The Executive Job Offer Letter is a crucial document used in Switzerland when extending formal employment offers to senior-level executives. It serves as the preliminary agreement that outlines the fundamental terms of employment while adhering to Swiss employment law requirements, particularly those specified in the Swiss Code of Obligations. This document is typically used when recruiting C-suite executives, managing directors, and other senior leadership positions, providing a comprehensive yet concise overview of the employment relationship, compensation package, and key responsibilities. The letter forms the basis for the subsequent detailed employment agreement and includes references to various Swiss legal requirements such as notice periods, probationary terms, and mandatory benefits. It's particularly important in the Swiss context due to specific local requirements regarding executive employment terms and corporate governance obligations.
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1. Company Information and Date: Full legal name of the company, registered address, and date of the letter
2. Candidate's Personal Information: Full name and address of the executive candidate
3. Position and Role: Specific title, role description, and reporting relationships
4. Start Date and Location: Proposed employment start date and primary work location
5. Compensation Package: Base salary, bonus structure, and any equity compensation
6. Benefits Summary: Overview of standard benefits including insurance, pension, and vacation entitlement
7. Working Hours and Flexibility: Expected working arrangements and any flexibility provisions
8. Probationary Period: Length and terms of the probationary period as per Swiss law
9. Notice Period: Required notice period for termination by either party
10. Confidentiality: Basic confidentiality obligations
11. Acceptance and Signature: Space for formal acceptance and signatures
1. Sign-On Bonus: Details of any one-time signing bonus, used when offering special incentives to join
2. Relocation Assistance: Terms of relocation support, included when the executive needs to relocate
3. Language Requirements: Specific language proficiency requirements, relevant in multilingual Swiss business environment
4. Work Permit: Information regarding work permit requirements, included for non-Swiss executives
5. Garden Leave: Provisions for garden leave during notice period, included for senior executive roles
6. Corporate Card and Expenses: Policy on corporate credit card and expense reimbursement, if applicable
1. Detailed Benefits Description: Comprehensive explanation of all benefits and insurance coverage
2. Bonus Scheme Rules: Detailed terms and conditions of the executive bonus program
3. Executive Responsibilities: Detailed description of executive duties and expectations
4. Company Policies: Key company policies including code of conduct and compliance requirements
5. Restrictive Covenants: Non-compete, non-solicitation, and other post-employment restrictions
6. Equity Compensation Terms: Detailed terms of any share options or equity participation plans
Relevant legal definitions
Annual Base Salary
Board of Directors
Bonus
Cause
Company
Confidential Information
Employment Period
Executive
Good Reason
Group
Intellectual Property Rights
Long Term Incentive Plan
Notice Period
Parent Company
Position
Probationary Period
Restricted Period
Share Option Plan
Subsidiary
Target Bonus
Variable Compensation
Vesting Period
Work Location
Working Day
Board of Directors
Bonus
Cause
Company
Confidential Information
Employment Period
Executive
Good Reason
Group
Intellectual Property Rights
Long Term Incentive Plan
Notice Period
Parent Company
Position
Probationary Period
Restricted Period
Share Option Plan
Subsidiary
Target Bonus
Variable Compensation
Vesting Period
Work Location
Working Day
Clauses
Position and Duties
Commencement and Term
Probationary Period
Compensation
Bonus Arrangements
Equity Participation
Benefits
Vacation and Leave
Working Hours
Location of Work
Expenses
Confidentiality
Intellectual Property
Data Protection
Non-Competition
Non-Solicitation
Notice Period
Garden Leave
Termination
Governing Law
Insurance Coverage
Company Property
Reporting Structure
Performance Reviews
Business Travel
Code of Conduct
Regulatory Compliance
Representations and Warranties
Integration and Entire Agreement
Language
Severability
Commencement and Term
Probationary Period
Compensation
Bonus Arrangements
Equity Participation
Benefits
Vacation and Leave
Working Hours
Location of Work
Expenses
Confidentiality
Intellectual Property
Data Protection
Non-Competition
Non-Solicitation
Notice Period
Garden Leave
Termination
Governing Law
Insurance Coverage
Company Property
Reporting Structure
Performance Reviews
Business Travel
Code of Conduct
Regulatory Compliance
Representations and Warranties
Integration and Entire Agreement
Language
Severability
Relevant Industries
Financial Services
Pharmaceuticals
Manufacturing
Technology
Consumer Goods
Insurance
Banking
Healthcare
Telecommunications
Professional Services
Industrial
Life Sciences
Retail
Energy
Transportation
Relevant Teams
Human Resources
Legal
Executive Management
Board Secretariat
Compensation & Benefits
Corporate Governance
Talent Acquisition
Relevant Roles
Chief Executive Officer
Chief Financial Officer
Chief Operating Officer
Chief Technology Officer
Managing Director
Executive Director
Country Manager
Regional Director
Vice President
Senior Vice President
General Manager
Head of Department
Division President
Executive Vice President
Chief Legal Officer
Chief Human Resources Officer
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