Important Wage Deferral Issues Facing Early Stage and Small Companies

WHEN

  • June 24, 2009 8:00 AM - 10:00 AM

WHERE

  • Emerging Enterprise Center at Foley Hoag
  • Bay Colony Corporate Center, North Entrance
  • 1000 Winter Street - Suite 4000
  • Waltham, MA 02451
  • Map

DESCRIPTION

Recent court decisions on the Massachusetts Payment of Wages statute call into question a practice of many early stage and small companies - the deferral of employees' salary until some financing or profitability targets are reached. At the same time, Massachusetts law significantly restricts the use of independent contractors in lieu of employees. As a result, many early stage companies struggle with balancing their legal obligations as employers with their financial means. Please join Foley Hoag lawyers Kevin Fitzgerald, Jonathan Keselenko and Paul Sweeney for a panel discussion on strategies for early stage and small companies to limit the risk of liability relating to employment disputes. Topics will include:

  • Owners as employees
  • Crafting permissible compensation arrangements
  • Using incentive compensation in lieu of salary
  • Immigration law concerns
  • Avoiding founder disputes that become employment disputes

RSVP to Natalie Shaw.