Career GlossaryOffer Letter
Career Definition
What is Offer Letter?
A formal document from an employer confirming a job offer, including position title, compensation, start date, and terms of employment.
In-Depth Definition
An offer letter typically includes: job title, reporting structure, base salary, bonus structure, equity/stock grants, benefits eligibility date, start date, and any contingencies (background check, drug test).
Offer letters may be conditional (pending background check or reference verification) or unconditional. Always review the entire document carefully and understand what is negotiable before accepting or counter-offering.
Why Offer Letter Matters in 2026
Verbal offers are not binding. Always wait for the written offer letter before resigning from your current position. Review it with an employment attorney for any concerning clauses.