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In the first paragraph of your letter, mention how you enjoy working with the company. It's also helpful to state your job title and how long you've worked for the company. Then explain the letter's general purpose which is to ask for an increase in your salary. Next up, explain why you deserve the raise.
Start on a positive note. The firs 2-3 lines of your salary increment request letter should express how much you have enjoyed working on the project/department/with the team. State the reason. Present some facts. Talk about the amount. End on a positive note.
Research the job groups and salaries of employees at your level. Base your request on your performance. Provide evidence of your accomplishments and merits. Choose an appropriate time to approach your boss with the request. Use formal and polite language.
In your proposal, state your current salary, followed by data comparing your current salary to the market rate. Propose a salary range, also based on your research. 7. Calculate a starting salary range if you are in salary negotiations for new job.
Evaluate your position in the company. Before composing your letter, evaluate the market value of your job first. Write down all of your accomplishments. Don't ignore the perks. Include supporting materials. Other considerations to keep in mind.
Salary requirements can be included in your cover letter with sentences such as “My salary requirement is negotiable based upon the job responsibilities and the total compensation package,” or “My salary requirement is in the $40,000 to $45,000+ range.”
Thank you so much for the [Position Title] opportunity. Before I can formally accept the proposal, I need to discuss base salary. With my [23 industry-specific sources of value] and history of [summary of achievements], I know I will bring great value to [Company Name].
Always give context to the pay bump. Highlight any specific contributions your employee made to the company that contributed to the increase in salary. Always discuss the raise in dollar amounts instead of percentages.
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