Introduction
A salary revision letter is an important document that is used to inform an employee of a change in their salary. It is typically used when an employee is receiving a raise, bonus, or other form of compensation. The letter should include the details of the salary change, the reasons for the change, and any other relevant information. It is important to ensure that the letter is written in a professional and clear manner, as it will be used as a reference for future salary negotiations. This article provides a variety of salary revision letter formats in Word that can be downloaded and used to create a professional and effective salary revision letter.
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A salary revision letter is issued by the employer to the employee whenever the company approves salary increments (or) makes changes to the existing salary structure of employees. It consists of the percentage of the increment that the employee got approved.
Employees can also make a request to the management to revise their salaries by submitting an application (or) request letter.
Here you can download sample salary revision letter formats for both employers and employees in Word format.
Salary Revision Letter Formats By Employer
Format 1
To
The Employee Name,
Employee ID,
Designation,
Department.
Sub: Salary increment.
Dear Mr./Ms.___________(Employee Name),
We are pleased to inform you that your salary has been revised under the annual incremental policy. You will be entitled to get an increment of 20% on your current C.T.C, the new CTC will be effective from the current/next month onwards i.e. W.E.F _______ (Date).
Please find the enclosed annexure to know the breakup of your new CTC.
We appreciate your efforts and hard work and hope the same will continue in the future as well.
Best wishes.
For the Company Name,
Authorized Signatory.
Format 2
To
The Employee Name,
Employee ID,
Designation,
Department.
Sub: Salary increase letter.
Dear Mr. /Ms. _________(Employee Name),
With reference to your request for a salary increment, we are glad to provide a 25% hike on your current CTC.
Please note that your current CTC is ____________ Rs, after increment your new CTC will be __________Rs. The new CTC will be effective from __________(Date).
You are one of the precious employees of the company and hope the increment will motivate you to work with more passion and enthusiasm.
Kindly contact the HR department to know more details about your salary breakup.
Best Regards.
For the Company Name,
Authorized Signatory.
Request Letter for Salary Revision by Employee
Format 1
To
The Manager,
Company Name,
Address.
Sub: Application for salary increment.
Dear Sir/Madam,
I am _________(your name) working as a ___________(your designation), in ___________(department).
Here I would like to request you to revise my salary. I have been working for the last __ years and I am always sincere and hard working.
Due to the increased cost of living, I am not able to survive with my current salary. A rise in my salary will solve all my financial worries so that I can work more efficiently.
Hope you consider my request for salary raise.
Thanking you.
Sincerely,
Your name.
Format 2
To
The Manager,
Company Name,
Address.
Sub: Request for salary revision.
Dear Sir/Madam,
My name is _________(your name) working in your company as a ___________ (your designation), in _______________(department), since _______(date of joining).
I have been performing well throughout my professional career, and you can hear all the positive words from my superior officers about me.
But Irrespective of all the appreciation I am receiving my salary is not increasing, so here I would like to request you to kindly review my salary.
I shall be grateful to you in this matter.
Thanking you.
Regards,
Your name.
FAQs
What is salary revision?
Salary revision means reviewing the salary of the employees, it is part of the salary increment process. Based on the experience and performance of the employees, companies revise the salaries to give increments.
To whom do employees have to submit a salary revision letter?
It should be submitted to the HR department (or) manager (or) to your boss.
How do I ask for salary revision?
Highlight your experience and your core skills and in the salary revision request letter or email, and submit that letter to your boss, so that the company will make a decision.
Can I negotiate about the already revised salary?
Yes, you can negotiate about it.
Is asking for a 20-25% salary raise is too high?
No, it is not too high, you can make a request based on your contributions and efforts to the company’s growth.
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Salary Revision Letter Formats in Word | Download
Are you looking for a salary revision letter format in Word? If so, you’ve come to the right place. Here, you’ll find a variety of salary revision letter formats in Word that you can download and customize to fit your needs.
A salary revision letter is an important document that is used to inform an employee of a change in their salary. It is important to ensure that the letter is written in a professional and courteous manner, as it will be a reflection of the company’s attitude towards its employees.
When writing a salary revision letter, it is important to include the following information:
- The reason for the salary revision
- The new salary amount
- The date the new salary will take effect
- Any other relevant information
It is also important to ensure that the letter is signed by the appropriate person, such as the company’s CEO or HR manager.
We have a variety of salary revision letter formats in Word that you can download and customize to fit your needs. These templates are easy to use and can be edited to include any additional information that you may need.
Download our salary revision letter formats in Word today and make sure that your employees are informed of any changes to their salary in a professional and courteous manner.
