by virtue of the financial tool called "bankruptcy" it is meant that you need protection from all creditors and those liabilities of your business. It's probably one of the reasons that the company needs help. Technically you could hire counsel to force your rights as employees but I can tell you this......in terms of fallout and who's gonna get their money first, employees are low on the totem pole. All the other creditors will have their claims satisfied first, read more about Enron- they are going through the same thing.
Do employees get paid vacation time after a chapter 11 bankrupcy?
Chapter 13 should not affect your vacation time. In fact, it probably falls under the employment non-discrimination clause of the Bankruptcy Code, which prohibits current & potential employers from taking any action against you due to bankruptcy. If your vacation is paid as part of your regular pay, your withholding should continue just as if you were working. If you get a separate check for the vacation, discuss it with your trustee--especially if it's paid out like a bonus.
Bank employees are entitled to vacation leave that is part of the job. There is not a certain amount of vacation that they have to be given.
In the US, no employee has the right to paid vacation.
I would say that an Employer does have to pay their Employees earned vacation time or at least they should, ir's only fair that an Employer does that for their Employees.
Many states have passed laws that protect the primary residence only. You need to consult with an attorney who specializes in bankruptcy.
give them paid vacation
In the USA, normally employees in the private sector do not receive unused vacation pay when they resign or are fired. In the public sector, however, it is commonplace for public employees to receive pay for unused vacation pay. If a union is involved, then this issue will be found in the Union's agreement with the employees company or department. In many US States, even a resigning city school superintendent will receive pay for unused vacation days and even unused sick days.
Generally speaking: yes. But many countries allow company rules that say you must use up your vacation days for a given year in that calender year itself or within 3 months after the end of the calender year. After that, you may simply forfeit the right to the days not used up by then. In many countries companies also are under no obligation to pay out your unused vacation days.
You could say "Welcome back".
Yes, Tweeter electronics filed for bankruptcy twice. The first time they were bailed out by SAMCO (schultze asset management), and then Schultze declared them bankrupty 10/08. Customers who put down deposits got their deposits confiscated. Employees lost final paychecks and vacation time and warranties were sold, but not honored until the courts stepped in.
Most government employees don't need anybody's permission to go abroad on vacations.
For the term of their employment.
who was the first person to provide employees with paid sick and vacation time as well as a five-day work week.
In the US, there are no laws for employers to mandate vacation time off for employees, however many do offer paid vacations. Vacation time is determined by the company you work for.
Well, of course. There is no reason why they should be treated differently than other employees. Also, in many countries there are laws that specify that employees should have, at the least, a certain amount of vacation time every year.
Dolphin trainers do indeed get vacation days. These trainers are paid employees and are entitled to have rights like normal workers.
The President goes on vacation because he needs a break from his job. Most full time jobs provide employees with vacations.
At least four weeks a year.
that depends on who you are working for and how long you worked there
This will be a case by case basis. Your vacation time may be paid if the company is reorganizing after bankruptcy. However, there is no guarantee, especially if the company is closing its doors.
In a chapter 7, yes, you can keep your vacation if you have no equity in it. This assumes you have not run out and borrowed money against it knowing you were going to file bankruptcy. In a chapter 13, the equity is only relevant to the amount to be paid to the unsecured creditors. You don't "lose" the property.
No! Vacation and anytime off is not required by law. That said, if an employer pay out vacation for one employer, by best practice, they should pay out to all employees. If not, it may be considered discrimination.