Legal Question in Employment Law in New York
seniority after severance pay
do employees that recieve severance pay maintain their seniority after a merger or would they go to the back end of the new companys seniority list. I am under the impression that once severance is recieved that their status in their shop is ceased and they would become new hires at a new shop.
Asked on 3/07/06, 2:22 pm
1 Answer from Attorneys
Stephen Loeb
Law Office of Stephen R. Loeb
Re: seniority after severance pay
This is an issue that would be open to negotiation prior to the merger deal, if it's a union shop you should speak to your representative who should have an answer for you.
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Answered on 3/07/06, 5:05 pm