Insider Inc., the company that includes Business Insider and general interest news site Insider, has asked all of its employees to sign a new confidentiality and proprietary developments agreement, reports Maxwell Tani of The Daily Beast.
Tani reports, “Several Insider employees, who spoke with The Daily Beast on the condition of anonymity because they were bound by these contracts, said that some staffers had previously signed agreements that included a non-disparagement clause, while others said they did not recall signing such paperwork. The company has had non-disclosure clauses in employee contracts for at least the last three years.
“According to two sources, as of last week, several employees still had not signed the agreements, which were due to human resources earlier this month.
“The new contract also asked employees to agree to mandatory arbitration with the company. While arbitration can often be a quick, cheap, and efficient means for employees and employers to settle claims, critics have argued that forced arbitration can often be a friendlier venue for employers than complainants.”
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