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Letter Of Employment For Mortgage
"I need a Letter of Employment for Mortgage for a permanent employee who has been with our manufacturing company for 5 years, with steady salary history and standard EPF contributions, to be submitted to Maybank by March 2025."
1. Company Details: Full legal name of the employer, registration number, and registered address
2. Employee Details: Full name, identification number, and current residential address of the employee
3. Position and Employment Status: Job title, employment category (permanent/contract), and reporting relationship
4. Commencement Date: Start date of employment and confirmation status
5. Compensation Package: Basic salary, allowances, bonuses, and other financial benefits
6. Statutory Contributions: EPF, SOCSO, EIS, and income tax deduction details
7. Working Hours: Standard working hours, days, and overtime arrangements if applicable
8. Leave Entitlements: Annual, medical, and other types of leave entitlements
9. Confirmation of Employment: Statement confirming current employment status and length of service
10. Authentication: Signatures of authorized company representative and company stamp
1. Performance Bonus Structure: Details of performance-based compensation, used when the employee has variable pay components
2. Probation Period: Include for new employees who haven't completed their probation period
3. Previous Employment History: Include when employee has been transferred or promoted from previous positions within the company
4. Job Description: Detailed role responsibilities, include when required by the mortgage provider
5. Benefits Summary: Additional benefits like medical insurance, car allowance etc., include for senior positions or when relevant to mortgage application
1. Salary History: Record of salary increments over the period of employment
2. Benefits Details: Detailed breakdown of all benefits and allowances
3. Previous Year's Income Statement: Annual income statement including basic salary, overtime, bonuses and deductions
Authors
Banking & Financial Services
Real Estate
Professional Services
Manufacturing
Technology
Retail
Healthcare
Education
Construction
Hospitality
Telecommunications
Energy & Utilities
Human Resources
Finance
Legal
Corporate Secretariat
Payroll
Compensation & Benefits
Human Resources Director
HR Manager
Finance Director
Chief Financial Officer
HR Business Partner
Payroll Manager
HR Operations Manager
Finance Manager
Company Secretary
Legal Counsel
HR Administrator
Compensation & Benefits Manager
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