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    Salary Increment Request Letter Excel Template

    Uploaded by

    Foumil Albatin Indus
    Mr. Shyam Modi requests a raise in his salary from Rs. 5,00,000 to Rs. 6,00,000. He has been the Chief Accountant at ABC PQR Ltd. since May 2007. He cites several reasons for the requested increase, including that his salary is now lower than colleagues and current market rates for his position. He also notes taking on additional responsibilities successfully. A salary increase would help him better afford living expenses and support his family. He believes he deserves a raise due to his strong performance and contributions to the company's growth over 13 years of employment.

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    © All Rights Reserved
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    Salary Increment Request Letter Excel Template

    Uploaded by

    Foumil Albatin Indus
    146 views8 pages
    Mr. Shyam Modi requests a raise in his salary from Rs. 5,00,000 to Rs. 6,00,000. He has been the Chief Accountant at ABC PQR Ltd. since May 2007. He cites several reasons for the requested increase, including that his salary is now lower than colleagues and current market rates for his position. He also notes taking on additional responsibilities successfully. A salary increase would help him better afford living expenses and support his family. He believes he deserves a raise due to his strong performance and contributions to the company's growth over 13 years of employment.

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    Salary-Increment-Request-Letter-Excel-Template

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    Mr. Shyam Modi requests a raise in his salary from Rs. 5,00,000 to Rs. 6,00,000. He has been the Chief Accountant at ABC PQR Ltd. since May 2007. He cites several reasons for the requested increase, including that his salary is now lower than colleagues and current market rates for his position. He also notes taking on additional responsibilities successfully. A salary increase would help him better afford living expenses and support his family. He believes he deserves a raise due to his strong performance and contributions to the company's growth over 13 years of employment.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    146 views8 pages

    Salary Increment Request Letter Excel Template

    Uploaded by

    Foumil Albatin Indus
    Mr. Shyam Modi requests a raise in his salary from Rs. 5,00,000 to Rs. 6,00,000. He has been the Chief Accountant at ABC PQR Ltd. since May 2007. He cites several reasons for the requested increase, including that his salary is now lower than colleagues and current market rates for his position. He also notes taking on additional responsibilities successfully. A salary increase would help him better afford living expenses and support his family. He believes he deserves a raise due to his strong performance and contributions to the company's growth over 13 years of employment.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    of 8

    www.ExcelDataPro.

    com
    Salary Increment Request Letter
    Particulars Details
    Employee's Details
    Name Mr. Shyam Modi,
    Address Line 1 33, M.G. Road
    Address Line 2 Nr. Post Office
    City and State Pune, Maharashtra
    Pincode 400325
    Employer's Details
    Company's Name ABC PQR Ltd.
    Sender's Name Mr. S.K. Venkatraman
    Sender's Designation The Deputy General Manager
    Sender's Department Human Resource Department
    Address Line 1 10056, Lane 3 Industrial Notified Area,
    Address Line 2 Pune, Maharashtra
    Current Salary Details
    Letter Issuing Date 01/03/2020
    Employee's Designation Chief Accountant
    Associated / Employeed Since May-2007.
    Current CTC Rs. 5,00,000/- (Rupees Five Lakh Only)
    Additional professional qualification acquired.
    Value additions
    Value additions Made administration process easier reducing operating cost.
    Made bill payment process easier and faster reducing operating
    cost.
    Salary Increment Reasons

    In the current inflationary time, it is getting difficult to cope-up Salary lower than m
    with all expenses; in above-stated remuneration. My pay is due to inflation.
    comparatively lower than my colleagues though being in the same
    cadre as mine. Even if we look at the current market scenario; the
    average salary for my position is Rs.6,00,000 (Rupees Six Lakhs
    Only). This is as per the openings listed on www.timesjobs.com.

    Salary hike due to


    As I got married last month, it is getting difficult to cope-up with
    all expenses; in the above-stated remuneration. My pay is
    comparatively lower than my colleagues though being in the same
    cadre as mine. Even if we look at the current market scenario; the
    average salary for my position is Rs. 6,00,000 (Rupees Six Lakhs
    Only). This is as per the openings listed on www.timesjobs.com.
    Salary raise demand as now shoulde
    responsibilities.
    Since last two months, I have been assigned with a new
    responsibility in production department. I am accomplishing all the
    desired results since then at your best satisfactory level.
    Annual Incriment
    Reasons For Salary Increment It has been a year to my last increment. A reasonable increment
    always serves as a booster in employees’ performance.
    Long time no incriment.
    It has been more than two year to my last increment. A reasonable
    increment always serves as a booster in employees’ performance.
    End of Probation P
    End of Probation P
    As I’ve successfully completed my Probation period of 6 months
    and got a confirmation letter on 03/02/2020. I proved my calibre
    and now I am successfully associated in our day to day business
    activity playing my role at its best.
    Salary Increase Aft
    As I’ve been promoted in Jan-2020 and since then I am shouldering
    higher responsibilities and successfully accomplishing all the
    desired goals.
    Area Relocation or
    As I am relocated to our new employees' colony which is located
    25 kms. from our factory premises and every day I’ve to commute
    50 kms. by car and hence every day I incur commuting expenses of
    Rs. 500 / day; which turns to Rs.13,000 / month. It is a very heavy
    expense every month and even I do not getting any such allowance
    Enter your custom
    against it.

