Salary Non Disclosure Agreement

Salary Non Disclosure Agreement Template for Singapore

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Key Requirements PROMPT example:

"Need a Salary Non Disclosure Agreement for our Singapore tech startup, covering 50 employees who will have access to company-wide compensation data, with specific provisions for protecting bonus structure information and requiring immediate deletion of salary data upon employment termination."

What is a Salary Non Disclosure Agreement?

The Salary Non Disclosure Agreement is essential in Singapore's competitive business environment where salary information sensitivity is paramount. This document becomes necessary when companies need to protect compensation details from unauthorized disclosure, particularly in sectors where salary information could impact competitive advantage or employee relations. It complies with Singapore's employment laws while providing clear guidelines on handling confidential salary information, permitted disclosures, and consequences of breach. The agreement is particularly relevant for organizations with structured compensation systems or those operating in highly competitive markets.

What sections should be included in a Salary Non Disclosure Agreement?

1. Parties: Identifies the employer and employee entering into the agreement

2. Background: Sets out context and purpose of the NDA

3. Definitions: Defines key terms including 'confidential information', 'salary information', 'permitted disclosures'

4. Scope of Confidentiality: Details what information is covered and confidentiality obligations

5. Duration: Specifies how long the confidentiality obligations last

6. Permitted Disclosures: Lists exceptions where disclosure is allowed

7. Breach and Remedies: Outlines consequences of breaking the agreement

What sections are optional to include in a Salary Non Disclosure Agreement?

1. Return of Confidential Information: Used when physical or digital salary records need to be returned or destroyed upon termination of employment

2. Third Party Rights: Addresses rights of parties not directly involved in agreement, particularly relevant when third parties might be affected by the NDA

3. Survival: Specifies which obligations continue after employment ends, particularly important for long-term confidentiality protection

What schedules should be included in a Salary Non Disclosure Agreement?

1. Schedule of Covered Information: Detailed list of specific salary-related information covered by the NDA

2. Schedule of Permitted Recipients: List of persons/entities authorized to receive the confidential information

3. Schedule of Security Measures: Details of how confidential information should be stored and handled

Authors

Alex Denne

Head of Growth (Open Source Law) @ ��Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Financial Services
Technology
Professional Services
Manufacturing
Healthcare

Relevant Teams

Human Resources
Finance
Legal
Executive Leadership
Payroll

Relevant Roles

Human Resources Manager
Payroll Administrator
Finance Director
Department Manager
Executive Officer

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