Email Service Notes (Tony)

Demo StudentJoan

Your Original Email

Background:
1. Merit increases for transferred employees
To insure the transferred employees’ total compensation and benefits are same with before, we suggest to having their annual merit increase on Feb. as usual.
2. Merit increase for new hire employees
The new hire employees who joined company before Oct. 2018 worked about half a year on Feb. 2019. If they can’t have a merit increase on Feb. 2019, next merit increase should be on Feb. 2020, about one and a half year later for them.That is not conducive to employee motivation.

Reference:
1. China Finance Companies’ actual salary increase is 6% in 2018—Towers Watson’s information
2. According to the transferred employees’ last year’s salary increase guideline which indicates the minimum is 1%, maximum is 14%, average is 8%. —transferred employees’ salary information
3. The budget for merit is 10%, with the amount of RMB 0.5 millions.

Proposal:
Proposal a 8%Merit increase budget.
The merit increase budget RMB 0.5 millions will be used from Feb. 2019 to Dec. 2019(include double salary of Dec)

Your Edited Email

Background:
1. Merit increases for transferred employees
To insure the transferred employees’ total compensation and benefits are same with before, we suggest to having their annual merit increase on Feb. as usual.
2. Merit increase for new hire employees
The new hire employees who joined the company before Oct. 2018 worked about half a year on Feb. 2019. If they can’t have a merit increase by Feb. 2019, the next merit increase should be on Feb. 2020, about one and a half year later for them.That is not conducive to employee motivation.

Reference:
1. China Finance Companies’ actual salary increase was 6% in 2018—Towers Watson’s information
2. According to the transferred employees’ last year’s salary increase guideline which indicates the minimum is 1%, maximum is 14%, average is 8%. —transferred employees’ salary information
3. The budget for merit is 10%, with the amount of RMB 0.5 millions.

Proposal:
Propose an 8%Merit budget increase .
The merit budget increase by RMB 0.5 millions will be used from Feb. 2019 to Dec. 2019(include double salary of Dec)