Can benefits be selectively changed for a small group
I work for a large US company, part of a multi-national. The company has US-wide benefits policy for all 20000 employees.
The company purchased a small company. My unit with 125 employees was integrated in to the newly purchased and merged company. Both old and new employees are part of the 20000 employee US company
We are told that our benefits will be reduced to match the lesser benefits of the new employees. We'll lose our severance policy and the bonus plan is significantly modified.
Is this selective reduction of benefits for a small group legal? Can our severance pay be reduced or negated? Can our bonus plan be changed so dramatically when the rest of the 20000 employees continue with no change to their's?
Answers (1)
Thanks,
Arkady Itkin
San Francisco Employment Lawyer
posted by Arkady Itkin | Feb 12, 2011 6:48 PM [EST]
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