Have you ever been in a situation when you feel like your hard work and dedication aren’t paying off? Have you ever received a salary increment that’s so low it’s almost insulting? If so, it can be tough to stay motivated and continue giving your all at work. That’s why today we’re talking about Resignation Letter Due To Low Salary Increment. It’s an uncomfortable topic, but it’s something that needs to be addressed if you’re feeling undervalued at work. In this article, you’ll find examples of resignation letters due to low salary increment that you can use as a starting point. Feel free to edit them as needed to fit your specific situation. So, take a deep breath and let’s tackle this sensitive topic together.
Best Structure for Resignation Letter Due To Low Salary Increment
Resignation is a difficult decision, especially when it is due to low salary increment. Writing a resignation letter can be challenging, but following the best structure can make the task easier. Here are some tips on how to structure your resignation letter due to low salary increment:
1. Opening Paragraph: Start your resignation letter by stating your intention to resign. Be clear and concise in your message to avoid any confusion. Mention the date you plan to leave, as per the company policy, in the opening paragraph. Make sure to thank the organization for the opportunity to be a part of the team, as this will leave a positive impression.
2. Second Paragraph: Give a brief explanation of why you are resigning. In this case, mention that one of the reasons for your decision is the low salary increment. However, do not be negative about the organization or your colleagues. It is important to maintain a professional tone.
3. Third Paragraph: Share your experiences and achievements during your tenure. Highlight your contributions to the organization and the skills you have gained. This will help maintain a positive relationship with your employer for future references and networking.
4. Fourth Paragraph: Show your willingness to assist in the transition process. Offer to train your replacement or help to complete any unfinished projects. It is also a good idea to leave your contact details for future communication.
5. Closing Paragraph: End your resignation letter on a positive note. Thank the organization again and express your gratitude for the opportunity to work with them. Remember to stay professional, even if your decision to resign was a result of a low salary increment.
Following the above structure will make your resignation letter coherent and professional. Keep in mind that the purpose of a resignation letter is to maintain a cordial relationship with the organization, even after you leave.
Resignation Letter Due to Low Salary Increment
Sample 1: Dissatisfaction about Salary Increment
Dear [Manager’s Name],
I hope this letter finds you well. It is with regret that I am writing to inform you of my decision to resign from my position as [Job Title]. After careful consideration, I have come to the difficult conclusion that I must resign from my role due to the low salary increment allocated to me.
Although I have enjoyed working with your team and have achieved excellent results, I feel that my salary is not commensurate with the responsibilities that I have taken on. Even after several attempts to negotiate a better compensation package, I didn’t get any positive response from the company’s side.
It has been an absolute privilege working for such a reputable company and I will take the lessons learned with me as I progress in my career. Thank you for the valuable support and guidance during my time with the organization.
Yours sincerely,
[Your Name]
Sample 2: Career Advancement
Dear [Manager’s Name],
It is with mixed emotions that I am writing to you to tender my resignation from the position of [Job Title]. I have enjoyed my time with the company and appreciate all the opportunities given to me. However, the reason for my resignation is the low salary increment that I received which directly affects my concrete career growth.
I have come to the realization that the company’s salary structure does not support career advancement and does not give value to high performers. In my current salary package, I do not see a future for me to grow within the company. As I seek for new opportunities, I am hoping to find a company that is invested in employees’ career growth and development.
It is with a heavy heart that I say goodbye and I wish the company all the best in its future endeavors.
Sincerely,
[Your Name]
Sample 3: Financial Distress
Dear [Manager’s Name],
I am writing this letter to notify you of my resignation from the position of [Job Title]. Unfortunately, this decision has been brought about by the low salary increment that I have received in the recent past which has led me to experience great financial distress.
Recently, I have been grappling with bills and other financial obligations since my salary has remained stagnant whilst there has been an upsurge in the cost of living. This has made it difficult for me to focus and be productive in my role as it has affected my morale, concentration and work performance.
It is with great sadness that I have to leave the company, but I hope that you can understand the predicament I am currently facing. I want to thank you for providing me with a chance to learn, grow and contribute my skills to the success of the organization.
Sincerely,
[Your Name]
Sample 4: Seeking Better Opportunities
Dear [Manager’s Name],
It is with regret that I submit my resignation from the position of [Job Title]. Although I have enjoyed my time working with you and your team, I feel that I have to seek better opportunities due to the low salary increment that has been assigned to me.
I have been with the company for quite some time, and throughout my tenure here, I have been offered limited increment (2-3%) even after performing exceptionally in all aspects of my job. Despite considering my request for a pay rise, I haven’t been able to achieve my desired growth in the company. Therefore, in order to secure my financial future and career progression, I have made the decision to move on.
I would like to take this opportunity to express my thanks for everything that you and the company have done for me. It has been an amazing learning experience working with such a wonderful team.
Best Regards,
[Your Name]
Sample 5: Job Responsibility
Dear [Manager’s Name],
I hope this letter finds you well. I would like to inform you that I am resigning from my position as [Job Title]. My decision to leave the company arises from the low salary increment that I have received in the past year and the additional job responsibilities that have been assigned without any remuneration increase.
Due to the ongoing economic crisis, my financial situation has become challenging. Unfortunately, the salary offered is not enough for me to continue as a valuable employee and meet my obligations. I believe that a salary increase would reflect the company’s recognition of my contributions and commitment to the organization but unfortunately, that hasn’t happened. As a result of such discrepancies in my salary and work-load, it has become increasingly difficult for me to balance my life both personally and professionally.
