The amount of an overpayment of compensation may be recouped by deducting that amount from future payments of compensation to the employee or the employee's successor.
Notify the employee of the fact that an overpayment has been made, providing them with an explanation as to how this has arisen, together with a breakdown, including the dates and amounts. In this way, both parties will be clear as to the reason for the overpayment and exactly what will need to be repaid in due course.
Dear insert name The purpose of this letter is to inform you that, insert company name (Company) has discovered a payroll error that has resulted in you being overpaid the amount of insert amount. The details of this overpayment are as follows: List the relevant dates and amounts of overpayment.
Obviously, these types of losses attributed to overpayments are both material and significant. Additionally, it is the responsibility of all stakeholders to return any overpayment because every buyer is a seller at some point.
The amount of an overpayment of compensation may be recouped by deducting that amount from future payments of compensation to the employee or the employee's successor.
The amount of an overpayment of compensation may be recouped by deducting that amount from future payments of compensation to the employee or the employee's successor.
The amount of an overpayment of compensation may be recouped by deducting that amount from future payments of compensation to the employee or the employee's successor.