It is often a good idea for a business to develop an employee handbook, which sets forth the company’s policies regarding vacation, sick leave, holidays, benefits, and the like. The advantage of putting this type of information into one handbook, which is given to all employees, is that you are keeping workers abreast of their benefits. It is also a good place to state what is expected of them, in terms of hours, performance, and dress. An employee handbook also usually sets forth the company policy on terminations, retirement and severance pay. A well written handbook will contains an agreement by the employee, which should be signed by employees upon hiring, not to compete with the business of the company or solicit customers and it requires them to keep proprietary information confidential.