Look before you leap – does your employment contract prevent you from starting a new job? With the economy entering what we hope is a recovery phase we are seeing an increase in senior employees looking to start new jobs running up against restrictive covenants in their employment contracts.
An employer has been awarded only £2 for its former employees’ breaches of their confidentiality duties, rather than the £15 million it claimed.
Starting up a new enterprise can be a daunting task. Read our top three employment law tips for new businesses.
Damages for breaches of post termination restrictions may reflect the price agreed in a negotiation to free the employee from restrictions.