General Question

RedDeerGuy1's avatar

Can one defer ones wages for a year or more?

Asked by RedDeerGuy1 (24986points) May 5th, 2021

While working for a start up business to become profitable?

Or do I need to own part of the company?

Observing members: 0 Composing members: 0

2 Answers

YARNLADY's avatar

That would depend entirely on the employment agreement. It’s not a normal business practice.

YARNLADY (46619points)“Great Answer” (1points) Flag as…
Inspired_2write's avatar

Maybe a contractor would draw up an agreement to house and feed the employee and pay lump sum later..a bit risky if employer not honest.

Inspired_2write (14486points)“Great Answer” (2points) Flag as…

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