Dear @if(!is_null($name_prefix)) {{ $name_prefix }} @elseif($sex == 'M') {{ "Mr." }} @elseif($sex == 'F') {{ "Ms." }} @endif

Pursuant to national Budget Circular No. 594 dated August 12, 2024 implementing Executive Order No. 64 dated August 2, 2024, your salary is hereby adjusted effective {{ $effectivity_date }} as follows:

1. Adjusted monthly basic salary effective {{ $effectivity_date }}, under the new Salary Schedule; SG: {{ $new_salary_grade }}, Step: {{ $new_salary_grade_step }}	₱ {{ number_format($new_salary_grade_rate, 2) }} ({!! number_format(($new_salary_grade_rate*12), 2) !!} p.a.)
2. Actual monthly basic salary as of {{ $m_basic_salary_date }} SG: {{ $current_salary_grade }}, Step: {{ $current_salary_grade_step }}	₱ {{ number_format($current_salary_grade_rate, 2) }} ({!! number_format(($current_salary_grade_rate*12), 2) !!} p.a.)
3. Monthly salary adjustment effective: {{ $effectivity_date }} (1-2)	₱ {!! number_format(abs($new_salary_grade_rate-$current_salary_grade_rate), 2) !!}

It is understood that this salary adjustment is subject to review and post-audit, and to appropriate re-adjustment and refund if found not in order.