New agreements struck in Sweden concerning competition clauses and employee inventions

In some cases companies make the employee sign a non-competition clause to ensure loyalty and confidentiality during a certain period after termination of the employment. The newly struck agreement applies to all enterprises where there are trade secrets, not as before, focused primarily on companies in the industry.

Regarding the employees’ invention, the ownership of the invention generated with the use of a company’s resources will belong to the company. The employee is entitled to reasonable compensation for any invention and with this new agreement the compensation has been increased.

More information can be found here (in Swedish):