Labor and Employment Seminar: Important Wage Deferral Issues Facing Early Stage and Small Companies

Location

Emerging Enterprise Center at Foley Hoag

Bay Colony Corporate Center, North Entrance
1000 Winter Street - Suite 4000
Waltham, MA 02451

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Date/Time

June 24, 2009 8:00AM–10:00AM

Description

Presented by Foley Hoag LLP

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.

Topics to be discussed:

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

Speakers:

Schedule:

  • Registration and breakfast: 8:00 am 
  • Program: 8:30 am - 10:00 am