Denial Of Request For Salary Increase

Dear

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 this
company to review all employee benefits and compensation
in [month], 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.

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