You may want to keep this Refusal of Employee Request for Early Raise sample letter on hand specifically for those ambitious employees that may
jump the gun on getting paid a bit more.
They've been putting in long, arduous hours, much appreciated overtime, and their overall performance is simply top-notch. And they know it!
Now, they want to cash in on that hardwork...literally!
Problem is, the budget won't allow for any changes in pay for at least another 4 months.
You will want to commend your worker-bee but explain to them clearly that a raise isn't possile at the moment.
Let them know that you appreciate their work ethic and encourage their ambitious spirit, but inform them that it is too early to request a raise.
A nice closer idea, encourage your enthusiastic employee to continue the hard work and ask again for a raise in a few months.
Although the company appreciates all that you have pointed out in your letter, we do not believe a raise is in order at this time.
It is the custom of Chambers & Associates to review all employee benefits and compensation in July, at the end of the fiscal year.
Certainly, at that time you will be considered for a salary increase, providing the production figures for your division are significantly increased.