Crafting a compelling salary increase request letter is crucial for demonstrating your value to the company and justifying your need for higher compensation. Simply stating you want more money is rarely effective. Instead, you must present a clear and concise argument highlighting your accomplishments, contributions, and the increased responsibilities you’ve taken on since your last salary review. A well-written letter provides documentation of your performance and serves as a formal record of your request.
The following samples provide a starting point for writing your own salary increase letter. Remember to tailor each template to your specific situation, quantifying your achievements whenever possible. Focus on how your work has directly benefited the company, whether through increased revenue, cost savings, or improved efficiency. Research industry standards for your role and experience level to support your salary expectations and demonstrate that your request is reasonable.
14 Sample Salary Increase Request Letters
Sample 1: Focus on Recent Accomplishments
[Your Name]
[Your Address]
[Your Phone Number]
[Your Email Address]
[Date]
[Manager’s Name]
[Manager’s Title]
[Company Name]
[Company Address]
Dear [Manager’s Name],
I am writing to formally request a review of my current salary. Since my last performance review [Date], I have consistently exceeded expectations and made significant contributions to the team. Specifically, I increased sales by 15% in Q3 and successfully implemented a new CRM system that has improved efficiency by 20%.
I am confident that my skills and dedication continue to benefit the company, and I am requesting a salary increase that reflects my value. I have researched industry standards for similar roles and experience levels and believe a salary in the range of [Desired Salary Range] is appropriate. I am eager to discuss my performance and future contributions in more detail.
Thank you for your time and consideration.
Sincerely,
[Your Name]
Sample 2: Highlighting Increased Responsibilities
[Your Name]
[Your Address]
[Your Phone Number]
[Your Email Address]
[Date]
[Manager’s Name]
[Manager’s Title]
[Company Name]
[Company Address]
Dear [Manager’s Name],
I am writing to request a review of my current salary. Over the past [Time Period], I have taken on significant new responsibilities, including leading the [Project Name] project and mentoring new team members. These additions have expanded my role beyond the original job description for my position.
I am committed to my growth within the company and believe that my increased responsibilities warrant a salary increase. My current salary is [Current Salary] and I am requesting a salary of [Desired Salary], which I believe is commensurate with my current responsibilities and contributions.
Thank you for your time and consideration.
Sincerely,
[Your Name]
Sample 3: Quantifying Achievements and ROI
[Your Name]
[Your Address]
[Your Phone Number]
[Your Email Address]
[Date]
[Manager’s Name]
[Manager’s Title]
[Company Name]
[Company Address]
Dear [Manager’s Name],
I am writing to formally request a salary review. Since my last salary increase, I have consistently delivered results that have directly benefited the company’s bottom line. For example, I negotiated a new vendor contract that resulted in a 10% cost reduction, saving the company [Dollar Amount] annually. I also developed a new marketing campaign that increased leads by 25%.
I am confident that my contributions have provided a significant return on investment for the company. I have researched comparable salaries within the industry and believe a salary of [Desired Salary] is appropriate for my skills, experience, and proven track record. I welcome the opportunity to discuss this further.
Thank you for your time and consideration.
Sincerely,
[Your Name]
Sample 4: Focus on Skill Development and Increased Value
[Your Name]
[Your Address]
[Your Phone Number]
[Your Email Address]
[Date]
[Manager’s Name]
[Manager’s Title]
[Company Name]
[Company Address]
Dear [Manager’s Name],
I am writing to formally request a review of my salary. In the past year, I have actively worked to expand my skill set and increase my value to the company. I have completed [Training/Certification Name], which has allowed me to take on more complex projects and improve the efficiency of [Process].
I am now able to contribute at a higher level, and I am requesting a salary increase that reflects my enhanced skills and abilities. I am seeking a salary in the range of [Desired Salary Range]. Thank you for considering my request.
Sincerely,
[Your Name]
Sample 5: Addressing a Specific Company Need
[Your Name]
[Your Address]
[Your Phone Number]
[Your Email Address]
[Date]
[Manager’s Name]
[Manager’s Title]
[Company Name]
[Company Address]
Dear [Manager’s Name],
I am writing to request a review of my current salary. I understand that the company is currently focused on [Company Goal/Challenge]. Since identifying this need, I have taken the initiative to develop a solution that [Brief Description of Solution]. This initiative is projected to [Positive Outcome, e.g., save the company X dollars, improve efficiency by Y percent].
Given the direct impact of my work on addressing this critical company need, I believe a salary increase is warranted. I am requesting a salary of [Desired Salary], which I believe is aligned with the value I bring to the company. I am available to discuss this further at your convenience.
Sincerely,
[Your Name]
Sample 6: Expressing Long-Term Commitment
[Your Name]
[Your Address]
[Your Phone Number]
[Your Email Address]
[Date]
[Manager’s Name]
[Manager’s Title]
[Company Name]
[Company Address]
Dear [Manager’s Name],
I am writing to request a review of my current salary. I am highly committed to my long-term career with [Company Name] and believe that my contributions over the past [Number] years have significantly benefited the team. I’ve consistently received positive performance reviews, and I am always eager to take on new challenges.
I would like to discuss my current compensation and how it aligns with my increasing value to the organization. I am seeking a salary in the range of [Desired Salary Range] and believe this is a reasonable request considering my dedication and experience. I am confident that I will continue to be a valuable asset to the company for many years to come.
Sincerely,
[Your Name]
Sample 7: After a Successful Project Completion
[Your Name]
[Your Address]
[Your Phone Number]
[Your Email Address]
[Date]
[Manager’s Name]
[Manager’s Title]
[Company Name]
[Company Address]
Dear [Manager’s Name],
I am writing to request a review of my salary following the successful completion of the [Project Name] project. As the [Your Role] on the project, I was responsible for [Key Responsibilities]. The project was completed on time and within budget, and it has already yielded positive results for the company.
