Employees

unpaid salary

Anonymous

June 6th, 2019

I worked for a company and company spent hard time financially and paid only 1/4 of salary last year. At the beginning, CEO said it could be temporarily only for couple of months but it lasts for 8 months. I left that company and the company was in process of M&A. Recently the company was acquired by other big company. My unpaid salary is about 29K but CEO paid 2K after merge process. What can I do to get the rest of unpaid salary?

Derick Dorner Founded and sold successful companies in the recent past, new stuff on the horizon :)

June 7th, 2019

Is this in the US? If you're unable to make any progress (sounds like you've tried) I recommend speaking with an employment law attorney to understand your options. Sometimes, all they need to do is send a letter to help the company understand their liabilities.


Paul Garcia marketing exec & business coach

June 7th, 2019

Unfortunately your recovery options are only as good as the contractual agreements you signed, and your stomach for pursuing legal action if there are any assets that can be captured. This is not something we can solve or even speculate on because we don't know what the agreement states and what assets are present.

Dane Madsen Organizational and Operational Strategy Consultant

June 7th, 2019

If you are in the US, you can contact your State labor board (Wage & Hour divisions) to file a complaint. Depending on the details, they supply the legal support to get your wages.

Johny Rulan

June 7th, 2019

I recommend speaking to an attorney and bringing a copy of your original documents when you started working (offer letter, tax documents, contracts) and make a case to file for a lawsuit to retrieve unpaid wages.


Note: Do this as soon as possible. The longer you wait, the weaker the chances becomes in retrieving the money.

Anonymous

Last updated on June 7th, 2019

Yes, this is in the US.

One question, the company acquired this does not have any responsibility for this unpaid salary at all?