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Salary Increase Letter 12

Taylor Employee is formally requesting a salary review from their boss, Arthur Boss, at XYZ Company. In the letter, Taylor details taking on additional responsibilities in their role as an Account Executive over 5 years, including staff management, budget decisions, and project management. Taylor believes accomplishments like improving efficiencies saving $50,000 and managing a successful product launch realizing $100,000 in sales justify a 10% salary increase. Peer reviews also indicate Taylor is a valuable team member. Taylor notes the average salary for their position is $65,000, over 12% higher than their current $58,000 salary, so a 10% raise would make the compensation more aligned with industry standards.

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0% found this document useful (0 votes)
917 views2 pages

Salary Increase Letter 12

Taylor Employee is formally requesting a salary review from their boss, Arthur Boss, at XYZ Company. In the letter, Taylor details taking on additional responsibilities in their role as an Account Executive over 5 years, including staff management, budget decisions, and project management. Taylor believes accomplishments like improving efficiencies saving $50,000 and managing a successful product launch realizing $100,000 in sales justify a 10% salary increase. Peer reviews also indicate Taylor is a valuable team member. Taylor notes the average salary for their position is $65,000, over 12% higher than their current $58,000 salary, so a 10% raise would make the compensation more aligned with industry standards.

Uploaded by

Bhobz 1135
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Taylor Employee

95 Park Lane
Anderson, CT 00880
445-435-0000
[email protected]

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.

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

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