offer letters and retentionplease explain the, HR Management

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offer letters and retentionplease explain the

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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