Employer insolvency
If your employer is no longer able to meet their payment obligations, they are considered insolvent. Examples include repeatedly delayed or outstanding salary payments, non-payment of invoices and rental costs, or even a bankruptcy notice. For delayed salary payments, the employer owes you default interest. And in some circumstances, you can refuse to work, require an assurance for future salary payments, or even terminate your employment relationship with immediate effect.
See our template for more information on what rights you have and what steps you can take. We also have a sample letter you can use to send to your employer.