While retaining employees should we collect the copy of offer letter issued by the new employer for filing purpose? Can this be made as HR policy in IT Company?
From India, Madras
From India, Madras
HR policies are generally what you set up, subject to not violating local laws and, of course, following some rules of natural justice, fairness, and best practices. The practice of keeping a copy of an offer letter against which you have made a counteroffer does not violate any laws, is not unfair, nor runs counter to any best practices. So, I don't see why anyone should have an objection.
On the other hand, it makes eminent sense to have a copy of an important document for future reference and for any HR audit you may be facing. You need to ensure the document is confidential, with access restrictions, and not misused.
From India, Mumbai
On the other hand, it makes eminent sense to have a copy of an important document for future reference and for any HR audit you may be facing. You need to ensure the document is confidential, with access restrictions, and not misused.
From India, Mumbai
To collect offer letters supposedly issued by new employers to reduce attrition would serve no purpose and would be counterproductive. Would the company consider compensating the increase in that offer letter? Otherwise, the employee would decline to give a copy of the offer letter. The employees would compete with one another to produce such letters every month.
Regards,
M. Venkatraghavan
From India, Selam
Regards,
M. Venkatraghavan
From India, Selam
CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.