How to compensate employees if the company has no money in a closed account?

Legal analysis: if the company has no money in its closed account, it will be compensated with bankruptcy property. Workers can apply for labor arbitration first, and then apply to the court for compulsory execution with the labor arbitration. After paying off the bankruptcy expenses and * * * beneficial debts, the bankrupt property shall give priority to paying off the wages, medical care, disability allowance and pension expenses owed to the employees, and the owed part shall be included in the employees' basic old-age insurance, basic medical insurance expenses and compensation personal accounts.

Legal basis: Article 113 of the Enterprise Bankruptcy Law of the People's Republic of China stipulates that the bankrupt property shall be paid off in the following order after paying off the bankruptcy expenses and beneficial debts first: (1) The wages, medical care, disability allowance and pension expenses owed by the bankrupt to employees shall be included in the basic old-age insurance and basic medical insurance expenses of employees' personal accounts, as well as the compensation that should be paid to employees according to laws and administrative regulations; (2) Social insurance premiums and taxes owed by the bankrupt other than those specified in the preceding paragraph; (3) Ordinary bankruptcy claims. If the bankruptcy property is insufficient to pay off the repayment requirements in the same order, it shall be distributed in proportion. The wages of directors, supervisors and senior managers of bankrupt enterprises shall be calculated according to the average wages of employees of the enterprise.