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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forumscompanies are planning to reduce paychecks by the calc'd amount employee will receive from stimulus
https://www.foxnews.com/us/texas-stimulus-money-company-paychecksA company in Austin, Texas is looking to dock pay from workers who receive government stimulus checks, according to an anonymous employee.
With the historic $2 trillion coronavirus stimulus deal signed, Americans can look forward to receiving some economic relief during the pandemic.
An unnamed company in Texas, though, appears to be looking to use the stimulus to relieve their payroll strain.
On Wednesday, the company sent out a form titled Employee Acknowledgement of Government Assistance Pay Reduction.
The form was reported by an employee who wished to remain anonymous, but the employee spoke to local news KXAN about the situation.
The form says they are preemptively deducting funds from our paychecks. That number is based on what theyre anticipating the government relief fund to be, the worker told the outlet.
The company that I work for is a national company and they make hundreds of millions of dollars in profit a year and instead of making sacrifices at the higher levels, theyre passing it on down to everybody else.
The form states that the company would take payment from the employees paycheck by 100 percent of any money received under the stimulus bill, a number they can accurately calculate since the stimulus money is scaled based on income.
Other companies may or may not also attempt to take advantage of the stimulus money.
On the blog AskAManager.org, another anonymous employee wrote in to ask if it is legal for her company to take the stimulus money from their paychecks. She states that she learned of the decision during a conference call.
She claimed her company is a national restaurant chain. The company she works for may or may not be the same as the one in Austin.https://www.foxnews.com/us/texas-stimulus-money-company-paychecks
SWBTATTReg
(21,859 posts)them.
PSPS
(13,516 posts)larwdem
(757 posts)fox news?????
The Velveteen Ocelot
(115,280 posts)G_j
(40,366 posts)but as people pointed out, they did not name the company.
I decided to delete. Maybe there will be a follow up.
larwdem
(757 posts)that company needs to be put out of business/ boycott
larwdem
(757 posts)Austin Texas is a liberal city Fox is bullshit
The Velveteen Ocelot
(115,280 posts)See above posts.
atreides1
(16,046 posts)Just because Austin is a liberal city, doesn't mean all the businesses are!!!
larwdem
(757 posts)I was implying fox lies
JDC
(10,084 posts)Hoyt
(54,770 posts)everyones pay 20%, including management, rather than firing people in times like this. If they have to cut overall payroll to keep everyone employed, they probably should have gone the across the board cut. Aint a good way to handle this unless owners are well off and care.
msongs
(67,199 posts)GulfCoast66
(11,949 posts)Until I hear a source besides some guy with some memo that cant name the company doing it the whole thing will remain a internet BS story to me.
If you work a company They have to pay you. Federal Labor law. Most states as well.
And you have no obligation to share your tax information with the company you work for.
Remember, the most dangerous type of internet propaganda is they type that confirms your biases.
And if there is a company that is doing this they obviously decided a payroll lawyer is a waste of money.
dalton99a
(81,073 posts)Demovictory9
(32,324 posts)Aristus
(66,096 posts)I once worked for a large book retailer for minimum wage. Minimum wage.
I had to take a week off for jury duty. The bookstore still subtracted my week's jury duty pay from my next paycheck. In other words, not only did they not pay for the week I was gone, they docked me money they didn't even have to pay me in the first place.
I'm so glad to be out of the retail gulag, I can't even say...
misanthrope
(7,405 posts)I've witnessed a lot of unscrupulous businesses in my time, some I've worked for, some others have worked for.