What about the wages of employees who declare bankruptcy?

Legal analysis: after the company goes bankrupt, the wages of employees in the enterprise should be paid off first. After the company pays off the beneficial debts and bankruptcy debts, it will enter the process of paying off the employees' wages. Specific items include employees' salary, medical care, disability allowance and pension, in addition to employees' compensation stipulated by laws and administrative regulations.

Among them, the calculation of employee's salary should take the employee's working years in the company as a reference. The compensation will be paid for one month for every year of employees' work. Less than one year, but more than six months, according to one year. Less than six months, pay compensation for half a month's salary.

Legal basis: Enterprise Bankruptcy Law of the People's Republic of China.

Article 113 After the bankruptcy expenses and debts are paid off first, the bankruptcy property shall be paid off in the following order:

Wages, medical care, disability allowance and pension expenses owed by the bankrupt to employees, basic old-age insurance and basic medical insurance expenses owed to employees' personal accounts, and compensation that should be paid to employees according to laws and administrative regulations;

Taxes and social insurance premiums owed by bankrupts other than those specified in the preceding paragraph.