My company was acquired and the sale was final on Sept. 29th. Two weeks later the company announced that they were planning to move from the in house payroll/HR system to outsourced solution. On that day they told us our jobs would eventually be eliminate
I have accepted the first 50% of the retention bonus, but now that the deadline has been pushed out, I don't know if I can really wait. Unfortunately, I am not in a financial position where I can't wait for them to terminate me with little to no advance warning. I am not guaranteed a severance package and I fear that they will rationalize the retention as severance. I am trying to get a real answer for what is the worse case scenario for the company to require the payback of the retention.
0 answers | asked Feb 21, 2020 08:14 AM [EST] | applies to Michigan
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