The final agreement between an employer and employee over a work position and the role’s final compensation terms is known as an offer acceptance. Offer acceptance occurs when an employee accepts an offer letter from their company on the terms stated in the letter.
An employee can accept an offer verbally as well as in writing it is not necessary for this to be recorded. An employee’s acceptance establishes appropriate expectations and binds both parties to the same terms and circumstances. It’s a crucial phase in the hiring process.
