Hi,
There is no any legal requirement to declare CTC on Offer letter, it is a mutual concent between both, but if any one want on LOI, it is the employer, ehether they are ready or not. But the best way is to discuss the salary on plain paper. Recently it has been found that candidates are bargaining the salary in market, by way of producing the LOI, if CTC mentioned. In detail appointment letter, it is necessary to put the salary breakup.
rest subject to demand.
regards
arun
From India, Delhi
6There is no any legal requirement to declare CTC on Offer letter, it is a mutual concent between both, but if any one want on LOI, it is the employer, ehether they are ready or not. But the best way is to discuss the salary on plain paper. Recently it has been found that candidates are bargaining the salary in market, by way of producing the LOI, if CTC mentioned. In detail appointment letter, it is necessary to put the salary breakup.
rest subject to demand.
regards
arun
From India, Delhi
Hi All,
Let me give you some details info. about salary break up before joining any organisation. As you might not be familier with salary structure of your future organisation. Make it clear that you must ask salary breakup for your future employer. This will give the hint of take home salary as well as salary breakup parameter.
Thanks & Warm Regards,
Vinod Pawar
Sr. HR Executive
91 9711471440
From India, Delhi
Let me give you some details info. about salary break up before joining any organisation. As you might not be familier with salary structure of your future organisation. Make it clear that you must ask salary breakup for your future employer. This will give the hint of take home salary as well as salary breakup parameter.
Thanks & Warm Regards,
Vinod Pawar
Sr. HR Executive
91 9711471440
From India, Delhi
Hi
offer letter format
Dated
Mr/Ms…………….
# address
Dear …………,
Further to your application and subsequent interview you had with us, we are pleased to offer you the position of ‘’……………’ in our organization; you will be posted at .........................
You will be paid consolidated salary of Rs……………../- (Rupees …………………………….. only) per month (less TDS), on the terms and conditions mutually agreed and accepted.
You will be entitled to mobile connection and reimbursement of bills will be as per Company policy.
You will be covered under medical/accidental insurance for self and family as per Company rules applicable to you.
A detailed appointment letter, with the terms and conditions of your appointment, will be issued to you on your reporting for duty.
Please confirm your acceptance of the above, by signing the duplicate copy in writing, and the date of reporting for duty will be on …………….
With best wishes for long association.
Yours Faithfully,
For .
Authorised signatory
From India, Bangalore
offer letter format
Dated
Mr/Ms…………….
# address
Dear …………,
Further to your application and subsequent interview you had with us, we are pleased to offer you the position of ‘’……………’ in our organization; you will be posted at .........................
You will be paid consolidated salary of Rs……………../- (Rupees …………………………….. only) per month (less TDS), on the terms and conditions mutually agreed and accepted.
You will be entitled to mobile connection and reimbursement of bills will be as per Company policy.
You will be covered under medical/accidental insurance for self and family as per Company rules applicable to you.
A detailed appointment letter, with the terms and conditions of your appointment, will be issued to you on your reporting for duty.
Please confirm your acceptance of the above, by signing the duplicate copy in writing, and the date of reporting for duty will be on …………….
With best wishes for long association.
Yours Faithfully,
For .
Authorised signatory
From India, Bangalore
Hi Neha,
An offer letter indicating the designation, Place of posting, reporting structure and probable date of joining should be enough. There is no hard and fast rule to mention the salary structure in the offer letter. A few companies include the salary break up as an annexure to the offer letter.
In our company, we prepare an offer letter along with the salary structure and the candidate will be asked to sign on it. This signed copy of the salary structure will be subsequently handed over on the date of joining.
Regards
Jyothi
From United States, Shrewsbury
An offer letter indicating the designation, Place of posting, reporting structure and probable date of joining should be enough. There is no hard and fast rule to mention the salary structure in the offer letter. A few companies include the salary break up as an annexure to the offer letter.
In our company, we prepare an offer letter along with the salary structure and the candidate will be asked to sign on it. This signed copy of the salary structure will be subsequently handed over on the date of joining.
Regards
Jyothi
From United States, Shrewsbury
Helo Pahuja, As per the rules of good practice both "legal and HR" its advisable to put the salary structure.It goes to the roots of the contract in case of fault by one party. Regards, Kissa.
From Uganda, Kampala
From Uganda, Kampala
Pahuja check the design given by Ravi,thats nice one,the only difference is that others usually include all information needed just in that appointment letter and no more letters to be sent than waiting for one to report,i think its because of reducing some repeatative administrative duties.
From Uganda, Kampala
From Uganda, Kampala
Dear All,
I read all the posts.First of all i would like to say that there is no legal binding that salary break up to be mentioned in offer letter.secondly , the main intention of the employer after finalizaing him is to communicate salary details to the presepective employee by verbly or by writing.Most companies attach salary break ups in offer letter to be more transperent and avoid any type of confusion on the prespective employee's mind.
From India, Pune
I read all the posts.First of all i would like to say that there is no legal binding that salary break up to be mentioned in offer letter.secondly , the main intention of the employer after finalizaing him is to communicate salary details to the presepective employee by verbly or by writing.Most companies attach salary break ups in offer letter to be more transperent and avoid any type of confusion on the prespective employee's mind.
From India, Pune
Now if anybody thinks he will show the CTC to his present employer and will not join u, it is better he / she does not join. I always mention CTC and position in all the Offer Letters gvn by me to avoid confusions at the time of joining. Still confusions take place.
As HR professionals,let us approach issues with a positive mind and not with a closed negative mind.
I wud say to give an Offer ltr without salary or position or even taking signature of the copy of appointment letter and keeping it with u to be gvn on a later date, is not exactly my idea of Positive approach.
regards
From India, Bangalore
As HR professionals,let us approach issues with a positive mind and not with a closed negative mind.
I wud say to give an Offer ltr without salary or position or even taking signature of the copy of appointment letter and keeping it with u to be gvn on a later date, is not exactly my idea of Positive approach.
regards
From India, Bangalore
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