Date:
[Date]
[Full Name]
Location
Dear ____,
This year has been eventful and challenging for
all of us in _______ . We have met the huge challenge of scaling up our
business and growing our bottom line.
Your performance during this period has been rated
as Exceeds Expectations. We hope that you continue to meet all challenges that
we will offer you in the coming year.
We are delighted to inform you that your
performance linked incentive for the year [ ] is $._____. Congratulations on
meriting this reward.
Further your annual compensation for the year [ ]
(w.e.f. [ ]) has been enhanced to $.___ the break up of which will be
communicated to you by Human Resources. All other terms and conditions of your
letter of appointment remain unchanged.
With all good wishes to you and your family,
Executive Director
