not knowing their new salary. Is this right? The company has not told them. Is there something that will tell the company that prior to the employees signing documents stating if they plan to stay or go, the company should disclose the new wage if an employee opt to stay?
2006-08-08 13:05:22 · 4 answers · asked by Timothy J 1 in Business & Finance ➔ Corporations
Yes, sadly this sort of thing happens frequently. If your current employer is giving the workers letters that states that as of the effective date (date of sale) they will be out of work,, then take that letter to your local unemployement office. the unemployement office has lots of services & programs to help people & find better work.
I recommend from personal experience that if that ever happened to me again, I would not to work for the new company. The old owners had to disclose all sort of info to the new buyer, like the payroll cost and all the names and coinciding wages. The new owners made a lot of promises and didnt keep any of them, after the sale, they interviewed the management, and offered them either the same pay or less then (offered some a pay cut from salary to an un equal amt as hrly worker). About a month or less they fired the management staff and found someone else to do their jobs for cheaper. And they offered a few people higher wage, so they would want to stay after the others were fired. Once the management was gone, the new owners started cutting wages severely to the hourly staff!! It was an ugly scene. The new company has no intention to tell you the wage, but if you decide to stay, make sure you get whatever they offer/promise you in writing..
2006-08-08 15:37:07 · answer #1 · answered by dakotanmisty 4 · 0⤊ 0⤋
This is a case of "musical chairs".
It's going on everywhere.
When will somebody put their foot down and say enough is enough.
All these gimmicks to get rid of workers, while somebody is getting very fat.
Figure out who's getting fat, and write to your elected official about this.
Tell the politician that if they want to stay in office, you want your job and no gimmick!
2006-08-08 20:40:20 · answer #2 · answered by Anonymous · 0⤊ 0⤋
They should all take the buy out because they'll never know if they have a job in a month.
2006-08-08 20:51:21 · answer #3 · answered by NOVA50 3 · 0⤊ 0⤋
Presumably you get your current pay. That won't say down the road there will not have pay-cut.
2006-08-08 20:40:35 · answer #4 · answered by hahagoodguy 2 · 0⤊ 0⤋