Date
Name
Address
City, State, Zip
Dear __________________________________:
It is my pleasure to extend the following offer of employment to you on behalf of (Company Name). This offer is contingent upon your passing our mandatory drug screen, our receipt of your college transcripts, and any other contingencies you may wish to state.
Title: ________________________________________________________
Reporting Relationship: The position will report to (Name and Title):
_____________________________________________________________Job Description is attached.
Base Salary: Will be paid in bi-weekly installments of $_________, which is equivalent to $_______ on an annual basis, and subject to deductions for taxes and other withholdings as required by law or the policies of the company.
Commission Structure: Define the commission potential of the sales job. Often, the commission schedule is attached. Many organizations guarantee the commission structure for a year. Others retain the right to change the commission structure with the changing needs of the business.
Draw Against Commission: Often, and especially with a product or market that has a lengthy selling cycle, the sales representative is enabled to draw or obtain additional salary, for a specified period of time, that will be subtracted from future commissions.
Bonus (or Commission) Potential: Effective upon satisfactory completion of the first 90 days of employment, and based upon the goals and objectives agreed to in the performance development planning process with your manager, you may be eligible for a bonus. The bonus plan for this year and beyond, should such a plan exist, will be based on the formula determined by the company for that year. Additionally, any sales team incentives or bonus for teamwork or shared territory or overall sales should be enumerated here as generally available.
Non-Compete Agreement: Our standard non-compete agreement must be signed prior to start.
Benefits: The current, standard company health, life, disability and dental insurance coverage are generally supplied per company policy. Eligibility for other benefits, including the 401(k) and tuition reimbursement, will generally take place per company policy. Employee contribution to payment for benefit plans is determined annually.
Vacation and Personal Emergency Time Off: Vacation is accrued at x.xx hours per pay period, which is equivalent to two weeks on an annual basis. Personal emergency days are generally accrued per company policy.
Relocation Expenses: Spell out any moving or other transition expenses the company will pay.
Start Date: _________________________________________________
Car/Phone/Travel Expenses: Normal and reasonable expenses will be reimbursed on a monthly basis per company policy.
Your employment with (Company Name) is at-will and either party can terminate the relationship at any time with or without cause and with or without notice.
You acknowledge that this offer letter, (along with the final form of any referenced documents such as the job description), represents the entire agreement between you and (Company Name) and that no verbal or written agreements, promises or representations that are not specifically stated in this offer, are or will be binding upon (Company Name).
If you are in agreement with the above outline, please sign below. This offer is in effect for five business days.
Signatures:
__________________________________________________________
(Candidate's Name)
__________________________________________________________
Date
__________________________________________________________
(For the Company: Manager's Name)
__________________________________________________________
Date
__________________________________________________________
Human Resources
__________________________________________________________
Date
