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Salary Increment Application 02

 

Salary Increase Letter

 

 

Date

 

 

Recipient Name

 

XYZ Company

 

Address

 

Dear Mr. Boss,

 

I am writing to formally request a review of my current salary. As a [job title] with [ ] years at [XYZ Company], I have always been ready and able when asked to take on additional work and new job responsibilities. I believe a review of my track record with the company, my recent achievements, along with industry average salaries, will demonstrate justification for an increase of at least [ ] % in my annual pay.

 

My role has evolved since starting with [XYZ Company]. Added duties now include staff management, budget decisions, and project management. In the past year, I have distinguished myself with the following accomplishments:

 

I improved efficiencies in the accounts payable system, saving the company $[ ]  in annual revenue.

 

I managed the successful launch of our new product, helping to realize $[ ]  in quarterly sales.

 

I’ve strived for excellence, continued adding value to the company, and never missed a deadline.

 

Peer reviews indicate that my colleagues appreciate my management style and I am a valuable member of the team.


Further, the average annual salary for my position is [ Amount], according to data from [ ].com. This is more than [ ] % higher than my current salary of [Amount ]. A [ ] % raise in salary is would put my compensation in line with industry and regional expectations for the work.

 

Thank you for your attention in this matter. I am willing to work with you to accommodate my request along with what is best for the company. If you have another amount in mind or a plan to increase my salary in the future, I am open to negotiation.

 

Sincerely,

 

Signature

 


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