When hired by a California company my Employment offer letter had "guaranteed annual bonus" of $20,000 which I accepted and signed.
After the first year I had to fight and argue to get paid that bonus 4 months late. I have been with this firm now for 4 years and since the first bonus I have only been paid $5K. To date this company owes me $55K in guaranteed bonus compensation. I keep being told that they don't have the money. However during this period this company has hired new people with similar offers and now refuses to pay them as well. These new offers were being made while the company still owed me my bonus. I would consider this fraud. Outside of quitting my job do I have any recourse? If I were to quit what are my chances of ever seeing this money? I recently relocated from California to Tennessee. Where would I litigate this issue if warranted?
Thank you.
After the first year I had to fight and argue to get paid that bonus 4 months late. I have been with this firm now for 4 years and since the first bonus I have only been paid $5K. To date this company owes me $55K in guaranteed bonus compensation. I keep being told that they don't have the money. However during this period this company has hired new people with similar offers and now refuses to pay them as well. These new offers were being made while the company still owed me my bonus. I would consider this fraud. Outside of quitting my job do I have any recourse? If I were to quit what are my chances of ever seeing this money? I recently relocated from California to Tennessee. Where would I litigate this issue if warranted?
Thank you.