    Custom

    Moreover, my wholehearted contribution to the growth and


    progress of our esteemed organization will make you feel that I While having job o
    deserve a substantial hike in my pay. I propose to raise my pay to
    Rs.6,00,000 (Rupees Six Lakhs Only) as it will put my
    compensation in line with industry and regional expectations for the
    work. Recently I have received an offer from another firm where
    they are offering me the Rs.6,00,000 (Rupees Six Lakhs Only) with
    additional perks.
    How this salary Increment will help
    Without any job o
    How this salary Increment will help
    Without any job o
    Moreover, my wholehearted contribution to the growth and
    progress of our esteemed organization will make you feel that I
    deserve a substantial hike in my pay. I propose to raise my pay to
    Rs.6,00,000 (Rupees Six Lakhs Only) as it will put my
    compensation in line with industry and regional expectations for the
    Enter your custo
    work.

    Custom
    Salary lower than my peers. / Salary hike needed
    due to inflation.

    Salary hike due to change in marital status.

    mand as now shouldering additional

    nt

    criment.

    End of Probation Period


    End of Probation Period

    Salary Increase After Promotion

    Area Relocation or Long Commute

    Enter your custom reason here.

    While having job offer on hand.

    Without any job offer on hand.


    Without any job offer on hand.

    Enter your custom reason here.


    Mr. Shyam Modi,
    33, M.G. Road
    Nr. Post Office
    Pune, Maharashtra-400325

    ###

    To,
    Mr. S.K. Venkatraman
    The Deputy General Manager
    ABC PQR Ltd.
    10056, Lane 3 Industrial Notified Area,
    Pune, Maharashtra

    Subject: Application for a raise in pay scale.

    DearMr. S.K. Venkatraman

    Greetings of the day!

    I am serving our reputed organi ABC PQR Ltd. , as Chief Accountant since Err:508

    I learned a lot during all these years and I am very much satisfied with my work; our organization's working
    culture, all my seniors and colleagues and feel proud to be associated with such a reputed organization. I see my
    bright future with this esteemed organization.

    I have been discharging all my duties and responsibilities to the best of my abilities and had accomplished all the
    given tasks with desired results and that too within its stipulated time frame. I am very punctual on my duty and
    maintain good discipline and character during all these years. I complete all assigned work with accuracy and
    efficiency. In every important task, where I am required to match deadlines on short notices, I deliberately stayed
    back and had it done successfully; which was even acknowledged by your kind self.

    Moreover below mentioned are value additions I made to this organisation during my association till now which
    benefited our company in terms of money as well as reputation.

    1) Additional professional qualification acquired.


    2) Made administration process easier reducing operating cost.
    3) Made bill payment process easier and faster reducing operating cost.

    Concerning my pay scale, at present, I am fetching Rs. 5,00,000/- (Rupees Five Lakh Only) per annum.

    As I am located 25 kms. from our factory premises and every day I’ve to commute 50 kms. by car and hence every
    day I incur commuting expenses of Rs. 500 / day; which turns to Rs.13,000 / month. It is a very heavy expense every
    month and even I do not getting any such allowance against it.

    Moreover, my wholehearted contribution to the growth and progress of our esteemed organization will make you feel
    that I deserve a substantial hike in my pay. I propose to raise my pay to Rs.6,00,000 (Rupees Six Lakhs Only) as it
    will put my compensation in line with industry and regional expectations for the work.

    It will be a great gesture from your kind side acknowledging my wholehearted efforts towards our esteemed
    organization if you accept this application and hike my pay accordingly. I assure you the same intensity of
    devotion and dedication in all my future endeavors; benefiting our esteemed organization each day with all sincere
    efforts.

    If you wish to discuss this further in person, I would be glad to do so as per your convenience. Anticipating a
    positive response from your kind end. Please look into the matter and do the needful and oblige.

    Thank you

    Yours faithfully, ,

    Mr. Shyam Modi,


    Chief Accountant
    ABC PQR Ltd.

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