Salary Increase Letter Template
A salary increase letter is a formal document that communicates changes in an employee's compensation. This professional template helps employers properly document and communicate salary adjustments while maintaining positive employee relations.
What This Template Is For
This template is designed for HR professionals and managers who need to formally communicate salary increases to employees. It provides a structured format that includes all essential information while maintaining a professional and appreciative tone. The template ensures consistency in compensation communications and creates an official record of salary changes.
When To Use This Template
Use this template when:
- Implementing annual salary reviews
- Awarding performance-based raises
- Adjusting compensation for promoted employees
- Providing market-based salary corrections
- Documenting merit increases
How To Customize It
Follow these steps to customize your salary increase letter:
- Insert the employee's name and current position
- Include the current salary amount
- Specify the increase percentage or amount
- State the new total salary
- Add the effective date of the increase
- Include any specific achievements or reasons for the raise
- Add any changes to benefits or other compensation
- Review for accuracy and professional tone
Common Use Cases
- Annual performance reviews
- Promotion-related increases
- Merit-based raises
- Cost of living adjustments
- Market rate corrections
Best Practices
- Be clear and specific about numerical details
- Maintain a professional yet positive tone
- Include all relevant dates and figures
- Acknowledge employee contributions
- Keep a copy for HR records
- Proofread carefully for accuracy
Template Variations
Different versions are available for:
- Performance-based increases
- Promotion-related raises
- Cost of living adjustments
- Market rate corrections
Success Stories
HR managers report improved employee satisfaction and clearer communication when using this structured template. Companies note fewer questions and concerns from employees about salary adjustments when using this format.