Free Salary Freeze Notice HR Template
Salary Freeze Notice
To: Anna Healy
Employee ID: 220-65-520
Department: Graphic Design
Date: December 20, 2054
Dear Ms. Healy,
I hope this message finds you well. We appreciate your dedication and commitment to [Your Company Name] and want to keep you informed about an important decision that affects our organization and its employees.
In light of recent economic challenges and the evolving business landscape, we find it necessary to implement certain measures to ensure the stability and sustainability of our company. One of these measures includes a temporary salary freeze.
Effective January 1, 2055, there will be a temporary freeze on salary increases for all employees at [Your Company Name]. This decision has been made after careful consideration and with the aim of preserving jobs and maintaining the financial health of our organization during these challenging times.
Key Details of the Salary Freeze:
Duration:
|
Effective Date |
January 1, 2055 |
|
Duration |
18 months |
|
Review Periods |
The salary freeze will be reviewed every six months, with the first review scheduled for July 1, 2055 |
|
Expected End Date |
June 30, 2056 |
However, the duration of the freeze may be subject to change based on the evolving business conditions and will be reviewed periodically.
Impact:
During the salary freeze period, there will be no salary increases, including annual raises, promotions, or adjustments related to performance evaluations.
Benefits and Other Terms
The salary freeze will not affect other employment benefits, such as health insurance, retirement plans, or any other contractual terms and conditions. All existing employee benefits will remain unchanged.
Future Updates
We will closely monitor the economic situation and reassess the need for the salary freeze as circumstances evolve. Any updates or changes to this policy will be communicated to employees in a timely manner.
We understand that this news may be disappointing, and we sincerely value your contributions to our company. Please know that we remain committed to supporting our employees and will continue to explore opportunities to restore normal salary practices as soon as it becomes feasible.
If you have any questions or concerns regarding the salary freeze or its impact, please do not hesitate to reach out to us at [Your Company Number]. We are here to provide assistance and address any inquiries you may have.
We appreciate your understanding and cooperation during these challenging times. Your dedication and resilience are vital to our collective success, and we look forward to better days ahead.
Thank you for being a valuable member of the [Your Company Name] team.
Sincerely,
[Your Name]
HR Manager
[Your Company Name]
