Document background
The Performance and Development Agreement serves as a crucial document in Philippine employment relationships where structured professional development and performance management are essential. It is typically used when an employer invests significantly in an employee's professional growth through training, education, or development programs. The agreement, governed by Philippine labor laws and regulations, outlines performance expectations, development activities, evaluation methods, and any associated commitments. It's particularly relevant for high-potential employees, management trainees, or specialists requiring specific skill development. The document helps protect both employer and employee interests by clearly defining development objectives, timelines, and mutual obligations, while ensuring compliance with local employment laws, including the Labor Code of the Philippines and relevant DOLE regulations.
