My employer over paid me thousands of dollars
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This is complicated, especially if it was over the course of time. You say you paid taxes on the money, but did you also file after the mistakes were made? That could be problematic with Uncle.
If they'll let you pay it back over time, go with that.
If they insist on getting it all at once, I would just pay it back... in pennies.So, are you willing to put forth a little effort or are you happy sitting in your skeptical poo pile?
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Buy my Krell...
Oh wait...you have to give it back?
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I don't want to work for them now but I am hanging on for my 30 year bonus. Lots of time and half, double, and triple time over paid. I wouldn't know where to start figuring out if they get it right. This slipped through at least three levels plus automatic triggers that should have caught or stopped it but they all failed. Confidence level: 0
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I got 28k worth of stuff you can buy"....not everything that can be counted counts, and not everything that counts can be counted." William Bruce Cameron, Informal Sociology: A Casual Introduction to Sociological Thinking (1963) -
Tell then you blew it on hookers and blow, and then give payroll dept. the first names and cell numbers of your supervisors wives so they can start the collection process.HT Optoma HD25 LV on 80" DIY Screen, Anthem MRX 300 Receiver, Pioneer Elite BDP 51FD Polk CS350LS, Polk SDA1C, Polk FX300, Polk RT55, Dual EBS Adire Shiva 320watt tuned to 17hz, ICs-DIY Twisted Prs, Speaker-Raymond Cable
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PFB reincarnated ....
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At first, I thought this was a PFB moment, but alas you are serious. Unless you work for a huge, insensitive dipwad of a company, I'd hope you can work out a repayment plan with them.
My second thought, as bookkeeper of the family, is, how the hell didn't you notice this on the first f'd up paycheck?! Unless you work a commission based job, the check should be pretty consistent, no? -
At first, I thought this was a PFB moment, but alas you are serious. Unless you work for a huge, insensitive dipwad of a company, I'd hope you can work out a repayment plan with them.
My second thought, as bookkeeper of the family, is, how the hell didn't you notice this on the first f'd up paycheck?! Unless you work a commission based job, the check should be pretty consistent, no?
This is what I was wondering. If my check is 20$ more I notice.2 channel:
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At first, I thought this was a PFB moment, but alas you are serious. Unless you work for a huge, insensitive dipwad of a company, I'd hope you can work out a repayment plan with them.
My second thought, as bookkeeper of the family, is, how the hell didn't you notice this on the first f'd up paycheck?! Unless you work a commission based job, the check should be pretty consistent, no?
As someone who worked in the Accounting dept. for a handful of years, it isn't as hard as you think to miss something like this, especially when variables like overtime are in play. If they entered the wrong hourly wage and that information is hidden on an import spreadsheet, nobody would ever catch it unless they audited for some odd reason.
I'm outPost edited by ken brydson on -
Dennis Gardner wrote: »Tell then you blew it on hookers and blow, and then give payroll dept. the first names and cell numbers of your supervisors wives so they can start the collection process.
I wasn't aware UofL basketball was involved... -
afterburnt wrote: »
Agreed. I dont know if you are saleried, hourly, get paid by the job or what, but it sounds like if it was such a small amount for you not to notice and its reached thousands of dollars, this has been going on for years. -
I like that, Afterburnt(er) Adidas shoe endorsement.
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Agreed, but assume he paid federal, state, local tax, SS, etc. on the extra money he received when he filed his taxes; now they start withholding money from him until it's paid back. While that will arguably lower his total income, and therefore the taxes withheld going forward, he will no longer have that extra money (which he already paid tax on). He would also have to file a 1040X for any tax years affected by this. IMO the company should foot the bill for any accounting help he might need.Taxes should be fine unless it has bracket implications. When they pull it back, it will show less on his next tax return so it should even out. This isn't that complicated of a situation.
It seems like it could be a PITA and it's a problem not of his making... I'll tell you about State Farm insurance one of these days.
So, are you willing to put forth a little effort or are you happy sitting in your skeptical poo pile?
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Need more details.
How often do you get paid, it is same amount every pay or per job or commission or salary or hourly?
Over what amount of time did these mistakes take place?
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Have them deduct a little at a time. Work out a repayment plan and stick with it. The situation does suck though.Shoot the jumper.....................BALLIN.............!!!!!
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How in the H*ll do you not notice thousands of dollars of overpayment? Do you not look at your paystub? or check your bank balance? There is this thing called personal responsibility!
Try telling your mortgage company that you didn't notice it was the first of the month so you didn't pay your mortgage and see how far you get.
Pay the money back since it doesn't belong to you, or risk getting fired/charged with theft.
Hopefully you can work out a payment plan. But from now on, always check your paystubs, and balance your checking account.Marantz AV-7705 PrePro, Classé 5 channel 200wpc Amp, Oppo 103 BluRay, Rotel RCD-1072 CDP, Sony XBR-49X800E TV, Polk S60 Main Speakers, Polk ES30 Center Channel, Polk S15 Surround Speakers SVS SB12-NSD x2 -
At first, I thought this was a PFB moment, but alas you are serious. Unless you work for a huge, insensitive dipwad of a company, I'd hope you can work out a repayment plan with them.
My second thought, as bookkeeper of the family, is, how the hell didn't you notice this on the first f'd up paycheck?! Unless you work a commission based job, the check should be pretty consistent, no?
