Title: What with you do with a £20k wage rise? Post by: madasahatstand on May 31, 2007, 08:39:17 AM Hehe
Ive got a dilema:) A rather good one! My work have mistakenly given me a 20k wage rise. They have completely messed up on an nhs-wide pay review and I appear to be a big winner(in my dreams). The thing is that it really is a mistake. So the question is; Do you say nothing and spend it? Then worry about paying it back later? lol; Or do you declare it today to the pay office and get them to take it back asap?? decisions decisions:) Mad Title: Re: What with you do with a £20k wage rise? Post by: Indestructable on May 31, 2007, 08:45:52 AM Been there done that and owned up. I am too honest for my own good, but wouldn't look good if you didn't make your boss aware of this.
The alternative is to not spend the money. Just lump it in a savings account and when they ask for the money back you can keep the interest. :D Title: Re: What with you do with a £20k wage rise? Post by: madasahatstand on May 31, 2007, 08:48:42 AM Yes
You are correct and I will put my hands up today. Not that I'm guilty of anything mind:) Pity its not a real wage rise........lol Title: Re: What with you do with a £20k wage rise? Post by: Snatiramas on May 31, 2007, 08:50:43 AM The bank incorrectly credited me with £15k last month. I told them. Not even a thank you. Within myself though I knew I had done the right thing
Title: Re: What with you do with a £20k wage rise? Post by: madasahatstand on May 31, 2007, 08:54:10 AM The bank incorrectly credited me with £15k last month. I told them. Not even a thank you. Within myself though I knew I had done the right thing Yes, it makes you wonder how much this goes on and if companies are sophisticated to notice? I would also hand the 15k back as the karma is bound to catch up with you. One time I found a tenner in a supermarket. Instead of handing it in, i kept it. For about 3 months afterwards, I had such bad luck. My cylinder head gasket went twice, house flooded. You name it and it happened to me in that 3 months:) Honesty is the best policy. Title: Re: What with you do with a £20k wage rise? Post by: boldie on May 31, 2007, 09:57:34 AM lol..it's the NHS, they won't find out. There are Billions that go missing there every year..20k is a days worth of interest.
*shakes fist at Blair, Brown..and well what the hell..the tories* Title: Re: What with you do with a £20k wage rise? Post by: ifm on May 31, 2007, 10:24:50 AM If you don't tell them it's technically classed as theft!!!
I've come across this many times at work since they outsourced the wages and it is the only occasion a company can deduct from your wage without permission (an overpayment). I had it myself when i was overpaid £1300 one month but i made a deal to repay £100 per month but they *could* take it back willy nilly if they so choose. I know someone who had a sharesave at work where the company deducted £200 per month and send it to the Halifax' sharesave account, he left work and cancelled his account with halifax and got his money out. The company however forgot to cancel the halifax payment and as the account was closed they forwarded the £200 on to my pal every month for over 5 years after he had left!!!! Title: Re: What with you do with a £20k wage rise? Post by: GlasgowBandit on May 31, 2007, 10:27:08 AM I'd say nothing and resign and find another job.
Title: Re: What with you do with a £20k wage rise? Post by: Eck on May 31, 2007, 10:27:45 AM (http://tbn0.google.com/images?q=tbn:eZOlJO4Lh1624M:http://www.cheap-discount-caribbean-cruises.com/images/caribbean2.jpg)
Title: Re: What with you do with a £20k wage rise? Post by: Acidmouse on May 31, 2007, 10:39:58 AM Tell um, much as it pains me to say that. NHS needs all it can get :)
Title: Re: What with you do with a £20k wage rise? Post by: Sark79 on May 31, 2007, 10:40:18 AM I would take it back as well Mad.
Title: Re: What with you do with a £20k wage rise? Post by: Claw75 on May 31, 2007, 12:56:31 PM Yeah, you've got to fess up. The only way you might get away with keeping an overpayment of wages is if it wasn't reasonable for you to notice (i.e. it was just a few quid a month or something).
In answer to the original question, if I got a 20k pay rise I would probably spend it on poker :D Title: Re: What with you do with a £20k wage rise? Post by: matt674 on May 31, 2007, 01:06:52 PM go back and demand more - your worth it..............
