When an employee leaves a business, often they depart with a great deal of knowledge, know-how and information which is of value to that business.
Additionally, they may have valuable relationships with that business’ customers, clients, suppliers and/or staff. In the absence of appropriate protections, the employee may be free to utilise their knowledge/relationships gained with the business to their own advantage, and that of the business’ competitors.
Contractual restraints of trade are an important protection to reduce the likelihood of this risk – but only if they are properly drafted.
This seminar covers:
- Explain the who, what, when and why of restraints of trade
- Discuss the construction of restraints to ensure they are enforceable
- Discuss how employers can ensure restraints do not become void or unenforceable
- Discuss recent cases and their implications for enforceability of restraints
It is important that managers and HR professionals have the tools to the minimise risk that company knowledge
After this seminar participants should be able to:
- Identify what protections can be put in place to seal information and data from outside the workplace
- Understand the relevant legislation surrounding business protection
- Understand the impacts of unprotected client information
- Demonstrate how to manage and respond to outbursts of company information while managing legal risk
- Understand prevention techniques in relation to: structuring restraints and enforcing restraints
- Discuss when and why a workplace protection investigation may be necessary
- Explain when and what disciplinary action may be necessary if issues with business protection arise
We use handouts and allow time for questions and problem solving to ensure participants gain practical knowledge.