Protecting Confidential Information: The Duty of Confidentiality in Contracts of EmploymentPosted in : Essential Guide to Employment Contracts on 21 January 2019 Issues covered:
What information is confidential? Ultimately, this is for each employer to determine having regard to the work they do and the industry or sector in which they operate. Typically, confidential information may include customer or client lists, business plans, financial information, supplier details, terms of business, pricing strategies, product information and know-how, technical data and specifications, software, other intellectual property and trade secrets.
The duty of confidentiality is implied by law into every contract of employment. This duty is a key component of the implied requirement of all employees to act in good faith during their employment and not to compete
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