Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Demovictory9

(32,324 posts)
Sat Mar 28, 2020, 10:43 PM Mar 2020

companies are planning to reduce paychecks by the calc'd amount employee will receive from stimulus

https://www.foxnews.com/us/texas-stimulus-money-company-paychecks

A 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 they’re 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, they’re passing it on down to everybody else.”

The form states that the company would take payment from the employee’s 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
18 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
companies are planning to reduce paychecks by the calc'd amount employee will receive from stimulus (Original Post) Demovictory9 Mar 2020 OP
I got a feeling that they'll get sued and also, lose all of their employees. I wouldn't work for... SWBTATTReg Mar 2020 #1
Et, voila! "Main street bailout" turns into "corporate bonus!" courtesy of the taxpayer. PSPS Mar 2020 #2
what larwdem Mar 2020 #3
This is being reported by multiple sources, including Austin local news. The Velveteen Ocelot Mar 2020 #4
I had posted that earlier G_j Mar 2020 #7
if true larwdem Mar 2020 #9
fox larwdem Mar 2020 #5
This has been reported by Austin local news as well. The Velveteen Ocelot Mar 2020 #8
Guess what? atreides1 Mar 2020 #11
guess what? larwdem Mar 2020 #18
I want to know what company this is. JDC Mar 2020 #6
Don't like this at all. But some companies trying to keep everyone employed, do cut Hoyt Mar 2020 #10
dont believe it until I start seeing actual company names. nt msongs Mar 2020 #12
At least the 3rd post I've seen on this. I've called BS every time. GulfCoast66 Mar 2020 #13
Perhaps someone will figure out a name that fits the blacked-out areas: dalton99a Mar 2020 #14
ends with "t" Demovictory9 Mar 2020 #15
Corporations suck. Aristus Mar 2020 #16
That's actually what I expect from American businesses misanthrope Mar 2020 #17

SWBTATTReg

(21,859 posts)
1. I got a feeling that they'll get sued and also, lose all of their employees. I wouldn't work for...
Sat Mar 28, 2020, 10:47 PM
Mar 2020

them.

G_j

(40,366 posts)
7. I had posted that earlier
Sat Mar 28, 2020, 10:57 PM
Mar 2020

but as people pointed out, they did not name the company.
I decided to delete. Maybe there will be a follow up.

 

Hoyt

(54,770 posts)
10. Don't like this at all. But some companies trying to keep everyone employed, do cut
Sat Mar 28, 2020, 11:03 PM
Mar 2020

everyone’s 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. Ain’t a good way to handle this unless owners are well off and care.

GulfCoast66

(11,949 posts)
13. At least the 3rd post I've seen on this. I've called BS every time.
Sat Mar 28, 2020, 11:16 PM
Mar 2020

Until I hear a source besides some guy with some memo that can’t 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.

Aristus

(66,096 posts)
16. Corporations suck.
Sat Mar 28, 2020, 11:23 PM
Mar 2020

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)
17. That's actually what I expect from American businesses
Sat Mar 28, 2020, 11:26 PM
Mar 2020

I've witnessed a lot of unscrupulous businesses in my time, some I've worked for, some others have worked for.

Latest Discussions»General Discussion»companies are planning to...