What is the name of your state (only U.S. law)? pa
the company i work for was purchased over 2 yrs ago. it appears our original owner (as part of his agreement) was to stay on for 3 yrs and then transition everything over. well less than the 2 yr mark, the new owner/company came in and let my owner go. now we have slowly transitioned certain things over to the new company. what does this do for the employees? do we now abide by the new companies rules? as employees are we entitled to the existing benefits of the new company? for example: they give their employees a bank of PTO days at the begining of the year. my old company will not let you take PTO unless you accure it. meaning the new company would give me a bank of 15 days effective 1/1/09, old company would only let me take PTO after i have work x amount of weeks when i am accuring 6 hrs per pay.
the company i work for was purchased over 2 yrs ago. it appears our original owner (as part of his agreement) was to stay on for 3 yrs and then transition everything over. well less than the 2 yr mark, the new owner/company came in and let my owner go. now we have slowly transitioned certain things over to the new company. what does this do for the employees? do we now abide by the new companies rules? as employees are we entitled to the existing benefits of the new company? for example: they give their employees a bank of PTO days at the begining of the year. my old company will not let you take PTO unless you accure it. meaning the new company would give me a bank of 15 days effective 1/1/09, old company would only let me take PTO after i have work x amount of weeks when i am accuring 6 hrs per pay.