Sample Merit And Bonus Adjustment Letters Template

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Sample Merit and Bonus Adjustment Letters
[EXAMPLE 1]
Dear {{ employee_first_name }},
I am happy to inform you of your {% if is_hourly %}hourly rate{% else %}annual base
salary{% endif %} of {% if is_hourly %}{{hourly_rate_after_merit}}{% else
%}{{new_salary}}{% endif %} that reflects an increase the amount of {{ merit_amount
}} or {{ merit_percent }} of your base pay. The effective date of this increase is {{
salary_effective_date }}, and the increase will appear on the following payroll.
We are pleased to award this increase based on your performance over the last
review period. Thank you for your continued contributions to meet our business
goals and objectives.
Sincerely,
{{ manager_first_name }} {{ manager_last_name }}

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Parent category: Letters