November 22, 2013
Steve Brockner
Business Banking Manager
PNC BANK
Ritesh Katwala
4419 Shabbona Ln Lisle IL 60532
Subject: Raise in the salary
I'm grateful for the opportunity to work for PNC BANK and I enjoy doing so. I hope you'll agree that, in the 2 years I've worked for you, I've become an integral member of your team and accomplished many company goals. For example, in the last six months alone, I've
-Won the Monster achiever award two times
- Been 100% to my goal on all 6 categories
- Mentored two new employees
However, I'm still working for the initial salary on which we agreed two years ago. As I recall, we also agreed to renegotiate my salary in two years based on my accomplishments, and that time has come. In light of my accomplishments and as per our agreement, I'm respectfully requesting an immediate pay raise of six percent, to be followed in six months by a performance-based pay raise of an additional three percent.
I strongly feel that I've earned the immediate pay raise and I'm confident that I will also earn the six-month raise based on my performance. But I'm willing to negotiate, per our agreement. If you would like to meet to discuss this, please let me know. If I don't hear from you by [December 22], I will assume that you've waived off our meeting because you've agreed to my terms.
Thanks again for the opportunity. I look forward to continuing to be a key player on your team in a mutually rewarding relationship.
Sincerely,
Ritesh Katwala
Business Banker II (AVP)