A Letter of Promotion is an official way to inform an employee that they have been promoted to a new position within the same company, as discussed with their manager or employer. The Promotion Letter is also an opportunity for the employer to congratulate the employee on their promotion and thank them for their growth within the organization.
A Promotion Letter outlines new responsibilities, formalizes pay changes. Many promotions include a pay raise, and you should always document such raises in writing.
Akrivia HCM ‘s Payroll Software aids in making smooth changes to the payroll structure after employees get promoted, helping organizations comply with all statutory requirements.
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