Peoples' decision to work is about more than just "are you paying me money?"
If my company got sold to e.g. the Family Research Council, I'd like to know that my work is now benefiting an organization I vehemently oppose. Obviously an employment contract might spell out whether I must be privy to such a sale, but I was wondering whether disclosure is compulsory even in the absence of such a guarantee in an employment contract.
By the same token, do you feel compelled to tell your employer when you are interviewing for other jobs, talking to recruiters, or simply bouncing ideas off friends/potential business partners for a company you may start?
The author has responded and clarified that of course everyone knew as soon as the deal was finalized, so my whole point is moot.
The analogous case is not when you're interviewing for other jobs, but when you have taken one. At that point, yes, I feel compelled to tell my current employer.
If some sort of shareholder vote were necessary to sell, then they'd need to know ahead of time. If not, the sale could happen, but employees should know immediately thereafter. And it sounds like they did!
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I don't see why not? They are still getting paid according to contract, and can leave at any time.
Peoples' decision to work is about more than just "are you paying me money?"
If my company got sold to e.g. the Family Research Council, I'd like to know that my work is now benefiting an organization I vehemently oppose. Obviously an employment contract might spell out whether I must be privy to such a sale, but I was wondering whether disclosure is compulsory even in the absence of such a guarantee in an employment contract.
By the same token, do you feel compelled to tell your employer when you are interviewing for other jobs, talking to recruiters, or simply bouncing ideas off friends/potential business partners for a company you may start?
The author has responded and clarified that of course everyone knew as soon as the deal was finalized, so my whole point is moot.
The analogous case is not when you're interviewing for other jobs, but when you have taken one. At that point, yes, I feel compelled to tell my current employer.
If some sort of shareholder vote were necessary to sell, then they'd need to know ahead of time. If not, the sale could happen, but employees should know immediately thereafter. And it sounds like they did!
What if the company were always owned by the FRC, and you just didn't know? What options would you have other than quitting, once you learned?
What if the owner sold FRC an annuity that paid the all his profits, but didn't sell the company?