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Salary Increase Confirmation Letter
A salary increase can be an investment to keep employees productive in a way which positively affects the bottom line of your company. Remuneration is another way you can entice and retain top-quality workers which can help to ensure you maintain a competitive position in the market.
Salary increases can help keep your employees happy and productive. When giving a salary increase, a letter is an effective tool to communicate the salary increase to an employee.
What to include in the letter?
The salary increase confirmation letter plays a crucial role in communicating the salary hike to your employees and also nicely packages the total remuneration package you offer.
HR Expert Australia recommends the letter should detail any discussion you may have had, including why the employee is receiving a raise. It is important you also convey that the salary of the employee will be increased on a specific date. Notify the employee of the new salary amount, the superannuation amount and any incentive or bonus. Don’t forget to appreciate them for their continuous contribution to the success of the company.
Key points
- Provide context for the salary increase
- Provide reasons for the pay raise
- Detail the total remuneration package (Increased salary amount, new superannuation amount, any incentive or bonus)
- Confirm the date from which the employee will get the increased salary and if any back pay is due.
Why Choose HR Expert Australia?
Drafting your own HR template letters takes time and expertise. HR Expert Australia provides a myriad of templates from job descriptions, staff appraisals, discipline, policies and procedures as well as many other crucial aspects of HR management. Our premium membership provides members with unlimited access to our extensive range of HR documents and templates. Having the right draft letters, forms and checklists can save your time while enabling you to manage your business efficiently.
