Dear [ ]
RE: [YEAR] ANNUAL PAY REVIEW
As you aware, the Company undertakes to review salaries once a year on [date].
As a result of this year`s review the Company has decided to [increase] [make no change to] your current salary. Therefore, with effect from [date] your salary will [be] [remain at] [amount] per [annum] [equivalent to a pay rise of [x] %].
The Company`s decision is a reflection of the fact that [insert the basis for your decision]
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