Free Legal Advice Philippines

Disclaimer: This web site is designed for general information only and does not create attorney-client relationship. Persons accessing this site are encouraged to seek independent counsel for legal advice regarding their individual legal issues.

Log in

I forgot my password




You are not connected. Please login or register

PURCHASING OF ONE COMPANY..WILL THEY PAY THEIR EMPLOYEE

View previous topic View next topic Go down  Message [Page 1 of 1]

barbie25


Arresto Menor
hi,
our company has just signed ang MOU last Jan.9,2012. this is regarding the purchasing of company.
As per our VP said wala daw magbabago sa title and status ng company.All employees lenght of service daw is continue parin.
Ano po ba yung legal process ng pagbebenta ng 1 company?since magkakaron ng bagong may-ari? diba dapat lahat ng regular employees nito ay bayaran?
lahat po kami ay maraming katanungan ka kalagayan ng company namin.at hindi po malinaw ang mga sagot ng nasa itaas..
sana po ay mabigyan nyo kami ng payo...

View user profile

attyLLL


moderator
if length of service is continued, then separation pay is not required.


_________________
[i] Visit our FB Page: BPO Employee Legal Advice
Warning and Disclaimer: I am not your lawyer; and you are not my client. With the limitations of an  Internet forum, a thorough review of your concern is not possible. View my comments at YOUR OWN RISK. It is best to actually retain a lawyer for your individual concerns.
View user profile

barbie25


Arresto Menor
how can we assure that the lenght of our service is still continue? kindly advice where can we confirm this?

View user profile

attyLLL


moderator
write a letter to management


_________________
[i] Visit our FB Page: BPO Employee Legal Advice
Warning and Disclaimer: I am not your lawyer; and you are not my client. With the limitations of an  Internet forum, a thorough review of your concern is not possible. View my comments at YOUR OWN RISK. It is best to actually retain a lawyer for your individual concerns.
View user profile

barbie25


Arresto Menor
thanks for your prompt response,
another question po,
ibig nyo pong sabihin kahit magpalit ng name ang company at still continues yung lenght of service di parin po sila obligado magbayad ng employee?

kung sakali man po na mag back to zero yung lengt of service?pano po ang system ng bayaran nun?100% po ba?
since purchase of company naman po sila hindi naman sila nalugi...

View user profile

attyLLL


moderator
change of name is a bit tricky. if they bought the shares, or just changed name, then tenure continues.

if there was no merger, but let's say a purchase of goodwill, brands and equipment, then the employees can be hired by the new company as new probees, but they can claim separation pay from the previous employer.


_________________
[i] Visit our FB Page: BPO Employee Legal Advice
Warning and Disclaimer: I am not your lawyer; and you are not my client. With the limitations of an  Internet forum, a thorough review of your concern is not possible. View my comments at YOUR OWN RISK. It is best to actually retain a lawyer for your individual concerns.
View user profile

Sponsored content


View previous topic View next topic Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum