Letter Of Intent Salary Template for Singapore

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Key Requirements PROMPT example:

Letter Of Intent Salary

"I need a Letter of Intent Salary for a senior software engineer position in our Singapore office, offering a base salary of SGD 180,000 with a 15% performance bonus and stock options, with the role starting in March 2025."

Document background
A Letter of Intent Salary is commonly used in Singapore's employment process as an initial formal communication between employer and potential employee. It serves as a preliminary agreement outlining key employment terms, particularly focusing on compensation details, before proceeding with a full employment contract. The document is especially important in Singapore's competitive job market where clear communication of salary expectations and employment terms is crucial. While not legally binding in its entirety, it demonstrates serious intent to employ and typically includes critical information about compensation, position, and basic terms of employment, all aligned with Singapore's Employment Act and MOM guidelines.
Suggested Sections

1. Opening Statement: Introduction identifying the employer and prospective employee

2. Position Details: Job title, department, and reporting structure

3. Compensation Package: Base salary, payment frequency, and currency

4. Start Date: Proposed employment commencement date

5. Duration of Offer: Validity period of the letter of intent

Optional Sections

1. Benefits Overview: Brief outline of additional benefits, used when benefits package is significant

2. Probation Period: Include if there will be a probationary period

3. Pre-employment Conditions: Include if there are specific conditions like background checks or medical examinations

4. Work Location: Include if work location is different from main office or if remote work is involved

Suggested Schedules

1. Benefits Summary: Detailed breakdown of employment benefits

2. Job Description: Detailed outline of role responsibilities and requirements

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

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 | Serial Founder & Legal AI Author

Industries

Employment Act (Chapter 91): Primary legislation governing employment terms, conditions, salary payment regulations, minimum salary requirements, and payment periods in Singapore

Employment of Foreign Manpower Act: Legislation governing employment of foreign workers, including work pass requirements and conditions

Central Provident Fund (CPF) Act: mandatory social security savings scheme legislation covering CPF contributions, rates for employer and employee, and requirements based on age and residency status

Income Tax Act: Legislation governing tax implications and reporting requirements for employment income in Singapore

Personal Data Protection Act (PDPA): Legislation covering handling of personal information, consent requirements, and data protection obligations in employment context

MOM Guidelines: Ministry of Manpower guidelines covering fair employment practices, tripartite guidelines, and salary-related advisories

Competition Act: Legislation relevant to non-compete clauses and restrictions on employment in Singapore

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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