Here’s a request letter sample when asking for a salary increase. Check out below!
REQUEST LETTER SAMPLE FOR SALARY INCREASE – There are several reasons to ask for an increase and here’s a sample letter to formally do it.
Requesting a salary increase is common and necessary to be done in one’s career. There are several valid reasons to do this and articulating these reasons well in a letter may make your request more persuasive. However, in terms of salary increase, it is also expected that there would be added responsibilities that will come with it. This can also be one of the reasons to request this.
The other reasons to make this kind of request include:
- outstanding performance
- market value
- cost of living adjustment
- longevity
- loyalty
- career development
- increase workload or overtime
- retention
- personal circumstances may also serve as your motivation
It should be noted that making this request will not be instantly granted. There are things to consider such as your reasons whether they’re valid or not, your position, experience, skillset, and accomplishments.
Here’s a format:
[Name]
[Address]
[Contact]
[Date]
[Recipient Name]
[Recipient Address]
[Recipient Contact]
SALUTATION (example: To Whom It May Concern: or Dear Mr./Ms./Dr. [Last Name])
BODY OF LETTER
(single space in between sentences and double space in between paragraphs)
(you can use the block style format)
CLOSING SALUTATION (example Respectfully yours, Yours sincerely, Cordially, Respectfully, and for the less formal letter, you may use All the best, Best, Thank you, Regards)
SIGNATURE
(Under your closing, leave four single spaces between your typed full name, title, and other contact details you may want to include)
Here’s an example of a request letter for a salary increase:
To whom it may concern:
This letter is to formally request a review of my current salary as an (insert job title). I have been working for (Insert company name) for (Length of stay) and I have always been open in accepting additional work and new job responsibilities.
I believe that my achievements and contributions to the company will justify my request for at least a 10% increase in my annual pay. Since I started working, my role and duties have evolved and below is a brief list of some of my accomplishments:
– (Insert valid accomplishment)
– (Insert valid accomplishment)
– (Insert valid accomplishment)
– (Insert valid accomplishment)
– (Insert valid accomplishment)
In my stay here, I must say I really enjoyed it so much and I appreciate the support that you and the team have demonstrated for me. Moreover, according to (source) the annual salary for my current position is at (insert amount). I believe that the 10% raise I am asking for will align my compensation with industry and regional expectations for the work.
Thank you for taking this matter in consideration. I will be willing to work with you regarding this matter along with what is best for the company. Please don’t hesitate to contact me at (insert contact details) for questions. I am open to negotiation.
Sincerely,
(signature)
(Name of employee)