Title: Re: What with you do with a £20k wage rise? Post by: KingPoker on May 31, 2007, 01:15:49 PM Keep it jil july/august fly frst class to vegas, stay in bellagio suite, buy yourself into Main Event and win 12 million minimum then pay it back, simple!!!!
Title: Re: What with you do with a £20k wage rise? Post by: Ironside on May 31, 2007, 01:31:12 PM 20k is that a day week month or year?
if its a year best telling them if its more often i would wait for them to notice then slip off somewhere with the money and start a new life Title: Re: What with you do with a £20k wage rise? Post by: Swordpoker on May 31, 2007, 01:50:52 PM Send a letter thanking them for the wage rise and ask them a question about tax, or something.
This way, you have pointed out their mistake but you have also given them the opportunity to make another mistake by confirming it in their reply to you ;D Title: Re: What with you do with a £20k wage rise? Post by: cambo on May 31, 2007, 01:56:43 PM keep it youve been underpaid for years anyway infact 20k probably isnt even enough. i say keep it for the time being and stick it in a savings account if they come looking for it so be it but i wouldnt go out my way to give it back i just wouldnt spend it
Title: Re: What with you do with a £20k wage rise? Post by: bolt pp on May 31, 2007, 02:35:21 PM I'd say nothing and resign and find another job. yep Title: Re: What with you do with a £20k wage rise? Post by: brolove on May 31, 2007, 02:41:09 PM it's not classed as theft as you never took it and up to yet have not offered not to pay it back on request..
Get it in high savings acount and reap a few months interest off it .. 6% will pay you £1200 pa.. Thats £100 a month.. every month that goes by you gain £100.. if you can argue it out for 200 months then you both have 20k hehe Title: Re: What with you do with a £20k wage rise? Post by: kinboshi on May 31, 2007, 03:03:16 PM Yeah, you've got to fess up. The only way you might get away with keeping an overpayment of wages is if it wasn't reasonable for you to notice (i.e. it was just a few quid a month or something). In answer to the original question, if I got a 20k pay rise I would probably spend it on poker :D The missus was overpaid quite a few years back during her sandwich year at uni with Norwich Union. Basically, they paid her an extra month. When she received the money, she contacted them to ask if it was correct or not (she honestly didn't know when the final month's pay was coming in, but had thought this one was in error). She eventually got through to someone in accounts who rudely told her she'd be paid what she was due. So, as poor students, we thought nothing more of it, they'd told her that she'd receive the correct amount - and she'd made the effort to check and return the money if it was an error. Then about 3 months later she received a formal letter requesting the money to be returned. We didn't have the money any more, but spoke to citizen's advice and a solicitor friend. We were basically told that the law is vague in this area but the main point is that if you weren't aware that the money wasn't yours, and if you'd be in a worse position if you had to pay the money back than you would have been if you hadn't received it in the first place, then the law is on your side - and what often happens in this case is that you pay it back within your means, and for a non-earning student this would have been about £3 a week... Anyway, we stuck to our guns, and wrote a letter back explaining the situation. Norwich Union wrote off the amount. Not sure if that's always the case, but that's what happened to us. Title: Re: What with you do with a £20k wage rise? Post by: snoopy1239 on May 31, 2007, 03:10:51 PM The bank incorrectly credited me with £15k last month. I told them. Not even a thank you. Man, I hate that. If you make an error, they charge you a fee. Title: Re: What with you do with a £20k wage rise? Post by: The Rivercard on May 31, 2007, 03:15:46 PM You are within your right to charge them for the time you have spent to sort this error out....£35 an hour would be a fair rate
Title: Re: What with you do with a £20k wage rise? Post by: phatomch on May 31, 2007, 04:04:09 PM Save it for a year if you dont hear anything get to Vegas for the 2008 WSOP main event.. You will be freerolling. Sorry wait untill the end of the year and play the GUKPT MAIN EVENT at the Vic £3000, 600 runners (nice plug).
