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Offer Letters and Retention
Please explain the following in detail? It can be attached as a separate file. I want a clear understanding of these topics because I cannot seem to grasp them.
-Why is it important to be thorough in an offer letter?
-What is the offer letter's function in regards to compensation and benfits over time versus using it as a contract for employment?
-What are some of the retention programs designed for non skilled workers such as golden handcuffs, long term incentive agreements, stock options, bonus plans, oprofit sharing, etc.
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