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Should I paid my contracted wage/salary for the duration of my employment?

1 Answers. Asked on Mar 28th, 2017 on Employment Contracts - Ohio
More details to this question:
I was contracted, in writing, at a particular wage/salary @ Florida company. 8 months into the job I was asked voluntarily to take 6 month reduction in wage/salary for stock/unit options. No updated contract exists reflecting reduction. Company merged with other company and was laid off due to merger (no fault). Pay reduction lasted thru lay off. Does company owe me the delta between contracted wage/salary and monthly reduction for employment duration? Stock/units apparently no longer exist.
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Answered on Mar 29th, 2017 at 1:11 PM

This may be a breach of contract. You should contact an Ohio employment attorney to discuss your options further.

 

Ohio employment lawyer www.mcoffmanlegal.com

Matthew J.P. Coffman The answer provided is not legal advice and it is recommended that you seek advice of an attorney. My office # is 614-949-1181.

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Employment Contracts
Before signing an employment contract with a new employer or your existing company, have an attorney read and review the document. Job contracts, confidentiality agreements, non-compete agreements and other binding documents can seriously restrict your actions if you are job hunting or are being contacted by recruiters. A lawyer can review the documents, highlight potential problems and negotiate key points with your employer.
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