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Company / Laws

If the Director does not receive a salary

Question - answer - Legal advice 18.04.2019 at 17:59

Question - answer - Legal advice

General Director without employment contract and wages is a common situation in small developing companies. Understand whether this situation is whether it meets legal standards and how to apply head. Let's start with the question: can the Director-General to work without wages? It all depends on the status of the employee. For example, if it is experienced and qualified Manager, involved in the business side, you will have to pay anyway. Hardly a top Manager will agree to work as a volunteer. Another question: could the Director not get paid if he the founder? Can. But it may get. The situation relevant for the weak, only growing business when the entrepreneur tries to spin. Additional costs in the form of private wages unprincipled and irrational.