White Paper published by The HR Specialist, copyright 2007
All businesses want to safeguard trade secrets and proprietary information and maintain their customers’ trust. So you will naturally want to let your employees and independent contractors know what you expect of them in this regard. Your options range from making a simple policy statement telling them what you consider confidential and how you expect them to treat such information to asking them to sign a nondisclosure agreement.
What’s at Issue
Before drafting a nondisclosure agreement, consider what you want to protect and how and why leaks are likely to occur.
Safeguarding proprietary information: Certainly you have customer lists and marketing strategies that you’d prefer to keep private. And your customers doubtless depend on you to keep information about their business confidential. You may also have proprietary production methods,...(register to read more)