employment

REVIEW OF SOME CHANGES INTRODUCED IN THE NEW FINANCE ACT 2020

The amended Finance Act was signed into law on 31st December 2020 and came into effect on 1st January 2021. The new law, among other objectives, seeks to increase government revenue while supporting struggling small businesses in Africa’s largest economy. The new law introduces over 80 changes to 14 different laws that will affect all […]

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WHAT YOU NEED TO KNOW ABOUT NON-DISCLOSURE AGREEMENTS (NDAs)

A non-disclosure agreement (NDA), also known as a confidentiality agreement (CA), a confidential disclosure agreement (CDA), a proprietary information agreement (PIA), or a secrecy agreement (SA), is a legal contract or part of a contract between at least two parties that outlines confidential material, knowledge, or information that the parties wish to share with one

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WHAT YOU NEED TO KNOW ABOUT EMPLOYMENT CONTRACTS

An employment contract, also known as a contract of employment, is an agreement that covers the working relationship between an employer and an employee. It allows both parties to clearly understand their obligations, responsibilities, and the terms of employment. An employment contract must clearly define all terms and conditions of the employment relationship. Under Section

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SHORT ANALYSES OF THE EMPLOYEE COMPENSATION ACT, 2010.

The Employee Compensation Act, 2010 (the Act) is the extant law governing the payment of compensation to all employees both in the public and private sector except members of the armed forces. It mandates all employers to contribute 1% of the total monthly payroll into the compensation fund and entitles all employees to claim compensation

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