California Sample Letter Regarding Cost of Living Adjustment
Description
How to fill out Sample Letter Regarding Cost Of Living Adjustment?
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FAQ
List measurable benefits you have brought to the company; include specific numbers and data. Look into any additional education or certifications you could complete to help increase your value as an employee. Write out how your responsibilities, hours, and role may have increased and expanded during your employment.
I want to request a base salary increase of 5%, which is in line with the average salary for a sales executive with my level of experience in our geographic region. If possible, I want to meet to discuss my request in person. I'm happy to work with you to accommodate this request and am open to negotiation.
In this case, you can use the current inflation rate as a base for your request, then ask for a little additional money tied to your job performance. Even if you don't get the raise you want, experts suggest asking for other perks such as bonuses or flexible work arrangements that can help you save money.
After doing some market research and assessing the way that inflation has affected my cost of living, I believe that an increase in my salary is appropriate. I really enjoy this role and this team and see myself being here for many years, so I would like to find a number that makes us both happy.
How to write a salary increase letter Start planning. Before drafting a letter, plan what you want to say. ... Include the date and address. ... Use the recipient's name. ... Write the introduction. ... Discuss your achievements. ... Discuss your preferred range. ... Write a conclusion. ... Review your letter and sign your name.
Raise letter template Dear [Employee's first name]: This letter confirms that upon review, your salary has been increased from [amount] to [amount] per [time period]. Your salary increase is effective as of [date] and the increased pay will appear in your paycheck starting [date].
