If you`re an employee whose contract is expiring and you believe you deserve a salary increase, it`s important to approach your employer with a well-written letter explaining your position. Here`s a sample letter for renewal of contract with salary increment that you can follow:
[Your Name]
[Your Address]
[City, State ZIP Code]
[Your Email]
[Your Phone Number]
[Today’s Date]
[Employer’s Name]
[Company Name]
[Address]
[City, State ZIP Code]
Dear [Employer’s Name],
I express my gratitude for the opportunity to continue serving at [Company Name] and am pleased to submit my request for the renewal of my contract, which expires on [Contract Expiration Date]. I appreciate the opportunity to work with an outstanding team and am proud of the accomplishments we`ve made together over the past [Contract Length].
As I hope you`re aware, I`ve worked tirelessly to ensure that I meet the company`s needs and achieve my job objectives. I have not only met but exceeded performance expectations, delivering top-quality work on time and in line with company policies and standards. During my time at [Company Name], I have been a vital member of the team, and I am confident that my contributions have had a significant impact on our success.
In light of my contributions and achievements, I firmly believe that a salary increase is deserved. I have researched the market value of my position and looked at the cost of living and inflation rates. Based on my findings, I am requesting a [Salary Increase Request] increase.
I hope that my request for a salary increase is feasible in light of the current market and company circumstances, and that you`ll agree that it is worthwhile. I would be happy to discuss my request further and provide any additional information you may require.
Thank you for your continued support and confidence in my abilities. I`m looking forward to hearing from you soon.
Sincerely,
[Your Name]
In conclusion, the above example can help you craft a compelling letter for the renewal of your contract and salary increment. Remember to provide compelling reasons why you believe you deserve a salary increase, such as having exceeded performance expectations or taking on additional responsibilities. Always be polite and professional in your approach to ensure that your employer sees you as a valuable asset to the company.