October 1st, 2007 Mr.
X Y Technologies Private Ltd
Re:- Letter of Promotion
Dear Mr. X, The Company is pleased to inform you that you have been promoted from Junior Software Developer to Software Developer w.e.f October 1st, 2007. Also it is our pleasure to inform you that there is an increment in your base salary and it has been revised to Rs. 7000 P.A. w.e.f. October 1st, 2007 as a part of the Performance Appraisal and Commitment towards Company. The detailed Pay Structure is annexed as a part of this letter (Terms and Conditions, Point 1., Annexure I (II)). We are pleased to inform you that all the other terms and conditions of your appointment remain unchanged. Please accept our personal congratulations on this well-deserved recognition of your continuing excellent contributions and commitment to our organisation. We appreciate the efforts put in by you and expect that you would continue to do so in the future. Congratulations and best wishes! Yours sincerely, For Y Private Ltd.
Date:- October 1st, 2007 Manager- Human Resources Encl.: Annexure: - Terms & Conditions (Annexure I (II))
1. Your annual compensation package consists of a gross of Rs. _____________/- Salary (Rupees______________only.) per annum, Your annual Salary Break up is as follows:- Basic: Rs. ____________/-, HRA: Rs. ___________/-, Medical: Rs. ________/-, Conveyance: Rs. _________/- (Annexure II), with effect from the date of your joining. Income Tax /Professional Tax will be deducted each month according to the Income Tax rules as/if applicable. Each employee will be expected to take care of his/her tax planning on an individual basis. Rs. ____________/annum is your fixed salary. (From Annexure I, Terms and Condition of Employment)
Please understand that this letter spells out some of the terms and conditions of employment and that the other service rules of the company, as currently in force and as amended from time to time will be applicable to you. I have read, understood and agree to abide by the aforesaid terms and conditions of this letter. I accept the above mentioned terms and conditions on revised salary i.e. Rs. _____/- p.m. and Promotion to the position of _____________________, Branch ________.
Signature of the employee: [Name] [Branch]
Date: