Posts tagged Compensation Plans.
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5 minute read
Preparing the terms of employee compensation can be a resource-intensive task requiring input from stakeholders across numerous departments, including human resources, finance, and legal. However, as the Massachusetts Appeals Court’s recent decision in Alfieri v. Merrimack Pharmaceuticals, Inc. demonstrates, investing those resources to complete the task will pay dividends when an employer is faced with a potentially costly claim for unpaid wages.
Background
In May 2014, Merrimack Pharmaceuticals, Inc. sent Michael Alfieri a letter offering him the position of ...
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