Legal Question in Employment Law in Massachusetts
Offer Letter before Company is Bought Out
I accepted a position with a small company. I negotiated an extra week of vacation that was specified in th offer letter I signed. Six months later, the company was acquired by a large corporation. This large corporation stated that any negotiated vacation and benefits were not being recognized. Do they have the right to change the terms of the original offer that was accepted and signed by the original executives and myself?
Asked on 10/23/07, 1:26 pm
1 Answer from Attorneys
Philip Gordon
Gordon Law Group, LLP
Re: Offer Letter before Company is Bought Out
Companies may change vacation policies in certain circumstances with proper notice, but they can't take away earned vacation benefits retroactively.
Answered on 10/23/07, 2:07 pm
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