Employers can reject a candidate for one position and offer them something else with this sample letter.
Free to download and print.
Dear {Name},
I'm sorry to inform you that we must reject your request for a pay raise at this time due to {reason.}
However, we don't want to lose you. Your hard work and expertise are truly appreciated. While we cannot show our appreciation in a monetary sense at this time, we'd like to offer you {stocks/equity/promotion/title change/etc.}.
We make this offer in good faith and hope for mutual recognition that we are all on the same team here.
Sincerely,
{Name}
