Hey guys, throwaway account here for obvious reasons.
I am currently a full-time employee who works for this company that started three months ago in my hometown. This company originated from the US and this is their first location in my area. I worked first as a contractor and became an employee with benefits. I, however, had not yet been paid for my first invoice as a contractor and that was probably two months ago (I should’ve noticed the first red flag, huh)
Well, according to a meeting I had with my CEO, apparently we were struggling with money since June and this struggled to pay the contractors. Luckily I only did a week worth of work as a contractor. I fortunately got paid (with a slight delay of 3 days) for my hours recently, but now I am afraid that what if they can’t pay the employees? So should I just leave and go to another job that will readily hire me?
I am honestly so lost onto what to do. I recently am recovering from a depressive phase and was proud of myself getting a job. But I have no experience of a company going into chapter 11 and they might even fall into chapter 7 if all fails…
Does anyone have a similar experience to mine, and if so what did you do?