An offer letter is a formal document extending a job offer to a candidate, outlining the terms and conditions of employment. It typically includes details such as job title, start date, salary, benefits, working hours, reporting structure, and any other relevant terms. The offer letter serves as a formal confirmation of the verbal job offer and provides candidates with all necessary information to make an informed decision about accepting the position. It also sets clear expectations for the new hire.
For employers, the offer letter is a crucial step in the hiring process as it formalizes the offer and initiates the onboarding process. Candidates are advised to review the offer letter carefully and may negotiate terms if necessary before accepting the offer. A well-drafted offer letter ensures transparency, reduces misunderstandings, and lays the foundation for a positive employment relationship.
You may also be interested in learning about these terms:
Offer Letter
Job Offer
Negotiation
