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Letter Of Intent Salary for Singapore

Letter Of Intent Salary Template for Singapore

A Letter of Intent for Salary is a preliminary document issued in Singapore that outlines the proposed compensation package and basic terms of employment before the formal employment contract. It follows Singapore's Employment Act requirements and typically includes details about base salary, CPF contributions, and basic employment terms. This document serves as a formal indication of the employer's intent to hire and the proposed compensation structure, while complying with Singapore's employment laws and MOM guidelines.

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What is a Letter Of Intent Salary?

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.

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

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

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

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

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

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) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Singapore

Publisher

Ƶ

Document Type

Letter of Intent

Cost

Free to use
Relevant legal definitions




















Clauses




















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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