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An offer letter also differs from an employment agreement based on formality. During the hiring process, an offer letter is a standard pre-employment step. It communicates the employer's interest in a candidate, provided the candidate can pass the background check and other pre-employment details.
Another common proof of income is a recent offer of employment on company letterhead. This is forward-looking and indicates the salary or hourly rate. Be careful: offer letters are often conditional upon things like drug tests, which the applicant may not yet have passed. Offer letters may also have expiration dates.
Although an offer letter and an employment contract have similarities, they are very different. An offer letter has very basic terms and conditions of employment, generally subject to completion of a successful background check and/or medical exam, and states that employment is at-will.
In general, offer letters are less formal than employment contracts, which typically set terms and conditions of employment that are legally binding. It's also vital for employers to understand that they aren't required by federal law to send an offer letter to new hires.
An offer letter is both a policy document and a legal contract. The employer/company envisions certain policy which it believes should govern the organization to help it grow and flourish.
Some important details about an offer letter are: It is NOT a legally binding contract. It does NOT include promises of future employment or wages. It includes an employment at-will statement.
Some important details about an offer letter are: It is NOT a legally binding contract. It does NOT include promises of future employment or wages. It includes an employment at-will statement.
Legal Obligation of Job Offer Letter for Both Parties:The job offer letter issued by the employer to the prospective employee is considered as an affirmative acceptance issued by the employer, awaiting acceptance from the prospective employee.
Unfortunately, your boss is correct. An written offer of employment does not constitue a legal contrat unless it guaranteed your employment in some way (i.e. your compensation, etc.) for a specified period of time.