Formal Job Offer Letter Template - Workable: I. Position

Formal job offer letter template | Workable
I. Position
Job title
Your title will be [Job_title], and you will report to the Your Business’s [Manager’s job_title].
Working schedule
This is a [full-time/part-time] position requiring approximately [e.g. 40] hours per week. Your
regular weekly schedule will be [e.g. Monday to Friday 09:00-17:00].
Employment Relationship
Employment with the Your Business is for no specific period of time. Your employment with the
Your Business will be “at will,” meaning that either you or the Your Business may terminate
your employment at any time and for any reason, with or without cause. Any contrary
representations that may have been made to you are superseded by this letter agreement. This is
the full and complete agreement between you and the Your Business on this term. Although your
job duties, title, compensation and benefits, as well as the Your Business’s personnel policies and
procedures, may change from time to time, the “at will” nature of your employment may only be
changed in an express written agreement signed by you and a duly authorized officer of the Your
Business (other than you.)
II. Cash Compensation

Salary
The Your Business will pay you a starting salary at the rate of $[Gross annual salary] per year,
payable in accordance with the Your Business’s standard payroll schedule, beginning [start day]
and you will receive your first paycheck on [date]. This salary will be subject to adjustment
pursuant to the Your Business’s employee compensation policies.
Tax withholding
All forms of compensation referred to in this letter agreement are subject to reduction to reflect
applicable withholding and payroll taxes and other deductions required by law.
Tax advice
You are encouraged to obtain your own tax advice regarding your compensation from the Your
Business. You agree that the Your Business does not have a duty to design its compensation
policies in a manner that minimizes your tax liabilities and you will not make any claim against
the Your Business or its Board of Directors related to tax liabilities arising from your
compensation.
III. Bonus (or commission) potential
In addition, you will be eligible to be considered for an incentive bonus for each fiscal year of
the Your Business. The bonus (if any) will be awarded based on objective or subjective criteria
established by the Your Business’s Chief Executive Officer and approved by the Your Business’s
Board of Directors. Your target bonus will be equal to [percent]% of your annual base salary.
Any bonus for the fiscal year in which your employment begins will be prorated, based on the
number of days you are employed by the Your Business during that fiscal year. Any bonus for a
fiscal year will be paid within [number] months after the close of that fiscal year, but only if you
are still employed by the Your Business at the time of payment. The determinations of the Your
Business’s Board of Directors with respect to your bonus will be final and binding.
IV. Employee benefits

As a regular employee of the Your Business, you will be eligible to participate in a number of
Your Business-sponsored benefits.
The Your Business offers a comprehensive employee benefits program, including:
Vacation policy
You will be eligible for [number] days of paid vacation leave per year. Paid time off is additional
to sick days, bank holidays and days that the Your Business does not operate.
Private health and dental insurance plan
As all Your Business employees, you will be eligible for the private health and dental insurance
plan we provide. Specific terms and conditions may change upon vendor’s decision.
Stock Options
Subject to the approval of the Your Business’s Board of Directors or its Compensation
Committee, and following the adoption by the Your Business of an equity incentive plan, you
will be granted an option to purchase [number] shares of the Common Stock of the Your
Business or of its parent (the “Option.”) The exercise price per share of the Option will be
determined by the Board of Directors or the Compensation Committee when the Option is
granted. The Option will be subject to the terms and conditions applicable to options granted
under the Your Business’s Stock Plan (as adopted, the “Plan”), as described in the Plan and the
applicable Stock Option Agreement. You will vest in 25% of the Option shares after 12 months
of continuous service, and the balance will vest in equal monthly installments over the next 36
months of continuous service, as described in the applicable Stock Option Agreement.
V. Privacy and Confidentiality Agreements

Privacy Agreement
You are required to observe and uphold all of the Your Business’s privacy policies and
procedures as implemented or varied from time to time. Collection, storage, access to and
dissemination of employee personal information will be in accordance with privacy legislation.
Conflict of Interest policy
While you are employed at this Your Business, you will not engage in any other employment,
consulting or other business activity (whether full-time or part-time) that would create a conflict
of interest with the Your Business. By signing this letter of agreement, you confirm that you have
no contractual commitments or other legal obligations that would prohibit you from performing
your duties for the Your Business.
Proprietary Information and Inventions Agreement
Like all Your Business employees, you will be required, as a condition of your employment with
the Your Business, to sign the Your Business’s standard Proprietary Information and Inventions
Agreement.
VI. Termination Conditions

The Your Business reserves the right to terminate employment of any employee for just cause at
any time without notice and without payment in lieu of notice. The Your Business will be entitled
to terminate your employment for any reason other than for just cause, upon providing to you
such minimum notice as required by law.
VII. Interpretation, Amendment and Enforcement

This letter agreement supersedes and replaces any prior agreements, representations or
understandings (whether written, oral, implied or otherwise) between you and the Your Business
and constitute the complete agreement between you and the Your Business regarding the subject
matter set forth herein. This letter agreement may not be amended or modified, except by an
express written agreement signed by both you and a duly authorized officer of the Your Business.
You may indicate your agreement with these terms and accept this offer by signing and dating
this agreement by [date the offer expires]. Upon your acceptance of this employment offer, [Your
Business_name] will provide you with the necessary paperwork and instructions.
Sincerely,
[Sender_name]
Signatures:
___________________________________________________
Your Business Representative (Sign)
___________________________________________________
Your Business Representative (Print)
___________________________________________________
Date
___________________________________________________
Applicant (Sign)
___________________________________________________
Applicant (Print)
___________________________________________________
Date
Disclaimer: The following offer letter recommendations should only be used as guidelines.
Please only select the portions that apply to your Your Business. Neither the author nor
workable.com will assume legal liability for the accuracy, completeness or usefulness of any
information provided in whole or in part within this article.

Formal Job Offer Letter Template - Workable: I. Position

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Formal Job Offer Letter Template - Workable: I. Position

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Formal job offer letter template | Workable

II. Cash Compensation

IV. Employee benefits

The Your Business offers a comprehensive employee benefits program, including:

Private health and dental insurance plan

V. Privacy and Confidentiality Agreements

Conflict of Interest policy

Proprietary Information and Inventions Agreement

VI. Termination Conditions

VII. Interpretation, Amendment and Enforcement

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