Business Law- Confidentiality Agreements Should Be A Condition of Employment

The Law Firm of Pozzuolo Rodden, P.C., Philadelphia Business Law Attorneys, announces the release of the Business Law article “Confidentiality Agreements Should Be A Condition Of Employment”.

To get an edge in today’s competitive marketplace, businesses look to exploit every opportunity that presents itself. Without protections in place, this means that competitors may take advantage of your company’s confidential and proprietary information, such as customer lists, prospective customer lists, employee lists, pricing, general business know-how, future plans and even trade secrets that your former employees had access to. Even more insidious is the case of an employee pilfering, exploiting and selling your company’s sensitive information, including customer leads, for their own personal gain while still currently employed and being paid by you.

As an employer, your business should be proactive and protect sensitive information by requiring a confidentiality agreement as a precondition of employment prior to providing access to such information. By having the prospective employee or independent contractor sign a confidentiality agreement prior to employment, the candidate knows of his/her obligations concerning your company’s confidential information from the outset. If the candidate refuses to sign, then you know the candidate may not be the right person for the position and sensitive information has not been compromised.

If you would like to read the full article, please click here.

Contact our Philadelphia Business & Estate Planning law firm with your questions, comments or concerns.