do you have a contract now? If so, have they breached it by changing your pay? If so, deal with that problem. If you do not have a contract, no written contract or agreement is required.Also, should we have to sign new contracts or agreements?
as to changing your pay method:
did your effective pay drop?
what the CFO said previously is not enforceable.
not allowing or not paying for overtime? If simply not allowing; that is their prerogative. If not paying, then there is a problem.not allowing for overtime.
ask them. They can terminate the offering of a severance package if they so choose, just as they can change your pay method or even your pay rate.Also, if our department closes, we were promised a severance, as salary employees. Now that we are hourly, can they decided there will be no severance paid if our department closes?

