What is the name of your state? GA
I work in an IT enviroment, and the company I work for just lost a huge contract at the site I am at. All techs were told there were no positions available at any other site and that their information would be forwarded to the company taking the contract. We were told that effective immediately, no one could use their earned vacation, and they would lose what vacation they had effective the end of the month (when the contract is up). They are only considering (not committing to paying) severance to those who are not offered a position with the new company. I understand that severance is left to the discretion of the employer, but can they say that we can't use the vacation earned, and then not even pay it out? What leg do we have to stand on? What are the laws in Georgia regarding this? And what about medical insurance? Is there a certain amount of time we are allowed the insurance or is COBRA the only option?
I work in an IT enviroment, and the company I work for just lost a huge contract at the site I am at. All techs were told there were no positions available at any other site and that their information would be forwarded to the company taking the contract. We were told that effective immediately, no one could use their earned vacation, and they would lose what vacation they had effective the end of the month (when the contract is up). They are only considering (not committing to paying) severance to those who are not offered a position with the new company. I understand that severance is left to the discretion of the employer, but can they say that we can't use the vacation earned, and then not even pay it out? What leg do we have to stand on? What are the laws in Georgia regarding this? And what about medical insurance? Is there a certain amount of time we are allowed the insurance or is COBRA the only option?