Full Time Contract Template for Philippines

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Full Time Contract

"I need a Full Time Contract for a senior software developer position in our Manila tech startup, starting March 1, 2025, including remote work provisions and stock option clauses with standard confidentiality and IP protection terms."

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What is a Full Time Contract?

This Full Time Contract serves as a fundamental legal document for establishing employment relationships in the Philippines, ensuring compliance with the Labor Code of the Philippines and related employment legislation. It is designed for use when hiring permanent, full-time employees across various industries and positions, incorporating both mandatory legal requirements and standard business practices specific to the Philippine jurisdiction. The contract includes essential provisions for compensation, benefits, working conditions, and employee rights, while also addressing modern workplace considerations such as data privacy and intellectual property protection. This document is crucial for protecting both employer and employee interests, providing clear documentation of employment terms, and ensuring alignment with Philippine labor regulations, including recent updates to employment law and statutory requirements.

What sections should be included in a Full Time Contract?

1. Parties: Identification of the employer and employee, including complete legal names and addresses

2. Background: Brief context of the employment relationship and purpose of the agreement

3. Definitions: Key terms used throughout the contract

4. Position and Duties: Job title, role description, and primary responsibilities

5. Commencement and Term: Start date and nature of employment (permanent/fixed-term)

6. Probationary Period: Duration and terms of the probationary period, not exceeding 6 months as per Philippine law

7. Work Hours and Location: Regular working hours, work week, and primary work location

8. Compensation: Base salary, payment schedule, and mandatory benefits

9. Statutory Benefits: SSS, PhilHealth, Pag-IBIG, and other mandatory benefits

10. Leave Entitlements: Various leave types including service incentive leave, sick leave, vacation leave

11. Confidentiality: Protection of company confidential information and trade secrets

12. Intellectual Property: Ownership of work products and innovations created during employment

13. Code of Conduct: Expected behavior, compliance with company policies and procedures

14. Termination: Grounds for termination, notice periods, and procedures

15. Governing Law: Specification of Philippine law as governing law

16. Entire Agreement: Integration clause confirming the contract as complete agreement between parties

What sections are optional to include in a Full Time Contract?

1. Non-Compete: Restrictions on working with competitors, used for senior positions or roles with access to sensitive information

2. Flexible Working Arrangements: Terms for remote work or flexible hours, used when offering hybrid or remote work options

3. Performance Bonus: Structure and conditions for performance-based compensation, used for sales or management positions

4. International Travel: Terms related to international assignments or travel, used for roles requiring overseas work

5. Training Requirements: Mandatory training programs and professional development, used for specialized roles

6. Post-Employment Obligations: Ongoing obligations after employment ends, used for senior positions

7. Stock Options/Equity: Terms of any share or stock option schemes, used for executive positions or startups

8. Relocation Terms: Relocation assistance and conditions, used when hiring from different regions

What schedules should be included in a Full Time Contract?

1. Schedule 1 - Job Description: Detailed description of role, responsibilities, and reporting relationships

2. Schedule 2 - Compensation Structure: Detailed breakdown of salary components and benefits

3. Schedule 3 - Company Policies: Key company policies that form part of the employment terms

4. Schedule 4 - Confidential Information: Specific details of what constitutes confidential information

5. Schedule 5 - Benefits Package: Detailed description of all benefits and eligibility conditions

6. Appendix A - Code of Conduct: Detailed company code of conduct and ethical guidelines

7. Appendix B - Leave Policy: Detailed leave policies and procedures

8. Appendix C - Performance Review Process: Performance evaluation criteria and procedures

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Relevant Industries

Technology

Manufacturing

Financial Services

Retail

Healthcare

Education

Professional Services

Construction

Hospitality

Telecommunications

Energy

Agriculture

Transportation

Real Estate

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Relevant Teams

Human Resources

Finance

Operations

Information Technology

Sales

Marketing

Legal

Research and Development

Customer Service

Administration

Quality Assurance

Business Development

Production

Supply Chain

Corporate Communications

Relevant Roles

Chief Executive Officer

General Manager

Department Manager

Software Engineer

Financial Analyst

Human Resources Officer

Marketing Specialist

Sales Representative

Administrative Assistant

Project Manager

Operations Manager

Research Analyst

Customer Service Representative

Business Development Manager

Technical Support Specialist

Account Manager

Quality Assurance Engineer

Production Supervisor

Data Analyst

Legal Counsel

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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