Oregon Employee Agreement Incentive Compensation and Stock Bonus
Description
How to fill out Employee Agreement Incentive Compensation And Stock Bonus?
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FAQ
When an employee who does not have a contract for a definite period quits employment, all wages earned and unpaid at the time of quitting become due and payable immediately if the employee has given to the employer not less than 48 hours' notice, excluding Saturdays, Sundays and holidays, of intention to quit ...
Oregon Revised Statutes (ORS) §652.140. A similar rule applies if your employer fires you or lays you off, in that they have to pay you no later than the end of the next business day. In Oregon, this also means payment of any benefits such as paid vacation time the company owes you.
Expansion to Oregon's Workplace Fairness Act Effective January 1, 2023, additional restrictions on settlement and severance agreements include language that prevents a non-disparagement provision as related to sexual assault or harassment claims.
An employer, however, is prohibited from relying on prior salary to justify a pay difference between employees of the opposite sex, or different race or ethnicity, who are performing substantially similar work because that violates the Equal Pay Act.
Compensation includes wages, salary, bonuses, benefits, fringe benefits, and equity-based compensation. It does not include tips or reimbursements for any actual costs incurred by the employee, such as mileage, out-of-pocket expenses, or relocation reimbursements.
The general rule is: it is wrongful to discharge an employee for fulfilling a societal obligation or asserting rights directly related to his or her role as an employee that are guaranteed by contract, statute, constitutional provision or a public policy.
ORS 652.150. The civil penalty may not exceed 100% of the unpaid wages if the employer pays the wages due within twelve days after written notice of nonpayment is sent to the employer provided the employer has not willfully violated the final pay provisions of the law in the preceding year.