Officers and Managers Risk Personal Liability for Knowingly Withholding Wages

by Stuart Campbell on January 13, 2010 in Corporate Law, Managers, Officers, Personal Liability, Wages, Withholding Wages with No comments

In these challenging economic times company officers and managers should be reminded that under applicable federal and state law they can be personally liable if they knowingly fail to pay employee wages. If making payroll becomes challenging, companies should consider other alternatives to reduce expenses, including salary or hour reductions, rather than not paying employee wages. See a more detailed discussion here.

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