Employee Confidentiality Agreement
Definition:
This is a legal written contract, which is made between the employee, in which the employee agrees to not profit or disclose any particular information in relation to the organization's operations. This document (or contract), will outlines the following:
- A general description about what information needs to be kept confidential
- Reasons why it should be kept confidential
- An obligation to maintain such information confidential
- The obligation of both parties and the length of time information should be kept confidential
It is important for each organization to ensure that all employees sign this agreement in order to avoid confidential information being shared outside the organization.
Part of speech:
Noun
Use in a sentence:
The agreement, of not disclosing any information in relation to the organization, for profit, is referred to as the Employee Confidentiality Agreement.