Document background
The Executive Offer Letter is a crucial document used in Indonesia when extending employment offers to senior-level candidates. It serves as the formal written offer of employment and preliminary agreement between the company and the prospective executive, typically preceding a more comprehensive employment agreement. The document must comply with Indonesian labor laws, particularly Law No. 13 of 2003 on Manpower and the Omnibus Law, while addressing executive-specific considerations such as performance-based compensation, benefits, and governance responsibilities. It is essential for establishing clear terms of employment, protecting both parties' interests, and ensuring compliance with local regulatory requirements. The letter should be drafted in a way that reflects the seniority of the position while maintaining all necessary legal protections and requirements under Indonesian law.
