An offer letter also known as LOI or letter of intent is an invitation to join the organisation and generally contains the position,documents at the time of joining and renumeration.
The appontement letter is a valid document or you van say comtract letter which outlines the terme of agreement between the employer and employee and is a detailed document.
Please let me know your views.
Offer Letter just states that based on the your interview performance company is offering you particular position in company with a slaray breif structure....
whereas Appointment Letter states the Terms Condition & policies of the company....The benefits & compensation details as well.....
Offer Letter is not an agreement between two parties (employer and employee). The first party proposes a candidate thru HR department for the employment. Which consists of following things:
2. Compensation & Benefits
3. Location of Job
4. Date of joining
5. Type of Employment
it never states agreement between two parties. It is a proposal.
If the offered candidate interested to join with the employer, on the day of reporting employer issues Appointment letter to the employee. Which is an agreement between two parties.
It consists of:
1. Terms and Conditions of Employment
2. Non-Disc losable conditions
3. Salary break-up
and content depends on the policies of employer.
There is no question of accepting the offer by the Employer, it is Employer who offer the Offer letter to a candidate for joining the Organisation.
Usually the Offer letter is given with a tentative date of joining "On or Before" . Like the medicine has the expiry date, similarly the Offer letter also do have the expiry date.
The most of the companies are using the language like----"this offer letter is valid till................"
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