Sample Merit And Bonus Adjustment Letters Template Page 5

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Sample Merit and Bonus Adjustment Letters
[EXAMPLE 5]
Congratulations, {{ employee_first_name }}!
As a result of a proactive review of your compensation, {{ company.name }} has
determined that your continued contributions and recent achievements warranted a
change to your base salary. The result of your salary review is that {% if is_hourly
%}hourly rate{% else %}salary{% endif %} will be increased by {{ merit_amount }}.
The changes will be implemented on the first paycheck following {{
salary_effective_date }}.
Your previous base salary earnings/wage: {% if is_hourly %}{{ hourly_rate }}{% else
%}{{ current_salary}}{% endif %}
Your new salary/wage as of {{ salary_effective_date }}: {% if is_hourly %}{{
hourly_rate_after_merit }}{% else %}{{ new_salary}}{% endif %}
We would like to thank you for your continued contributions. Your work at {{
company.name }} is greatly appreciated, and we wish you continued success.

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Parent category: Letters