Letter of Performance
Name Mr. /Ms. ____________
Emp. No. _______________
We would like to thank you for your valuable contributions to our business performance during the year ____-____.
While fixing your new CTC, we have considered your performance in the role whilst also making market correction that may be required based on our review of compensation in comparable companies.
Your increased CTC for ____-____ effective from _______ is Rs. ________/as a settled segment of the compensation design, and Rs. _______ as a variable segment of the compensation arrange for which is connected to your execution, and Rs. _______ as a variable component of the pay plan which is linked to your performance.
You will also be paid Rs. ______ as a performance award on the basis of this assessment and that of the organization performance. The coming year is going to pose various challenges.
This (Organization Name) will request excellent execution from every one of us to support our authority commitments. We are certain that you will meet people's high expectations and accomplish advance statures
We take this opportunity to thank your family for having supported you to deliver your best in ________.
Name of the Business Leader