October 15, 2019
Your performance during the year was exemplary! You were rated as ______ by your manager.
Accordingly, we have decided to upward revise your compensation and increase your CTC by Rs. ___________ w.e.f. __________.
A one time performance award of Rs.________ is also being given to you.
Whilst appreciating your dedication and performance, we look forward to your sustained performance in the year ahead and wish you a bright career with our company.
<Name of the Business Leader>
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ItemReviewed: Sample Letter : Increment Letter