How to compensate employees when the company goes bankrupt and the boss runs away?

Legal analysis: 1. Apply to the local labor department for arbitration. Because the establishment of labor relations between the company and employees does not affect employees' rights protection measures after the company boss runs away, employees can still apply to the labor department for arbitration.

2. Apply to the court for asset preservation and liquidate the assets of the auction company. In addition, if the company enters bankruptcy proceedings, employees can not only recover their wages, but also get economic compensation according to law.

Legal basis: Article 132 of the Enterprise Bankruptcy Law of the People's Republic of China. After the implementation of this Law, if the wages, medical care, disability allowance and pension expenses owed by the bankrupt to employees before the date of promulgation of this Law, the basic old-age insurance and basic medical insurance expenses owed to employees' personal accounts, and the compensation that should be paid to employees according to laws and administrative regulations are not paid off in accordance with the provisions of Article 113 of this Law, it shall be regarded as Article 100 of this Law.

Article 47 of the Labor Contract Law of People's Republic of China (PRC) * * * The economic compensation shall be paid according to the standard that the laborer pays one month's salary for each full year of working in this unit. For more than six months but less than one year, it shall be counted as one year; If it is less than six months, economic compensation of half a month's salary shall be paid to the workers.