Offer Letters
Offer Letters:
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An offer letter is an official confirmation given to the candidate from the company that they are hired to work. Then the candidate should sign the offer letter for sending it back to the firm within the given time period stating that they had accepted to work for the company by agreeing to all the terms and conditions. This is also called as letter of employment which is a formal job offer and is typically a summary of the main terms and conditions of the job offer with details of the company.
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How to use
A company's HR Manager or Manager uses an offer letter to tell a job applicant of the successful approval of his candidature. The candidate now has proof that he has been hired and will be ready to begin work and receive the relevant benefits according to the terms and circumstances mentioned therein.
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How to create
Job offer letters are written on the employer's letterhead and signed by the Management or HR manager to hire the candidate. A Company’s stamp or trademark frequently mentioned to lend formality and importance to the offer letter. If the candidate accepts the position, they must sign and submit a copy of the letter to the company to accept the job offer.
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Benefits of Offer Letter:
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Detailed Information
It provides information about the job role, compensation and benefits, and other conditions of employment.
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Employer Relationship
It marks the beginning of a positive employment relationship.
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Expectations
It sets the right expectations.
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Authentic proof
It acts as a legal document
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Details required:
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Job title
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Position type (full-time, part-time)
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Reporting structure
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Starting date of employment
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Salary
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Bonuses
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Employee contract and/or at-will employment status
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Contingencies
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Acknowledgment of offer and confirmation of acceptance
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