My checks are never the same, my net varies quite a bit from check to check. On top of everything I got a raise, changed my witholding and was temporarily upgraded. The latter of is what caused the problem. Like I said there are several people and mechanisms to prevent this from happening. I guess I got complacent after 27+ years.
Ken and Frizz you guys are *'s -
You aim for the moon but you are half a degree off. After 240,000 miles of travel see where you end up.
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afterburnt wrote: »At first, I thought this was a PFB moment, but alas you are serious. Unless you work for a huge, insensitive dipwad of a company, I'd hope you can work out a repayment plan with them.
My second thought, as bookkeeper of the family, is, how the hell didn't you notice this on the first f'd up paycheck?! Unless you work a commission based job, the check should be pretty consistent, no?
My checks are never the same, my net varies quite a bit from check to check. On top of everything I got a raise, changed my witholding and was temporarily upgraded. The latter of is what caused the problem. Like I said there are several people and mechanisms to prevent this from happening. I guess I got complacent after 27+ years.
Ken and Frizz you guys are *'s
Maybe if you had put all of this info in your first post, the responses would have been more understanding.
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Take a knee and protest!!!
Seems the way things are done now."Sometimes you have to look to the past to understand where you are going in the future"Anger is just anger. It isn’t good. It isn’t bad. It just is. What you do with it is what matters.
You can use it to build or to destroy. You just have to make the choice. Jim Butcher
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Buy the company and tell those *****s to pound sand.
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afterburnt wrote: »At first, I thought this was a PFB moment, but alas you are serious. Unless you work for a huge, insensitive dipwad of a company, I'd hope you can work out a repayment plan with them.
My second thought, as bookkeeper of the family, is, how the hell didn't you notice this on the first f'd up paycheck?! Unless you work a commission based job, the check should be pretty consistent, no?
My checks are never the same, my net varies quite a bit from check to check. On top of everything I got a raise, changed my witholding and was temporarily upgraded. The latter of is what caused the problem. Like I said there are several people and mechanisms to prevent this from happening. I guess I got complacent after 27+ years.
Ken and Frizz you guys are *'s
Maybe if you had put all of this info in your first post, the responses would have been more understanding.
Maybe if you had asked? No harm no foul, we're good. There is still even more to it that makes it more complex but I didn't want to write a book with one finger. -
afterburnt wrote: ».......but I didn't want to write a book with one finger.
I do all the time. My middle
"....not everything that can be counted counts, and not everything that counts can be counted." William Bruce Cameron, Informal Sociology: A Casual Introduction to Sociological Thinking (1963) -
Beat me to it. ^^^^ LOLSo, are you willing to put forth a little effort or are you happy sitting in your skeptical poo pile?
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If it was the temporary upgrade that didn't get rescinded at the proper time, basically they dropped the ball and you failed to look for it laying in your bank account. I would hope that a tenured employee of 27 years would be able to get a payback plan that both could live with.
Good luck to you as these are the type of things that happen that can sour a long term employee on a company as you lived with other employee perks and benefits that slowly dried up and disappeared over the years of your tenure.
I left a job of 27 years after a bonus program change that they touted as revenue neutral when I plugged in my good performance from my current year into the new formula and realized a 25% drop in total pay was going to occur. They denied it would work that way, refused to budge, I moved on and within a year, 80% of the management at my level had left the company due to that great new plan. These types of things happen all the time in the work world and all you can do is watch out for yourself and plan ahead for another path if needed. Good luck!HT Optoma HD25 LV on 80" DIY Screen, Anthem MRX 300 Receiver, Pioneer Elite BDP 51FD Polk CS350LS, Polk SDA1C, Polk FX300, Polk RT55, Dual EBS Adire Shiva 320watt tuned to 17hz, ICs-DIY Twisted Prs, Speaker-Raymond Cable
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Now if this was a couple of pay checks then yes pay it back, but if this over payment has been going on for months then it should be on the company.When I was a kid my parents told me to turn it down. Now I'm an adult and my kids tell me to turn it down.
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Now if this was a couple of pay checks then yes pay it back, but if this over payment has been going on for months then it should be on the company.
That's a nice dream you have going there, but it will never happen!Marantz AV-7705 PrePro, Classé 5 channel 200wpc Amp, Oppo 103 BluRay, Rotel RCD-1072 CDP, Sony XBR-49X800E TV, Polk S60 Main Speakers, Polk ES30 Center Channel, Polk S15 Surround Speakers SVS SB12-NSD x2 -
The biggest concern I would have is if it all happened in 2017.
If it did, have them reverse the over payment before year end to correct any tax implications. Then have them setup the net over payment up as an employee loan that you then pay back over a mutually agreed period of time.
If it started before 2017, tax issues could make it much bigger problem. Are FICA limits impacted? Did you work in more than 1 state? Were there any significant differences in your tax situation in the years affected (changes in state or local tax rates, any bonuses, your spouse's income, one time deductions,etc)? DOES YOUR EMPLOYER WANT TO REFILE THEIR TAXES FOR THE PRIOR YEAR(S)? If things spans multiple years you should be able to convince your employer to resolve it more favorably to you.HT- Samsung PN50B860/Integra DTR 30.3/Rt55 Fronts
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You could always go the Office Space route...
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That pic gave me a chubby
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