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worked for Residence inn Alamo Plaza for 17 years the company sold out, do I get any compensation for the time I worked there?
- NosehairLv 71 month ago
You were presumably already paid for the time you worked. What additional compensation are you talking about?
- STEVEN FLv 72 months ago
Your received PAY for 17 years. That is ALL you are entitled to receive.
If they were not sold, but just decided to close down, you would be legally entitled to apply for unemployment. As it is, you are not even entitled to that unless the new owners reduce the workforce, and you end up unemployed.
- SlickterpLv 72 months ago
Yes, all the pay you earned during that time was your compensation for working there. Are you entitled to anything extra? No.
- DON WLv 72 months ago
Are you saying that the new owners terminated your employment? I ask because sometime the new owners are happy to keep on the former staff, rather than having to rehire a whole new team.
As for your former employer, they have no obligation to pay you beyond for the time you worked while you were employed by them. It's possible, but not very likely, that they will give their staff a present or a party, before they turn over the property to the new owner.
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- TavyLv 72 months ago
Why? You were paid ?
- ?Lv 72 months ago
That would be a matter you should take up with the HR department of whatever corporation bought out the company you were working for.
- Eugene DLv 62 months ago
No. Unless it was in your hiring contract.
No company is obligated to compensate you for anything other than your salary and benefits that were in the hiring contract.
If a company makes millions or something similar, again, they are not obligated to compensate you for their fortune.
To an outsider, it's like you are asking for something in exchange for nothing. Like a friend winning the lottery and you expect them to give you some of it.
- Dru ZodLv 62 months ago
Have you not been paid for 17 years?