Salary Non Disclosure Agreement Template for Singapore

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Key Requirements PROMPT example:

Salary Non Disclosure Agreement

"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."

Document background
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.
Suggested Sections

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

Optional Sections

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

Suggested Schedules

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) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Industries

Employment Act (Chapter 91): Primary legislation governing employment terms and conditions in Singapore, including recent amendments on salary confidentiality. Ensures the NDA aligns with basic employment rights.

Personal Data Protection Act (PDPA): Legislation governing the handling of personal data, including salary information. Specifies requirements for consent and protection of personal information.

Contract Law (Common Law): Fundamental principles ensuring contract validity, including consideration, clarity of terms, and capacity to contract.

Competition Act (Chapter 50B): Ensures the NDA doesn't create anti-competitive practices, particularly regarding wage-fixing considerations.

Prevention of Corruption Act: Maintains balance between confidentiality and transparency, ensuring NDA terms don't obstruct corruption investigations.

NDA Key Elements - Definition: Clear definition and scope of what constitutes confidential information in the context of salary details.

NDA Key Elements - Scope: Detailed outline of confidentiality obligations and their boundaries.

NDA Key Elements - Duration: Specification of how long the confidentiality obligations remain in effect.

NDA Key Elements - Permitted Disclosures: Exceptions for legal requirements such as disclosure to tax authorities or compliance with court orders.

NDA Key Elements - Breach Consequences: Clear stipulation of remedies and consequences in case of confidentiality breach.

NDA Key Elements - Restrictions: Reasonable restrictions that are enforceable under Singapore law.

NDA Key Elements - Termination: Conditions and process for terminating the confidentiality agreement.

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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