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You are here: Home / Letter Writing / Business Letter / Salary Reduction Letter

Salary Reduction Letter

Posted By Compulsory English Leave a Comment

Mac Group of Companies

714 Buck Drive

Cottonwood city

Utah 1453

5th June 2020

Jose W Doyle

3116 Ryan Road

Colman city

South Dakota 5623

Sub: Notification of Salary Reduction

Dear Jose,

I refer to our meeting on 1st June 2020 about whether you would be willing to agree to a salary reduction of $500 per month.

As discussed, the company is experiencing a significant downturn in business due to the suspend of our 7 projects. In response, we are putting in place a temporary reduced pay arrangement to avoid layoffs.

If we do not obtain sufficient employee participation in the salary reduction program, we will have no option but to consider instituting a redundancy program that may result in temporary employee layoffs.

If you have any further questions regarding this matter, please contact our company Cheif Accountant, Ms. Cristina M Marshall.

Sincerely,

Mac Group of Companies

HR Department

Signature

Filed Under: Business Letter, Letter Writing

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