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Can a company lower wages after merger?

I currently work for Alltel, but we are being bought out by Verizon. Can they legally change out wages once the merger is complete?

Unless you have a union or personal services contract with the firm, yes they can, as long as they do not lower them below minimum wage.

This entry was posted on Tuesday, February 16th, 2010 at 2:50 pm and is filed under merger. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “Can a company lower wages after merger?”

  1. Steve D says:
    February 16, 2010 at 8:26 pm

    Unless you have a union or personal services contract with the firm, yes they can, as long as they do not lower them below minimum wage.
    References :

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