You want a raise and feel that you deserve one. What's the best way to get an increase in your pay? If you can make a strong case for a salary increase, it may help to put a formal request in writing.

Free Salary Increase Template is available here. Requesting for a Salary Increase may seem a bit intimidating. Understanding on how to ask for salary raise is most important and there are guides available to complete the task of salary increase in an efficient manner. A Salary increase form template is necessary for motivation of employees therefore potential employers frequently provide a proportional amount of salary raise to motivate them toward their jobs. It is necessary to openly communicate with your employee before raising his/her salary to increase. Salary authorization form. Employee name. Effective date. Salary increase/decrease amount. Prior amount. Reason for increase/d. A perfect salary increase should have all the necessary elements clearly mentioned on it so, you can ask for salary increment with utmost confidence. Because only a salary increase template written in a proper way could grant you the salary raise that you have always wanted. Importance of Salary Increase. We have taken a great care while preparing the best salary increase template for you. A salary increment letter sample can also be used by the employee to request a salary increase. Before you ask your boss for a raise, make sure your presentation is professional. A salary increase letter is the first step in requesting a raise. A salary increase letter lets you state all the reasons the raise has been earned by you.

Asking for a raise is not only difficult, it can be dangerous if you say the wrong thing. Saying the right thing, though, can help you get the increase you would like.

Further, the average annual salary for my position is $65,000, according to data from Payscale.com. This is more than 12% higher than my current salary of $58,000. A 10% raise in salary is would put my compensation in line with industry and regional expectations for the work. Thank you for your attention in this matter. A salary increase template should be drafted as a professional format because it will serve as a proof that the company cares for the rights of its employee and it will be a certificate for the employee as well. It will inform the employee about increment in their monthly salary which is approved by management.

A well-developed letter can help support your argument while keeping you from tripping over your words in person. It can also be easier to make the request in writing, compared to having a conversation about your compensation.

A letter is also a record documenting the request should it be denied now but reconsidered in the future. It also removes any question of your boss taking the request seriously.

Who to Ask for a Salary Increase

A salary increase request should be addressed to the person who manages your raises and bonuses. That may be your supervisor, manager, or the head of your department. It is generally not a good idea to go above the person who makes salary decisions for your team. If you don’t trust your direct manager, the letter should help keep the process professional.

Free Salary Increase Template Free

When to Ask for a Salary Increase

Before you send a letter asking for a salary increase, make sure the timing is right. For example, if you know the company is doing well, your boss is pleased with your work, and sufficient time has elapsed (at least a year or more, depending on company culture) since your last salary raise, then all signs point to go.

When Not to Ask for a Pay Raise

If there have been recent layoffs of financial troubles in the company, or if regular salary raises as part of an annual performance review that is months away, this may not be the right time to make your case for an unplanned increase. Here are some of the reasons why you may not get the salary increase you're seeking.

What to Include in the Letter

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Before you start writing, gather resources that will help you justify a raise in salary. Think back over your history with the company and create a list of accomplishments since your last salary increase, paying close attention to those that may have improved the business’s bottom line.

If you believe you are being paid less than you are objectively worth, it’s important to include examples. Do some research on pay rates for your job or similar jobs in your industry through salary websites like Payscale.com, Glassdoor.com or Salary.com.

What Not to Include in the Letter

Avoid complaining or victimization, particularly if the company has been going through rough times. Assume that things are tough all around, but explain why your work stands out.

Do not include any personal insights about the salaries of coworkers: focus instead on your value in your role and your value to the company.

Employee Pay Increase Template

Sample Salary Increase Request Letter

If you think the time is right, below is a sample salary increase request letter that can be used as a guideline when you write your own customized letter requesting a raise.

The letter should be formatted and written in a formal way. The example letter below is intended to be sent in hard-copy form. If it is being emailed, you can remove the date and the address for yourself and the employer, and begin the letter with the greeting.

Sample Salary Increase Request Letter (Text Version)

Taylor Employee
95 Park Lane
Anderson, CT 00880
445-435-0000
janed@emailexample.com

Date

Arthur Boss
XYZ Company
23456 Broad Street
Stamford, CT 00834

[use above for hard-copy letter only]

Dear Mr. Boss,

I am writing to formally request a review of my current salary. As an Account Executive with 5 years at Acme Corporation, I have always been ready and able when asked to take on additional work and new job responsibilities. I believe a review of my track record with the company, my recent achievements, along with industry average salaries, will demonstrate justification for an increase of at least 10% in my annual pay.

Download pcsx2 1.4 0 64 bit. My role has evolved since starting with Acme Corporation. Added duties now include staff management, budget decisions, and project management. In the past year, I have distinguished myself with the following accomplishments:

  • I improved efficiencies in the accounts payable system, saving the company $50,000 in annual revenue.
  • I managed the successful launch of our new product, helping to realize $100,000 in quarterly sales.
  • I’ve strived for excellence, continued adding value to the company, and never missed a deadline.
  • Peer reviews indicate that my colleagues appreciate my management style and I am a valuable member of the team.

Further, the average annual salary for my position is $65,000, according to data from Payscale.com. This is more than 12% higher than my current salary of $58,000. A 10% raise in salary is would put my compensation in line with industry and regional expectations for the work.

Thank you for your attention in this matter. I am willing to work with you to accommodate my request along with what is best for the company. If you have another amount in mind or a plan to increase my salary in the future, I am open to negotiation.

Sincerely,

Signature [for hard copy letter]

Taylor Employee

How to Get the Raise You Requested

Be Aware of Timing: Time your request for when you have the optimal chance of getting a positive response.

Prepare Your Request: Take the time to research what you're worth in the job market, so you can show your manager why you should be considered for a raise. Need for speed carbon gamecube iso europe.

Have a Discussion: If possible, ask for a meeting to discuss your letter and your compensation. It's easier to have an in-person discussion than it is to go back and forth via email.

Article Table of Contents Skip to section
Salary adjustment form template
  • Who to Ask for a Salary Increase
  • When Not to Ask for a Pay Raise
  • What Not to Include in the Letter