As a company, you are dealing with a lot of sensitive information – information that you don’t want others to know. When you are letting new people into your company, you would want to make sure that the sensitive information you are protecting will not be leaked. You can protect your crucial information with the help of a non-disclosure agreement or an NDA.
Here are the times when you need to include this when hiring new employees:
1.) When your company makes use of technologies and systems that are unique to your company.
Many companies want to protect their methods and practices and that includes avoiding leaks to the kinds of technologies and systems they use for their day-to-day operations. If you are one of these companies, you would want to hire an employment lawyer in Vancouver and see how you can squeeze in an NDA in the contract.
2.) When the employees will have access to sensitive information.
There is a lot of sensitive information that you might want to protect such as your manufacturing processes and practices as well as supplier information. You don’t want the employees to run away with the information on how your business is done and who you are doing business with.
3.) If your company has secret formulas and recipes as in the case of people in the food business.
If your business has secret formulas or recipes just like those in the food manufacturing business or the restaurant industry, having an NDA can come in handy.
How Should It Be Done?
The efficacy of your NDA depends on how well it is drafted. If the scope is not broad enough, you could miss out on important information that could end up becoming a loophole in the future. It could also be a subject for legal issues later.
You would want to consult a Vancouver employment lawyer to find out what you should and should not include. For instance, some things can be considered illegal such as clauses that prevent employees from talking about their job and the terms and conditions that their job entails to other employees. There might also be some restrictions if you plan on adding a non-compete clause in there.
When the NDA will be signed is also important. Employers should complete the hiring process before showing the NDA to their prospective employees. If you want your existing employees to sign a new NDA, it’s also a prudent step to talk to an employment lawyer in Vancouver first to know whether this is a legal step or not.
If you are looking for an employment lawyer to help you with your NDA, you can check out the services of Lakes, Whyte LLP.
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