Letter Of Intent Salary for Philippines

Letter Of Intent Salary Template for Philippines

A Letter of Intent Salary is a formal document used in the Philippines that outlines the preliminary terms of employment, with a specific focus on compensation and basic employment conditions. This document serves as a preliminary agreement between an employer and a potential employee, detailing the proposed salary package, position, and fundamental terms of employment. While not a final employment contract, it is governed by Philippine labor laws, including the Labor Code of the Philippines and related employment regulations, and represents a good-faith commitment from the employer to the prospective employee regarding the terms discussed.

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What is a Letter Of Intent Salary?

The Letter Of Intent Salary is a crucial preliminary document in the Philippine employment process, typically issued after successful initial negotiations but before the formal employment contract. It serves as a bridge between verbal discussions and the final employment agreement, providing written confirmation of the key terms discussed, particularly regarding compensation. This document is commonly used in the Philippine business environment when companies want to formally express their intention to hire a candidate and document the agreed-upon salary and basic employment terms. While not legally binding in the same way as an employment contract, it carries significant weight in establishing the parties' intentions and forms the basis for the subsequent employment contract. The document must comply with Philippine labor laws, including the Labor Code and various employment-related regulations, particularly regarding minimum wage requirements and mandatory benefits.

What sections should be included in a Letter Of Intent Salary?

1. Letter Header: Company letterhead, date, and recipient's complete contact information

2. Subject Line: Clear indication that this is a Letter of Intent regarding employment and salary

3. Opening Statement: Formal expression of intent to offer employment, including the specific position title

4. Base Salary: Clear statement of the offered base salary, including currency and payment frequency

5. Position Details: Brief description of the role, department, and reporting structure

6. Start Date: Proposed employment commencement date

7. Duration: Term of employment (permanent/temporary/contractual)

8. Closing Statement: Response deadline and contact information for questions

9. Signature Block: Company representative's name, title, and signature space

What sections are optional to include in a Letter Of Intent Salary?

1. Benefits Package: Overview of additional benefits beyond base salary - include when offering comprehensive compensation package

2. Performance Bonus: Details of any performance-based compensation - include when bonus schemes are part of the offer

3. Probationary Period: Terms of initial probationary period - include for positions subject to probation

4. Work Schedule: Expected working hours and days - include when schedule differs from standard office hours

5. Pre-employment Requirements: Required documentation or conditions - include when specific certifications or clearances are needed

6. Confidentiality Statement: Basic confidentiality terms - include for sensitive positions

7. Travel Requirements: Expected travel obligations - include for positions involving travel

What schedules should be included in a Letter Of Intent Salary?

1. Benefits Summary: Detailed breakdown of all benefits and allowances

2. Job Description: Comprehensive outline of roles and responsibilities

3. Required Documents Checklist: List of documents needed for employment processing

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

Philippines

Publisher

Genie AI

Document Type

Letter of Intent

Cost

Free to use

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