Q: If a larger entity buys out the company I work for, can they change employee benefits?
A: It depends on how the larger company acquires your company. If it purchases its assets only, it is likely that it can all the benefits and will offer all or less than all current employees whatever benefits it currently offers its other employees. If it buys the company's stock, unless it is bound by a union contract or an employee contract it can change the benefits but things like pension plans, 401K plans can be changed but there is a more complex way to do that under the legal requirements. Most likely the benefits will remain the same initially, but things like medical insurance may change as the larger company may use a different company than your company does. Frequently, larger companies have equivalent or better medical insurance coverage than smaller ones as they have a bigger base to spread costs over.
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