In this blog, we will walk through the meaning of offer letter and when it is used to send, also know the difference in the offer letter and appointment letter.
In a company, the HR manager is often required to draft and send business letters. There are a host of circumstances that will need an appropriately formatted letter. One such case is the joining of a new employee! Right after the selection of the candidate, every firm sends an offer letter to him/her. Although it is one of the common business letters, HR managers usually have many doubts related to it.
In this blog, we have included everything about the offer letter that you should know about.
Let’s dive in!!
What is an offer letter?
As mentioned earlier, offer letter is sent by organizations to selected candidates. The letter highlights all the key terms of the prospective employee’s duties and responsibilities.
Is the offer letter and appointment letter the same?
No, they are two different business letters used for two different purposes.
An offer letter is sent to a candidate to explain to him/her about the parameters of the offered position. The candidate is also asked to make a decision according to nature as well as the suitability of the job.
Now, talking about an appointment letter, it is sent to a candidate to inform that he or she has been converted into an employee and is a part of the company.
Know in Detailed: offer letter vs appointment letter
What components should be included in an offer letter?
If you do not want your new employee to be late on his or her first day, it is your duty as an HR to write the correct date and time on the offer letter format. You can also bold the date of joining and time to make it more clear.
An offer letter format without the candidate’s duties will be of no use. So, make sure that you have clearly mentioned all the responsibilities of the prospective employee. Write it in a way that he or she will understand them in one go.
Salary
This is yet another vital element of an offer letter format. Need to mention, ensure that the salary mentioned in the letter is the same your company agreed to the candidate in the interview.
Benefits
Every company offers different perks to its employees. While some provide health insurance, others offer parental leave. Whatever it may be, including such benefits in the offer letter will add more value to it.
Confidentiality & Non-Disclosure Agreement
Like benefits, this is also mostly overlooked by organizations. Confidentiality & Non-Disclosure agreements inform an individual that he or she is obliged to not disclose several sensitive data that he/she learns in the tenure of employment. This may include financial details, communications, product design, and various other internal information.
That is it!
We hope this blog helped you understand and acquire more knowledge about an offer letter.
In addition, always remember to choose a presentable and professional offer letter format to make a good impression on your new employees.
So, the next time you draft an offer letter, keep all the aforementioned points in mind and write it with utmost confidence.
Pandemic: Shifting The Needle on Performance Assessment
In this blog, we will tell you some performance management tips every company should use in the new normal. Let’s dive in.
Gratuity: The Ultimate Guide To Working Professionals
In this blog, we will tell you everything about gratuity, from the gratuity calculator to its benefits. Let’s dive in and start with the definition first.
How to choose the best performance management software for your organization?
Let’s list a few features that is required in a performance management software.
