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If you are employing staff, you certainly need to implement an Employment Agreement. This agreement should be between them and your business and it needs to be clear and well defined. This is because the last thing you want to happen is for your employee to get upset and then take legal action against your company for whatever reason. The best thing you can do is make sure each of your team is engaged using an agreement that both parties have read and signed and agreed upon.

The confidentiality agreement is in many ways the equivalent of a non_disclosure agreement in that it is intended to protect the company from the loss of any confidential information or intellectual property. While the two agreements may be similar in nature, you will find that the major difference between the two are the penalties should an employee breach the contract and divulge any confidential information. The more serious penalties are reserved for a confidentiality agreement and can result in criminal lawsuits and very large fines if not prison sentences.

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