provide while authoritative, is not guaranteed for accuracy and legality. The site is read by a world-wide audience and employment laws and regulations vary from state to state and country to country.
Please seek legal assistance, or assistance from State, Federal, or International governmental resources, to make certain your legal interpretation and decisions are correct for your location. This information is for guidance, ideas, and assistance. Let us see some tips on how to write the letter before we see some pay raise letter samples.
When writing a pay raise letter , it should be brief and not a very long one. Pay Raise Letter Format. The tone should be confident and persuasive.
The article provides two samples and templates on asking for a raise in writing. Here is a suggested template to use: Drawing attention to the fact that you work in your team and company. Continue by saying that you wish to request a meeting. Refer to the goals you’ve achieved and the qualifications you’ve gained since your last raise.
So before going in to converse with your employer, write down some concrete examples of reasons why you should get the pay raise you’re asking for. Salary Increase Letter Templates Download 15. Sample letter requesting a pay raise. Request letters to management.
To help you, here’s our ‘pay raise letter to employee’ template in two versions – one sent from the employee’s manager and the other from HR: From the manager. Subject line: Your new salary. For example : I’ve exceeded the goals that were set out for me when I was hire and I believe that going above and beyond my existing role merits a pay raise of. This is in line with the industry standard for someone of my experience in this kind of role, especially with the goals I’ve met and exceeded in my time here. Most employees want a pay raise.
Some people are constantly looking for bigger and better opportunities. They want the best paying jobs. But some people prefer to seek an increase from within the company they are currently working for, rather than looking elsewhere. While the general census is that employers will not be favorable of these types of letters, this is not a true analogy. Actually, some employers would rather increase the salary of a good employee than to have to look for their replacement.
Replacing a valuable staff member can be time and money better spent on other things. Also, a high turnover for a company for paying employees poorly doesn’t look good on the company. A lot of factors will come into play on whether the request is grante for example, does the request fall within an acceptable range?
The opening paragraph should open right up to your request. Don’t beat around the bush, state your purpose clearly. Tell the supervisor exactly what you want and state the dollar amount or percentage of increase in pay you desire. If you have demands on the time frame that you need to see this increase, be sure to spell those out as well.
If the company can eliminate a position by allowing you to take on more opportunities, they may see the benefit in allowing you an increase. After you have stated your case, you may want to follow up with a meeting with you supervisor to discuss things further. This way you can find out where the company stands and if an increase is even possible.
The second paragraph should be reserved for why you deserve this increase. If you have been a main contributor to a special project or have numerous achievements, be sure to clearly spell out these accomplishments. Instant Downloa Mail Paper Copy or Hard Copy Delivery, Start and Order Now! It can be used by an employer, either to offer a pay rise (when the matter has not previously been discussed with the employee), or to provide written confirmation of the pay rise (after having already discussed the matter with the employee).
Before you ask your boss for a raise , make sure your presentation is professional. Dear Sir, I am writing to request for a salary raise. A salary increase letter is the first step in requesting a raise. Do you require more money? Proceed to say you require some excess information to achieve that, and that you really like to re-issue the test.
Having discussion on pay raise subject. Following that, you print out the test. That is why I approach you now to consider my request regarding a salary increment.
I would be thankful to you if you give me a pay raise after considering my track record and achievements. I hope to get a positive response. It’s not uncommon to want a raise. In fact, in a recent Indeed survey, only of people were comfortable with their rate of pay.
However, when you do ask for a raise , you need to carefully choose your timing.