Idaho Sample Letter Regarding Cost of Living Adjustment
Description
How to fill out Sample Letter Regarding Cost Of Living Adjustment?
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FAQ
?I Need a Raise to Match My Cost of Living? Instead, provide ways you've gone above and beyond in your current role. You may also ask your manager to describe what an excellent performance looks like in your position and how you can achieve that moving forward.
If the research you've done shows that you're underpaid, Krawcheck recommends setting up a meeting with your boss. Remind them of your recent wins, and then say, "I've done some research, and it appears I'm underpaid by x percent." Then stop talking. "We always want to fill the awkward moment, but just wait," she says.
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.
That said, there are certain words and phrases that you should avoid when asking for a raise. "I Deserve a Raise Because I Have Been Here 'X' Amount of Years." ... "I Feel That?" ... "X Is Making More than Me." ... "I'm Overdue for a Raise." ... "I Will Leave if I Don't Receive a Raise of X Amount."
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.
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.
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.
