Missed Payroll in the Wake of Bank Collapse: Implications, Strategies, and Minimizing Risk
Proskauer's Employee Benefits & Executive Compensa
MARCH 16, 2023
Under some of these laws, payment of certain kinds of wages ( e.g., overtime wages) can be delayed until the following regularly scheduled pay day, but only if the wages cannot be computed in time with reasonable diligence. Employee Benefits Considerations Missed payroll can impact employee benefit plans.
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