Sample Merit and Bonus Adjustment Letters
[EXAMPLE 4]
Dear {{ employee_first_name }},
This year has been eventful and challenging for all of us at {{ company.name }}. We
have met the huge challenge of scaling up our business and growing our bottom
line.
Your performance during this period as been rated {{ rating_label }}. We hope that
you continue to meet all challenges that we offer you in the coming year.
We are delighted to inform you that your performance linked incentive for the 2016
Plan Year is {{ bonus_amount }}. Congratulations for meriting this reward.
Further, your {% if is_hourly %}Hourly Rate{% else %}Salary{% endif %} has been
increased to {% if is_hourly %}{{ hourly_rate_after_merit }}{% else %}{{
new_salary}}{% endif %} effective {{ salary_effective_date }}.
Well done!