Offer Letter w/ Total Compensation Information
Dear [Candidate First Name], We are pleased to extend this offer of employment to you for the position of [Job Title] at [Company Name]. We believe that your skills, experience, and professional background make you an excellent fit for our team. Please read this information carefully. You will find a comprehensive breakdown of your potential earnings on page 2 of your offer letter. If there is a specific benefit that you’d like to discuss in detail, please do not hesitate to reach out. • [Position Title] • Start date: [Start Date]. • Reports to: [Manager Name / Manager Title] • This position is an [Exempt/Non-Exempt] role If this offer is accepted, your starting annual salary will be [Annual Salary] to be paid in [Monthly / Semi-Monthly / Bi-Weekly] increments of [Per Pay Period Amount], less applicable taxes and deductions. In addition to your annual salary, [Company Name] offers a comprehensive benefits program to all its employees. You will be eligible for [List of benefits] benefits the [waiting period]. You will also be eligible to participate in the 401(k) plan beginning [401(k) eligibility date]. This offer of employment is contingent upon successful completion of: • Pre-employment testing, including a background check and routine drug screen • Acknowledgement and signature of this offer letter • Acknowledgement and signature of [Company Name] Confidentiality/Non-Compete Agreement • Ability to provide proof of employment eligibility in accordance with the Immigration Control and Reform Act of 1986. [Candidate First Name], we sincerely hope that this offer meets with your acceptance. We believe [Company Name] is an exceptional organization that will provide you with [Employee Value Proposition]. If you have any questions concerning the content of this offer, please do not hesitate to call me at [Contact Information] Regards, [Your Name] [Your Title] [Company Name] Agreed and Accepted By: _________________________________________ _______________________________________ Signature Date 1
Direct Compensation Compensation Paid Time Off Annual Salary Vacation Bonus* Company Holidays Total Compensation Total Paid Time Off Indirect Compensation Benefits (Insurance) Benefits (Mandated) Medical Social Security Dental Medicare Tax Vision FUTA Life Insurance Total Mandated Long-Term Disability HSA Contributions Total Insurance Benefits (Retirement) Standard Match Additional Match Total Retirement *Bonus Information can be added here; example text includes: bonus is contingent upon meeting specific performance metrics and achieving predefined goals, which will be outlined in detail upon commencement of your employment. 2