The job offer component tracks compensation offers to the selected candidate for hire and provides a means for approval by those who collaborate in the hiring decisions. Using the job offer component in TAM creates a compensation record that will feed into the compensation tab in HR job data when manage hires is used to hire the selected applicant.
To create a job offer, enter the offer details such as the pay amount, frequency, date that the offer is created, and who needs to approve the offer, etc. An offer or contract letter can also be uploaded and emailed to the candidate directly from the job offer component. The job offer and related attachments can also be posted online to the applicant where they can review, accept, or decline the offer from their account in Candidate Gateway.
TAM automatically assigns the offer status. Once an offer is submitted for approval, the status is set to Pending Approval. Once the final approval has been received, the status is set to Extend.