Promotion LetterPromotion letter is written by employer to employee for rewarding him/ her for his/her performance. Rewarding comprises of higher designation and increment. This kind of letter is provided to motivate the employee to perform in a much better way. Find below some Example, Sample and format of writing Promotion Letter-
LETTER OF PROMOTION
Based on your sustained performance over the years and our assessment of your readiness to take up higher responsibilities, we are pleased to promote you as _______________ and place you in the level ________ of our company.
Accordingly, your compensation is revised w.e.f. ______ and your CTC will now be ________ which will comprise of:
Shs.________ as a fixed component of the pay plan, and
Shs. _______ as a variable component of the pay plan which is linked to your performance.
You will also be paid Shs. ______ as a one time performance award on the basis of this assessment and that of the company performance.
We are confident that you will discharge your new responsibilities effectively and redeem our trust in you.
We take this opportunity to thank your family for having supported you to deliver your best in _______.
Name of the Head
Sub: Change of Designation and Enhancement of salary −Reg.
In appreciation of your services, the Management is pleased to designate you as ____________and enhance your existing monthly salary by Shs. ________/- i.e., from Rs. ________/- to Shs _________/- with effect from _________.
Consequent on the change in designation and increase of your salary, you are advised to execute a bond for three years. We hope better performance from you in coming years. Wish you best of luck,
For [Company Name]
Dear Mr. /Ms,
We are very happy to inform you that you have been promoted as “Designation “with effect from “due date”. In accordance we hereby revise your Gross Salary as Rs___________/-.Other terms and Conditions remain the same as per the appointment letter.
Kindly sign and return the duplicate of this letter as a token of your acceptance of the above terms and conditions.
With best wishes,