Has anyone seen a seller rescind stay bonuses for employees that accept offers from the purchaser to stay at the property after the sale?

Has anyone seen a seller rescind stay bonuses for employees that accept offers from the purchaser to stay at the property after the sale?

Yes, watched it with my own eyes on a sister property where the staff had been there over 18 yrs!
Seller from California at one time, was like family and relied on his staff for everything!
He was able to get everything needed for the sale, but left that staff out completely on the bonuses! 🤨

This is terrible…but were they told they were getting bonuses and then they didn’t get paid??

Anonymous member yes! Absolutely! If they helped get all documents and help with transition, bonuses for all… Didn’t happen, and at Christmas time a year ago.

It’s sad.
But my take from it all, is take care of you and your family. Sometimes you just have to go with your gut, not promises of others. 😞

I guess it would depend on how it was communicated. If the “bonuses” were severance pay, then I can see not paying them to people whose employment was NOT severed and they continued on with the property.
But if the bonuses were retention bonuses and people had been told they’d receive them if they stayed until the end, they should get them, regardless whether or not they are hired by the new owner.