A letter that tells an employee in India about a salary increase, with the effective date and the current and revised CTC. The employer signs and issues it first, then the employee signs to accept.
The whole document, exactly as it prints. Type your answers and they appear in the document as you go. When it reads right, print it or save it as a PDF.
Salary Increment Letter
Salary Increment Letter
A letter informing an employee in India of a salary increase, issued by the employer and accepted by the employee. Template v1.0.
Date: Date of this letter
Employer: Employer
Employee: Employee
Designation: Designation
We are pleased to tell you that your salary has been revised. This increase recognises your contribution and follows our salary review.
Effective from: Effective from
Current annual CTC: Current annual CTC
Revised annual CTC: Revised annual CTC
Revised salary breakup:
Revised salary breakup
The revised salary will be paid from the effective date, after the deductions required by law, including tax deducted at source. All other terms of your employment stay the same.
Thank you for your work. We look forward to your continued contribution.
Please sign below to accept the revised salary, and keep a copy for your records.
For the EmployerSignatureNameDateTitle
Employee (accepted)SignatureNameDatePlace
BEFORE YOU START
What you will be asked
Have these details ready. The template needs them before anyone signs.
What is the employee's designation?
From what date does the new salary apply?
What is their current annual CTC?
What is the revised annual CTC?
How is the revised CTC broken up, if you want to show it?Optional
THE PEOPLE
Who signs
Everyone the template names, and what each one does.
For the EmployerSignsSends it
Employee (accepted)Signs
THE RIGHT TEMPLATE
Where it fits
Use it when only the salary changes. Use the promotion letter when the designation changes too, and the appointment letter for a new employee.
A CAREFUL CHECK
Before you rely on it
Original Centilio wording, not legal advice. Check both CTC figures and the breakup against payroll, and how PF, ESI, gratuity and bonus apply at the new salary. This letter does not usually need stamp paper, but confirm the practice in your state before you approve.