An offer letter refers to the term job offer letter whereby a hiring company lays down the various terms and conditions related to a particular job to the candidate. When a candidate clears his interview and the employer decides to hire him, the company formally welcomes the candidate in the letter and must put into writing what they are willing to offer him in return for his services. It contains various points like date of joining, designation and basic job duties, place of work, hours of work and most importantly, compensation and benefits.
This letter contains a detailed description of how much salary the candidate will receive, other perks and benefits, what will be his take-home salary besides other official details. Should a candidate agree to the terms in the offer letter, he must sign the letter or an acceptance letter and forward it to the company which would mean that he is accepting the job offer.
[Also Read: Employment Agreement]
Sample Offer Letter
A sample of the agreement can be downloaded from below.
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