Being a general manager of a company has its perks, often a higher salary without the headaches of ownership. However, according to a recent blog entry on The Employer Handbook, it could also put you at risk for certain employer debts.
As Eric Meyer explains, a Pennsylvania federal court opinion already determined that “the Fair Labor Standards Act definition of ‘employer’ is broad enough to bestow personal liability for a company’s wage-and-hour debts upon its president and chief executive officer.”
