Colorado Employee Nondisclosure Agreement

State:
Multi-State
Control #:
US-00502
Format:
Word; 
Rich Text
Instant download

Description

The employee may be receiving from the employer information of a non-public nature for use by the employee in connection with his or her employment. The employee receiving any information will keep such information confidential and agrees not to disclose such information, in whole or in part, to any person without the express consent of the employer, either during or after the employment of the employee has ended. In addition to its obligation of nondisclosure, the employee agrees that he or she will not, directly or indirectly, attempt to appropriate or otherwise take for its or other parties' benefit the business opportunity of employer or information learned either during or after the employment of employee is ended.
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FAQ

Summary of Colorado's Non-Compete Statute A non-compete agreement can only be enforced against a worker who earns at least $101,250 annually (or the adjusted salary threshold then in effect).

The WPSA requires employers to do what's right ? and requires the public reporting of attrition rates and law violations to get in front of the health and economic harm to targeted and victimized employees before it can occur. We can prevent harm of any kind.

Colorado law prohibits an employer from discriminating and retaliating against employees in a variety of protected classes. Employers must also provide pregnancy accommodations, allow employees to access their personnel files and allow wage discussions.

Colorado's POWR Act went into effect on August 7, 2023, significantly increasing employer obligations to prevent and address harassment and discrimination in the workplace. Companies with Colorado-based employees should act now to ensure compliance.

In Colorado, NDAs are generally enforceable if they are properly drafted and meet all the requirements of a valid contract. To be enforceable a Nondisclosure Agreement: Should be in writing ? An NDA should be reduced to writing and signed by all parties to the agreement.

Colorado is not a right-to-work state, but its Labor Peace Act suggests that workers are not required at most workplaces to join a union or pay dues even though they may receive the same benefits and compensation as union members.

An employee confidentiality agreement, or non-disclosure agreement or an ?NDA,? makes it crystal clear to an employee that he or she cannot under any circumstance, with the exception of prior written approval, disclose company secrets.

PAID SICK LEAVE CHANGES Effective August 7, 2023 Colorado has amended the allowable reasons to use the state mandated paid sick leave to include bereavement time, care for a family member whose school or place of care is closed due to weather, and home evacuations.

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Colorado Employee Nondisclosure Agreement