employer over paid hugely

Brightspark87

Afternoon all!

Hope you can all give us some advice.

DH had a promotion and pay rise of £10,000 a year from 7th March 2016. March pay was messed up and this wasn't included. We are in the process of applying for a mortgage so I asked him to really chase it up and sort etc etc.

So they said they would pay the underpayment today 8th April.

However, it seems they paid him £4,000.

Now he hasn't got the payslip yet so not sure how they calculated it and the guy who deals with payroll isn't in until Tuesday.

Where do we stand? Of course I don't want him to get in trouble with work but at least if I have the payslip I can try and see what they've done!

This is stressing us out too because with the mortgage application going on as we speak we've got to submit bank statements soon.

How do we pay it back?

Any advice?

stator

You can pay it back via BACS or allow them to deduct it from future wages. They will probably want it back sooner rather than later. You will have to pay it back but make sure you get them to provide you with a full written explanation and breakdown of all the payments. The letter should help you with the mortgage application.

spadoosh

Just keep aside any difference from his usual pay and speak to payroll on tuesday.

It is tax rebate time so some might be made of this?

I doubt the bank will raise an issue with it. Tehyll be able to clearly see whats happened and any payslips will match this.

Brightspark87

Thanks its the first of the higher pay so not entirely sure how much that should be. I've told him not to touch it (he had some money in the account already - so any spends will be covered by that) and wait for the payslip and then speak with the payroll guy - I just can't believe it!

[Deleted User]

Hi,

it's now late Friday afternoon, so not much you can do today.

Nothing will be done over the weekend.

Maybe on Monday husband will get pay slip and help to explain things.

If not, on Tuesday he can speak to the 'guy who does the payroll' as you call him, for an explanation.

Was your husband due an end of year bonus?

Was your mortgage application based on your husband's old or new salary?

Edit: Don't go stupid over the weekend and put a deposit on a Ferrari, because if it is a mistake it will have to be paid back.

Brightspark87

haha! Love the comment re Ferrari!

Mortgage will be based on new salary.

He hasn't even been there a years so its all very strange and we didn't get the payslip over the weekend.

Its just a huge overpayment and although tax codes etc should be sorted ok - its very confusing as to what has been done!

I hope the payslip might come today and if not speak on Tuesday.

Don't worry - we didn't spend anything over the weekend so no worries re paying it back....

ChristineLouise

£10,000 pa pay rise / 12 equates to £833 a month - taxes.
£4K is a bit steep given the dates. Set the funds aside.
Payslips sometimes take a few days to get to staff. Payroll processes wages, hands payslips over to managers / relevant supervisors who hand out to staff. I'd get him to ask for payslip and also talk to payroll about what has been paid.
All payroll staff are human and yes we do make mistakes though we try not to. Where I've made a mistake Ive sat down with employees and apologised and worked out whats best for them going forward.
If he has been overpaid they have the right to recoup from future payments - most employers would be happy to have you transfer the excess back via bank transfer to them and from then on your payroll is processed normally. Warning this may give your payroll person a headache as depending on what they have submitted to HMRC (mr taxman knows what your husband gets paid before the money is in his bank account) then a correction may need to be sent to HMRC so might take them a day or two to fully resolve.

Guest101

To be technical mr taxman gets told what you will get paid, I know from personal experience that is no guarantee of actual payment

Brightspark87

Hi guys

Turns out the decimal point was in the wrong place! Its £400 not £4,000.

DH is sending the money back today - they confirmed the payslip shows £400 (after tax pension etc).

Annoyingly they are just adding it to the April payslip so another pain for the mortgage....

Guest101

Once you have the next payslip it will be fairly self explanatory

Brightspark87

Hi yes I've got a copy of the April payslip just complicates things even more with the mortgage.... frustrating! Never mind.