What legal and ethical responsibilities does a firm have to its employees when it decides to cease operations?
Posted January 11th, 2010 by admin 2 Comments »
unNamed 1 asked:
Due to the increasingly high cost of doing business I have decided to close down. I was just wondering what exactly are the legal and ethical responsibilities that I have to my employees who have been with me for at least 5 years. Experience-based answers (from employees who have been laid off and employers who had to lay off workers) are more than welcomed.
Due to the increasingly high cost of doing business I have decided to close down. I was just wondering what exactly are the legal and ethical responsibilities that I have to my employees who have been with me for at least 5 years. Experience-based answers (from employees who have been laid off and employers who had to lay off workers) are more than welcomed.