Letter Offer - Monthly

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Strictly Confidential

Letter Offer

[dd MMMM YYYY]

[Name]
[Address]

Mr/Ms.: [LastName]

We are pleased to confirm our employment offer to you under the following terms and conditions:

POSITION: You will be employed as [Position] of Magicalworld Realty and Construction


Corporation. You will be initially assigned at the [Location Assignment],
reporting to the [Position of Immediate Superior].
However, due to the nature of the business, you may be required to work on
other projects throughout the Philippines. It is expressly understood that
allowances and benefits may be varied or ceased altogether in accordance
with the benefits applicable to the Project to which you may be assigned at any
particular time, in accordance with Company Policy at the time of such
assignment.

START DATE Your employment with the Company will commence on [dd MMMM YYYY].

COMPENSATION You will receive an Annual Gross Salary of [Salary in Words] Pesos (Php
0,000.00).

Consequently, your Monthly Gross Salary shall be [Salary in Words] Pesos


(Php0,000.00).

The amount includes payment of regular holidays and special days, and all
ordinary time hours and reasonable additional hours worked by the Employee
to carry out the Duties.

The amount is payable twice a month, every 15th and 30th/31st thereof.
The Monthly Gross Salary shall be payable to a Bank account and shall be
subject to mandatory deductions provided by law, such as, but not limited to,
withholding tax, SSS, Philhealth, and PAG-IBIG contributions.

BONUS You will be eligible to receive a discretionary bonus.

PROBATIONARY Your employment status will be regularized after a satisfactory completion of


the probationary period of up to Six (6) months from the start of employment
PERIOD:
and passing the requirements of Magicalworld Realty and Construction
Corporation for regular employees.

MRCC-HRA-L4-011 ver.00 Letter Offer – Monthly


04-Nov-2020 | Page 1 of 2
BENEFITS: The following benefits will be provided:-
SSS, Pag-ibig, Phil Health
15 days annual leave
15 days sick leave incentivized if sick leave remains is not used
Provision of Medical Insurance
Provision of a company cellphone
Company uniforms per annum
Insurance Coverage
Retirement Plan according to company scheme
13th month Pay
PHP_____ non taxable monthly allowance

This agreement may be terminated for causes provided by law.

Please note that this offer is contingent upon a favorable pre-employment medical examination and
pre-employment background investigation.

In addition to and upon acceptance of this offer, you will be bound to the terms and provisions of our
Non-Compete and Non-Solicitation Agreement, among other policies and procedures.

Should you find the above terms and conditions acceptable, please sign on the space provided below,
initial the first page of this document and return the signed copy to ________________ and
__________________________

Once we receive your acceptance and acknowledgment of the terms and conditions outlined in this
Employment Letter, we will provide you with an Employment Contract.

Please let us know if you have any enquiries.

We look forward to your favorable response.

Very truly yours,

For and on behalf of MAGICALWORLD REALTY AND CONSTRUCTION CORPORATION

______________________________
Name
Chief Executive Officer

The terms set forth in this Employment Letter are acknowledged and accepted.

BY: ________________________
Printed Name and Signature

Date : _______________________________

MRCC-HRA-L4-011 ver.00 Letter Offer – Monthly


04-Nov-2020 | Page 2 of 2

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