Thank you for the opportunity to be part of such a great team. I appreciate the support and guidance you have provided, and if there is anything I can do to help make this transition process smoother, please let me know.
Sincerely,
[Your Name]
Sample 6: Dissatisfaction with Performance-based Appraisals
Dear [Manager’s Name],
It is with a heavy heart that I am writing today to tender my resignation from my role as [Job Title]. As you are well aware, our company has a performance-based appraisal system that determines the salary increment. However, I have come to realize that the system is not in line with the market standards and is biased in favor of certain employees. This has resulted in a low salary increment for me over the past few years.
The lack of transparency and fairness in the salary increment process has led to me feeling undervalued and underappreciated. I have been exploring alternative job opportunities, and I have received an offer with a salary increase of more than 35% from what is currently being offered to me.
I am grateful for the opportunity to have worked for such a reputable company and have been able to learn so much but, unfortunately, it is time to move on for the betterment of my career. I hope that the organization will address the current situation and ensure a fair distribution of salary across all employees.
Best Regards,
[Your Name]
Sample 7: Lack of Compensation Benefits
Dear [Manager’s Name],
With a heavy heart, I must inform you that I wish to tender my resignation from my position as [Job Title]. The primary reason for leaving is the unsatisfactory salary increment provided that doesn’t cover for my cost of living and lack of additional compensation benefits that could support employee’s growth within the company.
As I have reflected on my financial and personal situation, I had to take into consideration the significant cost of living, commuting to work, and medical insurance that I have to pay out of my own pocket. In addition, the lack of compensation benefits such as training, professional development, and health care benefits has become increasingly important to me. Unfortunately, I have been unable to secure additional benefits after numerous discussions with my supervisors and the management team.
Please know how much I have enjoyed being part of such a vibrant team, and for all your support and engagement. I have learned so much from my colleagues and had hoped to grow along with the company. Nevertheless, it has become evident that the company’s compensation package does not align with my needs and priorities at this time.
Sincerely,
[Your Name]
Resignation Letter Due To Low Salary Increment: Tips to Keep in Mind
A resignation letter due to a low salary increment can be a tricky thing to write. You don’t want to burn bridges and ruin your relationship with your employer. At the same time, you want to make sure that you are being paid fairly for your work. Here are some tips to keep in mind when writing a resignation letter due to low salary increment:
- Be professional: Your resignation letter should be professional in tone and style. Avoid emotional language and anything that might be construed as an insult. Thank your employer for the opportunity to work for the company, and express appreciation for the experience.
- Keep it brief: Your resignation letter should be brief and to the point. Don’t go into too much detail about your reasons for leaving or the salary issues you have experienced. Stick to the facts, and keep it concise.
- Give notice: It is common practice to give two weeks’ notice when resigning from a job. This will give your employer time to find a replacement for you and ensure a smooth transition.
- Be honest: It is important to be honest about your reasons for leaving. Let your employer know that you are leaving because you feel that you are not being paid fairly for your work. This will give them a chance to address the issue and potentially offer you a raise to stay.
- Leave on good terms: Even if you are leaving because of a salary issue, it is important to leave on good terms with your employer. You never know when you might need a reference or a former colleague’s help in the future. Thank them for the opportunity to work with the company, and express your hope for continued business success.
Writing a resignation letter can be difficult, especially if you are leaving because of a low salary increment. By keeping these tips in mind, you can ensure that your resignation letter is professional, honest, and straightforward, while still maintaining a good relationship with your employer.
FAQs related to Resignation Letter Due To Low Salary Increment
What should I include in my resignation letter due to low salary increment?
In your resignation letter, you should mention the reason for resigning which, in this case, is low salary increment. You can mention the specific amount of increment you were expecting and your disappointment in not receiving it.
When should I submit my resignation letter?
You should submit your resignation letter after discussing the matter with your supervisor and HR department. Give them enough time to find a replacement and make a smooth transition. It’s best to submit your resignation letter at least two weeks before your last day.
Do I need to mention the specific reason for resigning in my letter?
It’s not compulsory to mention the specific reason for resigning in your letter, but it’s better to be honest and upfront. Being transparent with your reason for resigning can help build trust and credibility with your employer.
Can I negotiate with my employer for a higher increment before resigning?
Yes, you can negotiate with your employer for a higher increment before resigning. But be prepared for the possibility that they might not be able to give you the amount you want. If their offer is still not satisfactory, you can decide to resign.
Can I ask for a reference from my employer after resigning for low salary increment?
Yes, you can ask for a reference from your employer even if you resigned due to low salary increment. If you had a good working relationship with your employer, it’s likely they will give you a reference. It’s always better to ask before assuming they won’t give you one.
What should I do if my employer gives me a counteroffer after resigning for low salary increment?
If your employer gives you a counteroffer after you have already resigned for low salary increment, you will need to weigh your options carefully. Consider if their counteroffer meets your expectations and if you want to stay with the company, but remember the reason you resigned in the first place. If you decide to stay, make sure all terms and conditions are clearly stated in writing.
How should I communicate my resignation to my coworkers?
You can choose to communicate your resignation to your coworkers in person or through a group email. Be professional and gracious in your communication, thanking them for the positive working relationship you have shared. Don’t badmouth the company and avoid discussing the reasons for your resignation in detail.
Wrap it up!
Well, that’s it for today. It’s been a pleasure sharing my thoughts with you regarding the resignation letter due to low salary increment. I hope you found this article helpful and relatable. Remember, it’s essential to be paid a fair wage for the work we do. It’s nothing to be ashamed of, and it certainly doesn’t make us greedy. Thank you so much for taking the time to read. Do come back for more updates and information. Have a great day!