My efforts were crucial to the project’s success, and I believe a salary increase is warranted to reflect my contributions. I am requesting a salary of [Desired Salary] and am eager to continue contributing to the company’s success.
Sincerely,
[Your Name]
Sample 8: Based on Market Research
[Your Name]
[Your Address]
[Your Phone Number]
[Your Email Address]
[Date]
[Manager’s Name]
[Manager’s Title]
[Company Name]
[Company Address]
Dear [Manager’s Name],
I am writing to request a review of my current salary. Based on recent market research for similar roles with my experience and skill set in [Location/Industry], I have found that the average salary range is [Salary Range]. My current salary is [Current Salary], which is below the market average.
I am confident in my value to the company and believe a salary adjustment to align with market standards is appropriate. I am seeking a salary of [Desired Salary] and am available to discuss this further at your convenience.
Sincerely,
[Your Name]
Sample 9: After Receiving a Positive Performance Review
[Your Name]
[Your Address]
[Your Phone Number]
[Your Email Address]
[Date]
[Manager’s Name]
[Manager’s Title]
[Company Name]
[Company Address]
Dear [Manager’s Name],
Following my recent performance review, in which I received a rating of [Rating], I am writing to formally request a review of my current salary. I appreciate the positive feedback and the recognition of my contributions to the team.
I am committed to continuous improvement and continued success within the company. I am requesting a salary increase that reflects my performance and contributions. My desired salary is [Desired Salary]. Thank you for your time and consideration.
Sincerely,
[Your Name]
Sample 10: Due to Inflation and Cost of Living Increases
[Your Name]
[Your Address]
[Your Phone Number]
[Your Email Address]
[Date]
[Manager’s Name]
[Manager’s Title]
[Company Name]
[Company Address]
Dear [Manager’s Name],
I am writing to request a review of my current salary. With the recent significant increases in the cost of living and inflation, I am requesting a salary adjustment to maintain my current standard of living and ensure my financial well-being.
I am a dedicated and valuable member of the team, and I am confident that I will continue to contribute to the company’s success. I am seeking a salary increase of [Percentage or specific dollar amount]. I’d appreciate the opportunity to discuss this further.
Sincerely,
[Your Name]
Sample 11: Offering to Take on More Challenging Projects
[Your Name]
[Your Address]
[Your Phone Number]
[Your Email Address]
[Date]
[Manager’s Name]
[Manager’s Title]
[Company Name]
[Company Address]
Dear [Manager’s Name],
I am writing to request a review of my current salary. I am eager to continue to grow and develop within the company and am actively seeking opportunities to take on more challenging projects and responsibilities. I am particularly interested in contributing to [Specific area or project].
I am confident that I can successfully handle these increased responsibilities and further contribute to the company’s success. I am requesting a salary increase that reflects my willingness to take on new challenges and my commitment to the company’s growth. I am seeking a salary of [Desired Salary].
Sincerely,
[Your Name]
Sample 12: After a Company-Wide Salary Freeze
[Your Name]
[Your Address]
[Your Phone Number]
[Your Email Address]
[Date]
[Manager’s Name]
[Manager’s Title]
[Company Name]
[Company Address]
Dear [Manager’s Name],
Following the company-wide salary freeze, I am writing to request a review of my current salary. During the period of the freeze, I continued to exceed expectations and contribute significantly to the team. I successfully [Mention specific accomplishments during the freeze].
Now that the freeze has been lifted, I believe it is an appropriate time to revisit my compensation. I am requesting a salary increase to reflect my performance and contributions during the freeze. I am seeking a salary of [Desired Salary]. I am eager to schedule a meeting to discuss this further.
Sincerely,
[Your Name]
Sample 13: Focusing on Retention and Avoiding Job Offers
[Your Name]
[Your Address]
[Your Phone Number]
[Your Email Address]
[Date]
[Manager’s Name]
[Manager’s Title]
[Company Name]
[Company Address]
Dear [Manager’s Name],
I am writing to request a review of my current salary. I am very happy with my role at [Company Name] and value the opportunities I have been given here. However, I have recently been approached with a job offer from another company that includes a significantly higher salary.
My preference is to remain at [Company Name]. I am confident in my contributions and believe a salary adjustment would make me a sustainable and invaluable long-term team member. My current salary is [Current Salary], and the offer is [Salary of offer]. I would be seeking at least something comparative. I’m available to discuss this.
Sincerely,
[Your Name]
Sample 14: For Executive Positions
[Your Name]
[Your Address]
[Your Phone Number]
[Your Email Address]
[Date]
[Board of Directors/CEO Name]
[Title]
[Company Name]
[Company Address]
Dear [Board of Directors/CEO Name],
I am writing to formally request a review of my compensation package. As [Your Executive Title], I have been instrumental in [List key achievements and contributions to the company’s overall success, focusing on strategic initiatives, revenue growth, market share, etc.]. Specifically, I have led the company to [mention concrete results, e.g., a 20% increase in market share, successful acquisition of X company, etc.].
Given my leadership role and the significant impact I have had on the company’s performance, I believe a review of my current compensation is warranted. My current salary is [Current Salary], and I am seeking an increase to [Desired Salary], along with adjustments to my bonus structure and equity options to better align with my contributions and industry standards for executive positions of this nature.
I am available to discuss this further with you and the relevant members of the board. I look forward to your response.
Sincerely,
[Your Name]
Conclusion
These sample letters provide a foundation for requesting a salary increase. Remember to customize each template to reflect your individual accomplishments, responsibilities, and the specific circumstances of your situation. Quantify your achievements whenever possible, research industry standards, and present your request in a professional and confident manner. Good luck!