XYZ Pvt.

Ltd

SALARY INCREMENT LETTER (PRIVATE & CONFIDENTIAL)

Ref: /HRD/01 16th September 2007

To,
Mr. _______
Designation (Department Name)

Dear _____,

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.

Consequent to the review of your performance during the period of 16/09/2006 to 15/09/2007, we
take great pleasure in sharing with you your revised package for the current year, which will be
Rs.3,25,360/- Per Annum w.e.f 16/09/2007.
Please refer to a compensation fitment on next page for the salary breakup.

Your next salary review will happen after completion of 1 year from now.

Terms and Conditions:

Appraisal Amount:
The revised compensation package has been customized for you taking into consideration your
performance, company policies and related factors.

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.

All the other terms and conditions remain unchanged as per your appointment letter.
 Compensation Fitment

  Monthly Annual
     
Basic 10000.00 120000.00
HRA 6000.00 72000.00
DA 6000.00 72000.00
Traveling Allowance 3000.00 36000.00
Gross Salary 25000.00 300000.00
 
Medical Reimbursement   6000.00
LTA   4500.00
Uniform Allowance   4500.00
Provident Fund   9360.00
Medical Insurance Premium   1000.00
Total CTC 325360.00

As per company policy, Medical Reimbursement will be made on Submission of bills.

Apart from the above you are eligible for Gratuity as per the Gratuity Act.

We look forward to your valuable contributions and wish you all the very best for a rewarding year
ahead.

Please sign the duplicate copy of this letter as a token of acceptance of the same.

With Best Wishes.

Yours Sincerely,
For XYZ PVT LTD. Accepted

Signature & Date

_________________
(Manager HR)