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Thursday 7 January 2021

Salary Reduction Letter

LETTERHEAD

 

 

Template - Salary Reduction Letter

 

 

[Date]

 

[Employee name, job classification, Number]

[Designation]

[Address]

 

RE: Reduction of Salary

 

Dear ________,[employee Name]

 

                         In accordance with [section/Article; Policy/Contract], this is the notice by the [Company name] that, [effective start date] your salary will be reduced from old salary to new salary.

 

Salary Reduction is made to save the resources of the organization during difficult economic periods ___________________ regarding the Notice of Intent to Take a Salary Reduction (in lieu of reason) dated_____________. Reviewer ______supports the salary decrease.

 

In accordance with [Section/Article- Policy or Contract], you will be given a salary reduction for Rs.________, equivalent to [#] days without pay on [date] for [reason] as described in the Notice of Intent to Take a Salary Reduction (in lieu of a reason) dated ___________. 

 

 

You may consult [Section/Article – Policy or Contract] for your appeal rights.

 

                                         We appreciate all of your hard work, and we know we will have your support as we all strive for continued business success. Should you have any questions, please don't hesitate to speak with your manager or contact human resources.

 

 

Sincerely,

[Name of Supervisor]

[Title]

 


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