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General Salary Raise Letter Dear [Employee], We've reviewed your performance from the past year as [Job Title] and are delighted to say we've increased your annual salary from [amount] to [amount]. Your salary increase is effective [date] and will appear in your paycheck starting [date].

Be Specific Include details about your current salary and the amount of the requested raise. Don't just ask for a raise, but explain why you deserve one. Outline your accomplishments and achievements, and explain how they have contributed to the success of the company.

Updating salary ranges and midpoints involves three main steps: conducting a market analysis to compare pay rates and practices for similar jobs and skills, determining the appropriate salary range spread and midpoint formula, and applying the formula to calculate the new salary range and midpoint.

Tips for asking for a raise List your accomplishments from the past six months, the past year and your time with the company. ... Know what a competitive salary looks like for your position. ... Let your boss know what's in it for them. ... Be confident. ... Provide your request in writing.

Exploring the key elements you need to consider when developing a pay structure, including: Ensuring there is alignment between the business, HR and reward strategy. The different types of grade and pay structure. Job evaluation versus no job evaluation.

So, what does this mean for an employee? Generally, you can expect to discuss compensation or a pay rise at least every 12 months, however ultimately, it's up to employers to choose whether ? and when ? to increase staff pay.