In order to avoid layoffs in large numbers due to COVID-19, many companies have been compelled to reduce the salaries of their employees temporarily. In order to communicate the same, writing a formal salary deduction letter to employees due to corona is important. A salary reduction letter highlights the conditions for reduction in salary. A salary deduction letter to employee due to COVID-19 has to be precise and complete. There are different samples for salary reduction letter due to COVID-19 (Coronavirus) available online which can be used for your organization.
We have come up with a letter format for salary deduction due to COVID- 19. You can use this salary deduction letter template to create a customized letter for the employees of your company.
Date: December 28th, 2021
Zenith Technologies Ltd.
54, Richmond Street
London
Subject: Salary Deduction Due to COVID-19,
Dear Sam,
I am Andrew Gibs, the CEO of Zenith Technologies Ltd. I would like to refer to the meeting held on 15th December, 2020 regarding your consent on the deduction in salary from $5500 per month to $3500 per month for six months. We know that all our workers are dedicated employees and are working with utmost commitment and hard work for the growth of the organization and we are extremely thankful for all the support you have shown during these tough times.
We all know that coronavirus pandemic has affected the global economy and has brought many challenges to all of us and our businesses. As a result, many companies have been forced to deduct the employees’ salaries to avoid any kind of layoffs. Because of COVID-19, our company has suffered great losses due to the lockdown in the nation. According to the statistics, we are still sitting on heavy losses and therefore, temporary salary deductions is the only way to get over this situation.
I am extremely hopeful that all of the employees are going to cooperate with us. We are trying our levels best to bring the situation on track and that’s why these deductions are for a limited period. Once the company is able to resume the original position then you will be compensated with a good incentive. We highly appreciate your cooperation and dedication in these challenging times.
Sincerely,
Andrew Gibs
CEO
Zenith Technologies Ltd.
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