Date: Datehgdfkdj

Date: Datehgdfkdj

LETTER OF PERFORMANCE (INCREMENT)

To, Employee Name>

<Employee Code>

Dear <Employee Name>,

Congratulations on your Performance!

In recognition of this achievement you are being awarded with an appraisal of Rs. ______/- with effect from April 1st, 2017. Your Gross Salary is: ______

Your designation is <Designation post appraisal>

There is no change to any of your other employment terms and conditions.

We wish to place on record our deep appreciation of your contributions. The company is poised for significant growth in the coming months and to achieve our growth plans, we look forward to an even higher level of contribution from you in the future

Appraisal Amount:

·  The revised compensation package mentioned below in the Annexure has been customized for you taking into consideration your performance, company policies and related factors and is effective April 1st 2017.

Confidentiality:

·  Matter of your compensation is confidential information of the company. Any discussion or disclosure of your compensation with anybody other than your departmental head or HR will be considered as breach of agreement by you. Your compensation package is unique to you and not for comparison with other employees of the company.

All the other terms and conditions remain unchanged as per the Company Policy.

**Please note that below structure is subject to change in lieu to change in company policy and income tax rules. All benefits are as per company policy, which are subject to change from time to time**

Wish you all the success!!

For Woven Fabric Company

AUTHORIZED SIGNATORY

Structure for Year FY 2017 – 2018: