Submit a question to our community and get an answer from real people.
Submit

Do I legally need to tell a perspective employee that my business is for sale? CA

Report as

Not legally, no.
But it would be nice of you. Unless the terms of sale will include keeping all current employees. Rotten to hire someone, and not tell them they could lose their job when the business is sold soon.

Helpful (2) Fun Thanks for voting Comments (1)
Report as
I'm actually the employee hired without that infirmation until two weeks after I was hired. SUPER LAME!
Report as
Add a comment...

I do not think you need to tell a prospective employer that your business is for sale. I believe this is because the prospective employer is not an actual employer yet and the dealings of the company are not his/her concern. You can consult with a layer to be sure and to know how to go about it.

Helpful Fun Thanks for voting Comments (0)
Report as
Add a comment...

I hate to sound like a stick on the mud but you might want to think about your moral obligation. You know, doing the right thing?

Helpful Fun Thanks for voting Comments (2)
Report as
It was me that was hired without being told about the sale...I just wanted to know if I have any rights regarding this..
Report as
Probably not legally. All I can say is regarding the employer. If he/she did this, SHAME ON THEM!!
Report as
Add a comment...

If you were a good and caring person you sure would tell a prospective employee about the sale of the company. What if this person was choosing between two jobs? It is not a happy surprise after an investment.

Helpful Fun Thanks for voting Comments (0)
Report as
Add a comment...

You don't have to tell them. Selling a company does not mean the loss of jobs. On the other hand telling them could mean a loss of employees which would have an impact of the sale of the company. I have built and sold two companies with no job loss except mine.

Helpful Fun Thanks for voting Comments (0)
Report as
Add a comment...
Do you have an answer?
Answer this question...
Did you mean?
Login or Join the Community to answer
Popular Searches