Statutory Minimum Calculation Rules for Post Employment Non Compete Compensation
Statutory non-compete compensation requires a monthly payout of at least 30% of the prior 12-month average gross wage, subject to local minimum wage floors.
Shenzhen Trade Secret Regulations
Meaning
Local administrative rules govern the identification and protection of confidential business information within the municipal boundaries of the special economic zone. These shenzhen trade secret regulations set higher local standards for employee confidentiality and define the technical measures necessary to prove a secret exists. They offer local firms a clear framework for defensive information management.
Technical Barrier
Protection requires information owners to demonstrate specific efforts to restrict access, such as password locks and signed non-disclosure agreements. Under the shenzhen trade secret regulations, a company must keep detailed logs of who accessed sensitive designs or customer databases. These local laws emphasize the proactive role of the firm in maintaining secrecy.
Judicial Remedy
Compensation for infringements can be calculated based on the actual loss to the owner or the illegal profit gained by the infringer. When the shenzhen trade secret regulations are invoked in a local court, they permit the use of expert appraisals to determine the commercial value of the stolen data. This process speeds up the recovery of losses in high-technology sectors.
Operational Duty
Companies must incorporate specific notice language into their work manuals to ensure employees are aware of their secrecy obligations. Because shenzhen trade secret regulations recognize varied forms of confidential data, items like pricing lists and vendor terms receive protection. Constant monitoring of security protocols is necessary to keep these rights enforceable.