Date:

Name : Grade :

Designation : Department :

Employee Code : Location :

INCREMENT LETTER

We take this opportunity to congratulate you, and express our appreciation for your valuable contribution in

achieving company objectives. We are confident that you will continue the good work in the same spirit of

commitment and sincerity and grow with our organization. Management is pleased to effect the following changes

in your terms of employment with effect from 01st April 2014 (all figures given below are in Rs per month):

Salary Components As on 1st April 2014

Basic

HRA

Medical Reimbursement

Transport Allowance

Special Allowance

PF

ESI

Ex-gratia

Bonus

CTC (per month)

All other terms and conditions of your employment as stipulated in your appointment letter or subsequent

modifications thereof remain unchanged and will be governed by the company’s HR Policies prevalent at the time.

Confidentiality:

Matter of your compensation is confidential information of the company. Any discussion or disclosure of

your compensation with anybody other than your departmental head or HR will be considered as breach of

agreement by you. Your compensation package is unique to you and not for comparison with other

employees of the company.

The year ahead is going to pose several challenges. We demand exceptional performance from all of us to sustain our leadership contributions. We are confident that you will rise to this challenge and pool in your energies, competencies and commitment to achieve further heights.

With best wishes

(Director)