Salary Adjustment Proposal Attention CEO Business Proposal

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The qualification of Mr. Thomas will be very valuable for our company both presently and in the future. The education background of the employee is a valuable asset for our company because he has assisted our company to take some investment risks, which have paid off in the long run. The past risky investments that we have undertaken have been largely profitable for our company based on the expert financial advice from Mr. Thomas. Thus, the employee has assisted our company to enjoy higher profitability.

Comparing the current total package of a treasury specialist of our organization to other organizations of the same size, Mr. Thomas is receiving lower salary compared to other treasury specialists of the same level. Based on the aforementioned reasons, I am proposing that we should increase the total package of Mr. Thomas. The table below reveals the recommended new salary package for Mr. Thomas. Salary Increase Proposal

Employee Name: Thomas Ragmun

Position: Treasury specialist

Old Salary: $36,000 per annum

Department: Treasury.

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Salary Proposed: $50,000 per annum

Function: Finance

Amount Increased: $14,000

Requested Effective Date: 01 September, 2013

% Increased:38.88%

If my proposal is implemented, our organization will enjoy the following benefits:

First, increase of the new package for the employee will make our company to attract more qualified employees of similar competency and experience similar to the Mr. Thomas. If our company could be able to employee more people of Mr. Thomas caliber, our company will be able to achieve competitive market advantages within the financial industry, which will make us to increase market shares. The increase in market shares will assist us to attract more investor to our company.

Moreover, our company will be able to achieve both regional and international expansion because the increase in the new salary package will attract more qualified employees who will assist….....

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