Title: Re: What with you do with a £20k wage rise? Post by: ZZZZZZZROPE on May 31, 2007, 05:19:11 PM im an idiot lol , but id be keeping it
Title: Re: What with you do with a £20k wage rise? Post by: sovietsong on May 31, 2007, 06:05:24 PM I worked in a call centre when i was 18, you started working for the agency then when u had worked there a while you could apply for a permanent position. I did and got the job but the agency kept paying me. I kept quiet didnt tell anyone...not even my mum! it was awesome, a few months later the payments stopped. I said nothing and nobody asked me. I left the job before i went to uni and the day i left my team leader said "you owe me a pint" i said whys that then he said "it was me that kept putting in time sheets for you", i gave him 100 sheets and every1 is happy! immoral maybe, but i worked for a company that charges 30% apr on its store cards!
Title: Re: What with you do with a £20k wage rise? Post by: phatomch on May 31, 2007, 06:09:48 PM ;iagree; :goodpost: :respect: ;hattip; ;applause; brilliant but if he told you earlier you could carry on for ages and both profit.
Title: Re: What with you do with a £20k wage rise? Post by: boldie on May 31, 2007, 06:20:22 PM I worked in a call centre when i was 18, you started working for the agency then when u had worked there a while you could apply for a permanent position. I did and got the job but the agency kept paying me. I kept quiet didnt tell anyone...not even my mum! it was awesome, a few months later the payments stopped. I said nothing and nobody asked me. I left the job before i went to uni and the day i left my team leader said "you owe me a pint" i said whys that then he said "it was me that kept putting in time sheets for you", i gave him 100 sheets and every1 is happy! immoral maybe, but i worked for a company that charges 30% apr on its store cards! lol nice! Title: Re: What with you do with a £20k wage rise? Post by: madasahatstand on May 31, 2007, 06:37:26 PM When I got to work I contacted the pay office and declared the overpayment. They will take it back next month. They put it down to a human error. I thought the payroll was all electronic as well:) Maybe my karma will be good and I'll win some poker tonight.
thanks for all the replies mad:) Title: Re: What with you do with a £20k wage rise? Post by: Wardonkey on May 31, 2007, 07:20:37 PM Did you even think about keeping it Mad?
I'm not sure what I would do, but if I was thinking of keeping I wouldn't post it on an open forum. You always knew you were going to give it straight back. Title: Re: What with you do with a £20k wage rise? Post by: madasahatstand on May 31, 2007, 07:30:07 PM Did you even think about keeping it Mad? I'm not sure what I would do, but if I was thinking of keeping I wouldn't post it on an open forum. You always knew you were going to give it straight back. Indeed I did:) But I thought the dilema would be interesting to discuss......... Title: Re: What with you do with a £20k wage rise? Post by: bolt pp on May 31, 2007, 07:32:59 PM Did you even think about keeping it Mad? I'm not sure what I would do, but if I was thinking of keeping I wouldn't post it on an open forum. You always knew you were going to give it straight back. Indeed I did:) But I thought the dilema would be interesting to discuss......... find out who the scoundrels are ;angel; Title: Re: What with you do with a £20k wage rise? Post by: madasahatstand on May 31, 2007, 07:41:00 PM Did you even think about keeping it Mad? I'm not sure what I would do, but if I was thinking of keeping I wouldn't post it on an open forum. You always knew you were going to give it straight back. Indeed I did:) But I thought the dilema would be interesting to discuss......... find out who the scoundrels are ;angel; rotflmfao rotflmfao Title: Re: What with you do with a £20k wage rise? Post by: tikay on May 31, 2007, 09:39:30 PM You did right to return it, Mad.
Be honest, sleep well at night, blue skies every day. Title: Re: What with you do with a £20k wage rise? Post by: kinboshi on May 31, 2007, 09:41:48 PM You did right to return it, Mad. Be honest, sleep well at night, blue skies every day. Not raining where you were then today Tikay? :dontask: Title: Re: What with you do with a £20k wage rise? Post by: tikay on May 31, 2007, 09:45:09 PM You did right to return it, Mad. Be honest, sleep well at night, blue skies every day. Not raining where you were then today Tikay? :dontask: Never rains on the righteous. Or when in a train. Or if one is a snail. (The shell is waterproof). Title: Re: What with you do with a £20k wage rise? Post by: AndrewT on June 01, 2007, 12:31:23 AM Title: Re: What with you do with a £20k wage rise? Post by: henrik777 on June 01, 2007, 12:45:43 AM Righteous or pervert ? Only took pairs ;) Sandy |