Sample Merit And Bonus Adjustment Letters Template Page 7
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13Sample Merit and Bonus Adjustment Letters
[EXAMPLE 7]
Dear {{ employee_first_name }},
I am pleased to inform you of your annual salary, which has been increased for the
current fiscal year. Increases are provided based upon prior year performance and
considerations of market and equity. Your annual salary changes are outlined
below:
Previous Annual {% if is_hourly %}Hourly Rate{% else %}Salary{% endif %}:
{% if is_hourly %}{{ hourly_rate }}{% else %}{{ current_salary}}{% endif %}
Total Percent Increase:
{{ merit_percent }}
Amount of Increase:
{{ merit_amount }}
New Fiscal Year {% if is_hourly %}Hourly Rate{% else %}Salary{% endif %}:
{% if is_hourly %}{{ hourly_rate_after_merit }}{% else %}{{ new_salary}}{%
endif %}
Your increase will be effective as of {{ salary_effective_date }} and reflective on
following paycheck.
As always, should you have questions or would like to discuss further, please let me
know.
Thank you for your continued contributions.
Regards,
{{ manager_first_name }} {{ manager_last_name }}
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Parent category: Letters