Overpayment by employer

candiemac

Hi All,

I have a problem about overpayment as well.

My former employer apparently overpaid me when I left in June 2010. I didn't realise this and have had no communication from them saying they had overpaid me or requesting the money. I totally understand that if this is the case I have to pay the money back.

However, since then I have sold the shares I bought through the employee scheme. When I received the proceeds from the share sale the net payment on the notification slip was higher than the what I actually received. The notification was similar to a payslip but there was no accompanying letter of explanation. I have since found out they have deducted the overpayment from the share sale proceeds. Can they do this, particularly without notification? I would not have thought share proceeds count as part of my 'pay' or 'wages', even if it is administrated by HR?

Can someone advise me please? I'm not necessarily looking to recoup the money as I would have to pay it back at some point if that is what they've done, but I don't like the fact they've just taken money with no communication whatsoever from non-salary payment - they should have written and asked me for the money!

Thanks!

bluetownbarry

candiemac wrote: »

Hi All,

I have a problem about overpayment as well.

My former employer apparently overpaid me when I left in June 2010. I didn't realise this and have had no communication from them saying they had overpaid me or requesting the money. I totally understand that if this is the case I have to pay the money back.

However, since then I have sold the shares I bought through the employee scheme. When I received the proceeds from the share sale the net payment on the notification slip was higher than the what I actually received. The notification was similar to a payslip but there was no accompanying letter of explanation. I have since found out they have deducted the overpayment from the share sale proceeds. Can they do this, particularly without notification? I would not have thought share proceeds count as part of my 'pay' or 'wages', even if it is administrated by HR?

Can someone advise me please? I'm not necessarily looking to recoup the money as I would have to pay it back at some point if that is what they've done, but I don't like the fact they've just taken money with no communication whatsoever from non-salary payment - they should have written and asked me for the money!

Thanks!

The short answer, is yes, they can deduct the overpaid wages from your sharesave scheme. I know its not the answer you are looking for, but at least you now haven't got the hassle of trying to work out how to repay them back

fermi

candiemac: I've put this in a new thread so you can get answers specific to your situation.