Standard CTC structure, probation, notice period, ESOP eligibility and IP assignment — works for engineers, sales and operations roles.
Date: [DD-MM-YYYY]
Private & Confidential
To: [Candidate Name] [Address]
Dear [First Name],
It is our pleasure to offer you employment with [Company Name] Private Limited ("Company") on the terms set out below.
| Item | Detail | |---|---| | Position | [Job Title] | | Reports to | [Manager Name / Title] | | Department | [Engineering / Sales / Operations] | | Start date | [DD-MM-YYYY] | | Location | [City] / Remote / Hybrid |
| Component | Annual (₹) | Monthly (₹) | |---|---|---| | Basic salary | [X] | [X] | | House Rent Allowance | [X] | [X] | | Special allowance | [X] | [X] | | Gross salary (a) | [X] | [X] | | Employer PF contribution | [X] | [X] | | Performance bonus (variable) | [X] | — | | CTC (a + employer benefits + variable) | [X] | — |
Salary is paid by direct credit on the last working day of each calendar month.
Income-tax shall be deducted at source as per applicable rates.
You are eligible to receive [X] stock options under the Company's ESOP scheme, vesting over 48 months with a 12-month cliff. A separate Grant Letter will be issued upon joining.
You shall be on probation for 6 months from the start date. The Company may extend probation at its discretion. During probation, either party may terminate this contract with 15 days' notice.
Post confirmation, the notice period is 2 months on either side. The Company may, at its discretion, accept payment in lieu of notice or waive the notice period.
Standard hours are 9 hours per day, 5 days per week, with reasonable flexibility. The Company observes [12] paid public holidays per calendar year.
You are entitled to:
Conditions on confidentiality, intellectual property assignment, non-solicitation and non-compete are set out in Annexure A ("Standard Terms") and form part of this offer.
This offer is contingent on:
Please return a counter-signed copy by [DD-MM-YYYY], failing which this offer shall lapse.
We look forward to your joining and are excited to have you on the team.
Sincerely,
_________________ [Authorised Signatory] Designation: [HR / Founder]
Acceptance
I, [Candidate Name], accept the offer of employment on the terms set out above.
Signature: ____________
Date: ____________
How to use
Copy or download the template into your editor.
Replace every [bracketed placeholder] with your details.
Have both parties sign — physical, e-sign or DSC works.
Keep a copy in your FilingLab document vault.
Disclaimer
This is a template, not legal advice for your specific situation. We recommend a 30-minute review by one of our CAs / lawyers before signing — book free.