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Offer Letter - Standard Format

The document is an appointment letter from J.B Builders Pvt Ltd offering Shyam Nepal a position as an accountant. The letter outlines the terms of employment including a monthly salary of NRP 40,760 consisting of basic, allowance and other payments. Upon satisfactory completion of a 6 month probation period, Shyam will be entitled to an annual bonus equal to one month's basic salary, time off during festivals, and applicable benefits after 6 months of service. The letter also details probation terms, resignation and termination policies, place and hours of work, leave and holidays in accordance with company policies. Shyam must sign and return the letter to accept the appointment.

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keeran
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3K views2 pages

Offer Letter - Standard Format

The document is an appointment letter from J.B Builders Pvt Ltd offering Shyam Nepal a position as an accountant. The letter outlines the terms of employment including a monthly salary of NRP 40,760 consisting of basic, allowance and other payments. Upon satisfactory completion of a 6 month probation period, Shyam will be entitled to an annual bonus equal to one month's basic salary, time off during festivals, and applicable benefits after 6 months of service. The letter also details probation terms, resignation and termination policies, place and hours of work, leave and holidays in accordance with company policies. Shyam must sign and return the letter to accept the appointment.

Uploaded by

keeran
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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02 April 2021

Mr. Shyam Nepal


Kathmandu, Nepal

Dear Shyam,

We are pleased to appoint you to the position of accountant in our organization, with effect from 2nd April
2021 on the following terms and conditions:

Salary
Remuneration for this tasked will be per month NRP……, consist following.
Total Gross Salary : Rs. 40,760.00

Break down of Salary is as below:

Monthly Basic Salary: Rs. 24,800.00


Monthly Dearness Allowance Rs 6,200.00
Monthly Conveyance Allowance Rs. 9,920.00
Monthly Other Allowance Rs. 19,840.00
Month Schedule : Nepali Calendar Basis

You will be entitled to receive following benefits upon satisfactory completion of probationary period:

1. Bonus : One month (equivalent to Basic Salary) Bonus per year


2. Time/schedule : During festival i.e. Dashain/ Tihar equivalent
3. Applicable : Upon completion of 6 months service on or before
Ghatasthapana/ as per contract

The tax will be calculated and deducted at source as per prevailing laws time being enforced.

Holidays and Annual vacation/Sick leave and also severance pay will be applied as per company policy, rules and
regulations.

Probationary Period
Your employment shall commence with a probationary period of six (6) months. This probationary period
may be extended if the company deems necessary for a further period depending on the assessment of your
performance by your immediate superior. Your employment shall be confirmed upon receipt of a written
notice from the Company at the end of your probationary period unless otherwise stated.

Resignation and Termination


a. Employee shall be entitled to terminate this Agreement by giving to other party a written notice of
termination as follows:
i. In the case where you are still on probation, by serving on you a month notice in writing;
ii. In the case where your employment has been confirmed, by serving on you a two (2) months’
notice in writing; or
iii. By payment of sum equivalent to the salary for the duration of the notice period referred to in
(i) or (ii) above (as the case may be), in lieu of such notice.
b. It is also noted that you have confirmed your commitment not to resign from the role before
completion of one year.
In the case of termination, you acknowledge that you will be liable only for the benefits
related to any work done on behalf of JB Builders Pvt Ltd and remuneration as a
compensation package. Under no circumstances additional compensation/ benefits will be
claimed with the Companies directly/ indirectly.

Place and Hours of Work

Monday to Friday : 10 am to 6 pm
*Weekend work may be on Saturdays depending on requirement.

The Company reserves the right to vary your working hours per week depending on the operational
needs of the Company.

The above represents the minimum hours of work within which you will be required to perform your
duties plus such additional hours as may be necessary for the proper performance of your duties.

Your normal place of work shall be Kathmandu, Nepal.

Leave & Holiday:

Holidays and Annual vacation/Sick leave and also severance pay will be applied as per company policy, rules
and regulations.

We welcome you in our organization and wish you a long and prosperous career with us.

Please confirm your acceptance of the appointment on the above terms and conditions by signing and returning
this letter for our records.

With best wishes,

______________
On behalf of
J.B Builders Pvt Ltd.

Read & Accepted

…………………………
Date:

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