Document background
The Formal Employment Contract serves as the primary legal document establishing an employment relationship in the Philippines. This document is essential when hiring full-time employees and must comply with the Philippine Labor Code, relevant employment legislation, and Department of Labor and Employment (DOLE) regulations. The contract typically includes mandatory provisions regarding compensation, benefits, working hours, leave entitlements, and termination procedures, while also allowing for additional terms specific to the role or industry. It provides legal protection for both employer and employee by clearly defining rights, obligations, and expectations in accordance with Philippine employment law. This document is particularly important given the strong employee protection framework in Philippine labor law and should be reviewed by legal counsel to ensure compliance with current regulations.
