Document background
The Employee Deed of Release is a crucial document in Philippine employment law that provides a formal framework for concluding employment relationships. It is typically used when an employment relationship is being terminated by mutual agreement, resignation, or as part of a separation package. The deed serves multiple purposes: it documents the final settlement of all employment-related matters, confirms the payment of statutory and contractual entitlements, and includes mutual releases to prevent future claims. Under Philippine jurisdiction, the document must comply with specific requirements of the Labor Code, including provisions for mandatory benefits, clearance procedures, and proper documentation of separation terms. The Employee Deed of Release is particularly important in the Philippine context where employment rights are strongly protected, and proper documentation of termination is essential for legal compliance and risk management.
