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One for the finance bods

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illusion
Scooby Slapper



Joined: 04 Apr 2005
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PostPosted: 11:26 - 26 May 2006    Post subject: One for the finance bods Reply with quote

ello,

Nice little surprise in the bank this morning, I've been paid 350 quid more than I should have been. I'll have to confirm when I get my payslip but I reckon what has happened is they are still paying me shift allowance, but I have moved off shift. This happened last month but I thought nothing of it an just thought it was back pay, as I have only recently moved off shift.

Now the question is, do I let on to them? Smile If they find out can they legally try and claim the money back off me?

Cheers.
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carvell
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Joined: 05 Sep 2003
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PostPosted: 11:28 - 26 May 2006    Post subject: Reply with quote

Yes, they can legally try and get it off you. I thought the same when I was overpaid (only £30 mind). They sent a letter saying that they want the £30 back, I investigated and it turned out that they can demand it back.

This all relys on them finding out, of course.
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Cookie!
Renault 5 Driver



Joined: 06 May 2006
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PostPosted: 11:50 - 26 May 2006    Post subject: Reply with quote

Depends on how honest you are.

They can indeed get it off you if they want, and it'll show up when they next try and balance the books.

I'd tell them their mistake and see what happens.. but thats me, and I'm honest Very Happy
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illusion
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PostPosted: 11:52 - 26 May 2006    Post subject: Reply with quote

It's the internal struggle of greed vs. honesty, and greed is winning at the minute Wink

I had considered sticking it in my savings account and earning interest off it, and then if they ask for it back I have it there ready to give back??
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Cookie!
Renault 5 Driver



Joined: 06 May 2006
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PostPosted: 11:55 - 26 May 2006    Post subject: Reply with quote

illusion wrote:
It's the internal struggle of greed vs. honesty, and greed is winning at the minute Wink

I had considered sticking it in my savings account and earning interest off it, and then if they ask for it back I have it there ready to give back??

Can do, but how much interest is it possibly going to earn? Laughing
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illusion
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Joined: 04 Apr 2005
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PostPosted: 12:00 - 26 May 2006    Post subject: Reply with quote

Cookie! wrote:
illusion wrote:
It's the internal struggle of greed vs. honesty, and greed is winning at the minute Wink

I had considered sticking it in my savings account and earning interest off it, and then if they ask for it back I have it there ready to give back??

Can do, but how much interest is it possibly going to earn? Laughing


But they are likely to keep doing it every month Smile
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Jenks
World Chat Champion



Joined: 22 May 2006
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PostPosted: 12:10 - 26 May 2006    Post subject: Reply with quote

Humm, I think I would tell them, you dont want they to just be testing you!
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acwman
Spanner Monkey



Joined: 14 May 2005
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PostPosted: 12:51 - 26 May 2006    Post subject: Reply with quote

Quote:
I had considered sticking it in my savings account and earning interest off it, and then if they ask for it back I have it there ready to give back??


I think this is probably a good idea. I think they do have a right to ask for it back(It's happened to my brother before), so when they do, just pay it back to them...At least you've got the interest out of it.
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yambabe
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Joined: 12 Jul 2004
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PostPosted: 12:56 - 26 May 2006    Post subject: Reply with quote

Actually, whether they can demand it back or not depends entirely on the terms of your contract. If it has a clause like:
Quote:
15 DEDUCTIONS

15.1 You agree that the Company is entitled to deduct any monies owed by you to the Company from your salary or any bonus, commission or dividend payment due provided the Company notifies you of the amount due and the proposed reduction.

15.2 You agree that the Company is entitled to deduct from your final payment any monies owed to the Company however that situation has occurred and you consent to the Company making such deductions in accordance with the Employment Rights Act 1996.


then yes they can. If it doesn't say that in your contract then it's a bit more difficult for them. You can claim that you didn't realise it was a mistake and offer to pay them back at say £5 per week if you want - also if they were to just deduct it from your wages if your contract doesn't allow for it you could take them to tribunal for unlawful deduction and you would win it back!

How quickly they pick up on it would depend on how on-the-ball their book-keepers are, what they check and how often. I would say that a savings account is possibly a good idea.
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Itchy
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Joined: 07 Apr 2005
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PostPosted: 13:06 - 26 May 2006    Post subject: Reply with quote

babyyam wrote:
f your contract doesn't allow for it you could take them to tribunal for unlawful deduction and you would win it back!
.


tribunals are BS in principle its a good thing but just blacklists your name forever. If I'd sued my last boss for £££££ would you employ that person considering that s/he has the guts to go through that process , some would but more would not.
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illusion
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Joined: 04 Apr 2005
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PostPosted: 14:59 - 26 May 2006    Post subject: Reply with quote

babyyam, thanks for that! I'll be checking my contract tomorrow to see what it says Smile
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Cazza
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Joined: 04 May 2006
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PostPosted: 15:50 - 26 May 2006    Post subject: Reply with quote

Are you sure there wasn't some agreement that they'd continue to pay this allowance for a certain period?
Some guys at our place went through that - moved from shift work to days (meaning a drop in wages) but they got an agreement where for 3 months they would be paid shift premium on top to allow them to settle any financial issues it would result in but also to give them time to adjust.
Perhaps your company does it as a matter of course? If you're not alone in the shift move then ask your colleagues what difference they noticed.
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illusion
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Joined: 04 Apr 2005
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PostPosted: 15:53 - 26 May 2006    Post subject: Reply with quote

Cazza wrote:
Are you sure there wasn't some agreement that they'd continue to pay this allowance for a certain period?
Some guys at our place went through that - moved from shift work to days (meaning a drop in wages) but they got an agreement where for 3 months they would be paid shift premium on top to allow them to settle any financial issues it would result in but also to give them time to adjust.
Perhaps your company does it as a matter of course? If you're not alone in the shift move then ask your colleagues what difference they noticed.


Nah because I got promoted so my base salary is more than what I used to get with shift allowance, but now I'm getting shift allowance on top of the base salary. Kerchinng!! Smile
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msgander
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Joined: 31 Aug 2005
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PostPosted: 19:36 - 26 May 2006    Post subject: Reply with quote

One part of my role is payroll manager, and legally this is where you stand...

If they notify you in "reasonable time" in writing or verbally within say 1 week that they have made an error, you need to pay it back, however if it goes unnoticed and continues, the emphasis is on you to inform them.

Basically as you are still employed by them, honesty would be a better policy, if you had left, leaving.....if they have not informed you within a week, then legally not a lot they can do, been there many times when people have been overpaid and if they are too daft to pick it up, generally they will leave it.

If you get it next month, and are honest by telling them, then obviously they may check back to this month as well, be honest is best answer because they will pick it up when they reconcile next month or the month after etc.
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