DATA FOR SALE, am i aloud?

Question

Whilst working at a bar in my town, I saved a years worth of financial data on my memory stick (years targets in daily and weekly format, department sales and targets, best sellers and how any of each were sold, basically it shows what thee takings were each and everyday in totals and department) is this illegal if I was to sell this to a very similar bar in my town as it would be very useful to them, if it is illegal what are the consequences, how much is this data worth? There weekly takings were £15,000

Can I just add this bar I worked for sacked me cause I had to take tie off work (2days) while my partner was having our baby I did inform them of this but they deny all knowledge

Answer 1

Yes, Its Illegal If you were from USA, UK, Israel, UAE, Egypt, Or Australia.. as an employee, you can't disclose any secrets, data.. or know-how. In order to protect these vital secrets, companies routinely add a special addendum to hiring contracts called a confidentiality clause. A confidentiality clause is a legally binding agreement between employers and employees which assigns severe penalties if certain secrets are revealed. Participants on game shows or personal assistants to celebrities may also be asked to sign a confidentiality clause.

The penalty phase of a confidentiality clause is usually financial in nature, although the employer may seek other forms of relief in court. Typically, a confidentiality clause for contestants on a reality game show would assign a multi-million dollar fine if anyone revealed the eventual winner to the press. Since very few contestants could afford such a financial blow, they usually remain silent until the information is no longer considered secret.

In the corporate world, a confidentiality clause offers protection against former employees who might use confidential information at a new workplace. This doesn't mean an engineer cannot draw on his general work experiences elsewhere, but he or she cannot take photographs of specific machines or use secret formulas or processes. A confidentiality clause alone cannot force former employees to forget names on a client list or the contact information for suppliers. What it can do is provide enough financial and legal incentive to discourage former employees from using 'objective' information gathered from the job.

One difficulty with a confidentiality clause is enforcement. It is always possible that a company's secret formula may be revealed by someone other than a former or current employee. In order to prevail in court, an employer would have to have compelling evidence that a specific employee violated the terms of the confidentiality clause. They would also have to establish that the employee revealed truly confidential information, not merely a basic process or non-exclusive formula.

Another problem employers may face with a confidentiality clause is the true effectiveness of financial penalties. While a maid working for a celebrity may not be able to afford a $4 million fine for revealing intimate details, a top chemist for Coca-Cola might not feel so threatened. The financial penalties connected with breach of a confidentiality clause must be commensurate with the level of potential damages. A disgruntled contestant on a game show might decide to reveal the winner's name regardless of the confidentiality clause. Even if the producers successfully sue for a $4 million fine, the potential damage to the show's commercial appeal could be much higher.

You can only sell such data if it wont harm the previous employer of you. or it can be easily gathered or collected through the internet. or its a common data that is not exclusive to the old employer.. It can be worth 30 - 60 Thousand USD.

Answer 2

Sharing a trade secret is violation of law since it is inimical to the operation of a business. Thus, you could be prosecuted if found that the source of your information came from the bar where you worked with.

Answer 3

This is illegal as this information legally belongs to the old bar you worked for. You should delete the information, most bars wouldn't bother buying it anyway.

Answer 4

3 words: Data Protection Act
As an employee you have an implied loyalty to the company - revealing any such info is contrary to the DPA.

Answer 5

You will never get a job every again because nobody is going to hire you, you untrust worthy skank. I would fire you too.

Answer 6

why would you do that? you must have been planing it all along so i dont know why you are asking about the consiquences.