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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?

8 Answers

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  • 1 month ago

    You were presumably already paid for the time you worked. What additional compensation are you talking about?

  • 2 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.

  • 2 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 W
    Lv 7
    2 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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  • Tavy
    Lv 7
    2 months ago

    Why? You were paid ?

  • ?
    Lv 7
    2 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.

  • 2 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.

  • 2 months ago

    Have you not been paid for 17 years?

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