- Offer Letter
- A written document from an employer to a candidate summarizing the terms of an employment offer before a formal contract is signed.
- At-Will Employment
- Employment that either party may end at any time for any lawful reason, without requiring advance notice or documented cause β the default in most US states.
- Contingent Offer
- An offer of employment that is conditional on the candidate satisfying specific requirements, such as passing a background check or drug screening.
- Compensation Package
- The full value of what an employer pays an employee, including base salary, bonus, equity, health benefits, retirement contributions, and other perks.
- Start Date
- The agreed first day on which the new employee is expected to begin work, as confirmed in the offer letter.
- Reporting Line
- The title or name of the manager or supervisor the new employee will report to directly.
- Background Check
- A pre-employment verification of a candidate's criminal history, employment history, education credentials, and identity β often a condition of offer letters.
- Acceptance Deadline
- The date by which the candidate must respond to the offer, after which the employer may withdraw it or extend it to another candidate.
- FLSA Classification
- The designation of a US employee as exempt or non-exempt under the Fair Labor Standards Act, which determines overtime pay eligibility.
- Sign-On Bonus
- A one-time payment offered to a candidate upon accepting an offer, often used to offset deferred compensation or equity forfeited at a previous employer.