Protecting Your Business When An Employee Resigns And Potentially Moves To A Competitor

“The Great Resignation” has been a hot topic over the last year, and many business owners are feeling the impact of a tight labour market.  So how do you protect your business when an employee resigns?  Especially if they move to a competitor.

 The reality is that people leave businesses for various reasons – more money, better benefits, possibly a better geographical location – so it’s important to know you’re rights as an employer to protect your intellectual property, your client relationships and the future revenue/sales for your business.

 In this episode, Alex and Dave discuss the legal and practical ways that business owners can ensure minimal impact when an employee moves on.  Tune in for their thoughts on everything from employment agreements to virtual control mechanisms to physical property.

David Murdoch is a Wealth Activist® at paxtonbridge.com. Alex Martin is Partner of tauruslawyers.com.au. No drinks were harmed in the making of this episode.