Confidentiality Agreement

What is Confidentiality Agreement?

 

A ‘Confidentiality Agreement’ is a contract between the employer and the employee which restricts the employee from sharing any kind of sensitive information about the company to anyone outside the company.

 

It is also called a ‘Non-disclosure Agreement (NDA)’ or Proprietary Information Agreement (PIA)’ in some companies. However, their function is the same: to protect the internal company secrets to safeguard the welfare of the organization.

 

Although these agreements are signed when a new employee joins the organization, some employers go a step further by making the contract valid for a lifetime so that the employee is required to maintain secrecy even after termination.

More HR Terms

Human Resource Planning

What is Human Resource Planning?   ‘Human Resource Planning’ refers to setting the goals for the HR department and planning the process to achieve that

Multitenant

What is Multitenant?    ‘Multitenant’ is a kind of software that is able to serve multiple customers simultaneously. The most common example of a multitenant

Algorithmic Accountability

What is Algorithmic Accountability?   ‘Algorithmic Accountability’ is the concept that companies are accountable for the outputs of the algorithms which they create.   It

Contact Us

Contact Us

We use cookies on our website to provide you with the best experience.
Take a look at our ‘privacy policy’