Adverse Action Notice
Adverse Action Notice
April 04, 2051
[Your Company Name]
[Your Company Email]
[Your Company Number]
Dear [Recipients Name],
We hope this letter finds you well. It is with regret that we must inform you of our decision to take adverse action regarding your employment status with [Your Company Name]. This decision is based on careful consideration of various factors, including but not limited to [Specific Reasons].
As an employer, we understand the significance of such decisions and the impact they may have on individuals. It is our commitment to transparency and compliance with applicable laws, including the Fair Credit Reporting Act (FCRA) that prompts us to provide you with this Adverse Action Notice.
1. Basis for Adverse Action:
After a thorough review of your performance over the past [Time Period], it has been observed that there have been consistent challenges in meeting the performance expectations outlined for your role.
2. Consumer Reporting Agency Information:
By the FCRA, the information influencing this decision was obtained from [Name of Consumer Reporting Agency]. You have the right to obtain a free copy of your consumer report from this agency within 60 days.
3. Right to Dispute:
You have the right to dispute the accuracy or completeness of any information in the consumer report that contributed to this adverse action. If you wish to dispute, please contact [Your Company Number] within 60 days.
4. Reconsideration:
If there are additional facts or circumstances you believe were not considered, please provide them in writing to [Your Company Name] within [Specific Timeframe] for reconsideration.
5. Contact Information:
Should you have any questions or require further clarification, please feel free to contact [Your Company Name] at [Your Company Email].
This notice is not intended to discourage open communication, and we value your contributions during your tenure with [Your Company Name]. We sincerely regret any hardship this decision may cause and appreciate your understanding.
Thank you for your time and cooperation.
Regards,
[Your Name]
