With time, changes are made in Company’s Policies depending upon the need of the hour. Some policies are modified and some new policies are introduced in order to make sure that everything functions with discipline and smoothness.
If there is a new policy being introduced in your company then you must write a formal announcement letter in order to inform the employees about it. This is extremely important in order to keep them updated with the changes so that they can work in accordance with the company rules. Here is a format example of the announcement letter for new policy given below which you can use to create your own letter.
Example of Announcement Letter for New Policy
From:
Management
XYZ Development Bank
42 Richmond Street,
New York
Date: 27th June, 2016
To,
All Employees,
XYZ Development Bank
Sub: Announcement of New Policy
This is to inform all the employees that company has decided to change its policy with regards to the late comers and this will be effective from 1st July, 2016. The Management has decided to impose a fine of 5% of the salary on all those employees who fail to report at work on time for more than three times in a month. Earlier the company used to impose a standard fine of $ 50 as fine.
In last couple of months, we have noticed that there has been a serious increment in the number of employees reporting late to work. This is a serious issue and demands a quick action to make sure that everyone reports to work on time.
As the employee arrives late at work, the working and overall productivity of the company gets adversely affected. If the employees come on time, we are able to meet the man hours and also our targets.
As a part of Company Policy, everyone is required to abide by this new policy. We are hopeful that with this amendment, we will have reduction in the numbers of late comers. Let us all work towards the growth of our company.
Regards,
Management
XYZ Development Bank
Given Below are a Few Sample Announcement Letter for a Clearer Ideas:
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