Non-Disclosure Agreement

A legally binding document that prevents the employee from discussing commercial-in-confidence or other sensitive proprietary information with anyone else. This may be defined as people external to the firm but may also include not disclosing information to other employees (such as in the case of a workers’ compensation settlement or disciplinary action).

This is an important document for every employer to have in place in their organizations in order to protect the workplace. This is also to avoid the risk of employees using organization information or even copying and pasting the company policies to start off their own businesses; A confidentiality agreement also ensures that employees do not contact the organization’s clients outside their workplace.