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from old company to new company

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1 from old company to new company on Wed Sep 08, 2010 10:48 am

budz


Arresto Menor

hi atty! i just wanted to ask you about my present employment. My present company give us papers to sign that we are transferring to a new company. Actually its all for documentation. From single prop to corporation and they change tha registered name of our company. Written in the papers is that we will have the same benefits, salary, continous employment etc. Is it ok to sign with this agreement? is it advantageous for us? thank you!

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2 Re: from old company to new company on Wed Sep 08, 2010 7:13 pm

attyLLL


moderator
i don't see any problem as long as your seniority is carried over. if you are starting as a new employee then you should be paid separation pay first.


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3 Re: from old company to new company on Wed Sep 08, 2010 7:24 pm

budz


Arresto Menor
Regarding separation pay, i am employed in Company X for 6 years, this company will cease operation this year. and they offer a transfer of employment to a new company (Y). what if i will not accept the offer, will i be entitled to a separation pay?

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4 Re: from old company to new company on Wed Sep 08, 2010 7:33 pm

attyLLL


moderator
yes, it should be monthly basic salary x 6 years.


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