E90Post
 


TNT Racewerks
 
BMW 3-Series (E90 E92) Forum > BIMMERPOST Universal Forums > Off-Topic Discussions Board > Still getting paid after quitting job



Reply
 
Thread Tools Search this Thread
      11-04-2013, 01:27 PM   #23
M_Six
Free Thinker
 
M_Six's Avatar
 
Drives: 2012 MB C300 4matic
Join Date: Jan 2009
Location: Foothills of Mt Level

Posts: 4,937
iTrader: (0)

Garage List
Make sure you get documentation of the whole mess so you don't end up paying taxes on money you didn't get to keep.
__________________
Mark
Flickr

"The $0.99 menu was put on this Earth for a good damn reason." -Weebl
M_Six is offline   United_States
0
Reply With Quote
      11-04-2013, 01:35 PM   #24
aznboi319
Lieutenant
 
aznboi319's Avatar
 
Drives: G-Powered E92 M3 6MT
Join Date: May 2011
Location: Atlanta

Posts: 419
iTrader: (3)

Garage List
2011 Nissan GTR  [0.00]
2008 E92 BMW M3  [5.00]
Quote:
Originally Posted by Mr Tonka View Post
All valid points. I'm just curious what their recourse is other than court or collections.

And OP, before you go on a shopping spree, send me 25% for online consulting fees.

Maybe this is "hush" money of sorts so you don't get legal on their asses. ??
LOL, sure just send me your bank account number, billing address, and ssn. I will wire you the money.
__________________
SG E92 M3 6MT | G-Power SKII+ | ACM Test Pipes | Agency Power Valvetronic Exhaust | Stoptech BBK | AEM Gauges | M Performance Black Grills | M Performance Black Gills | Challenge Rep Front Lip | Forgestar F-14 Wheels Custom Anthracite| Michelin Pilot Super Sports | Lux V3 Angel Eyes
aznboi319 is offline  
0
Reply With Quote
      11-04-2013, 01:39 PM   #25
Mr Tonka
Tonka.... Mr. Tonka
 
Drives: Exceptionally well :)
Join Date: Feb 2009
Location: Tampa, FL

Posts: 1,173
iTrader: (0)

Quote:
Originally Posted by aznboi319 View Post
LOL, sure just send me your bank account number, billing address, and ssn. I will wire you the money.
What, no mothers maiden name??
__________________
-Joe


"Government is the great fiction, through which everybody endeavors to live at the expense of everybody else." — Frédéric Bastiat
Mr Tonka is offline   United_States
0
Reply With Quote
      11-04-2013, 01:42 PM   #26
aznboi319
Lieutenant
 
aznboi319's Avatar
 
Drives: G-Powered E92 M3 6MT
Join Date: May 2011
Location: Atlanta

Posts: 419
iTrader: (3)

Garage List
2011 Nissan GTR  [0.00]
2008 E92 BMW M3  [5.00]
Well, I just sent an email to HR asking what those payments were for. Maybe they will let me keep it
__________________
SG E92 M3 6MT | G-Power SKII+ | ACM Test Pipes | Agency Power Valvetronic Exhaust | Stoptech BBK | AEM Gauges | M Performance Black Grills | M Performance Black Gills | Challenge Rep Front Lip | Forgestar F-14 Wheels Custom Anthracite| Michelin Pilot Super Sports | Lux V3 Angel Eyes
aznboi319 is offline  
0
Reply With Quote
      11-04-2013, 01:47 PM   #27
Mr Tonka
Tonka.... Mr. Tonka
 
Drives: Exceptionally well :)
Join Date: Feb 2009
Location: Tampa, FL

Posts: 1,173
iTrader: (0)

Quote:
Originally Posted by aznboi319 View Post
Well, I just sent an email to HR asking what those payments were for. Maybe they will let me keep it
you should have phrased it: I'm assuming the additional payments deposited in my account are reimbursement for my pain and suffering endured while under direction of (insert dick head boss's name).
__________________
-Joe


"Government is the great fiction, through which everybody endeavors to live at the expense of everybody else." — Frédéric Bastiat
Mr Tonka is offline   United_States
0
Reply With Quote
      11-04-2013, 01:55 PM   #28
F32
Banned
 
Drives: BMW
Join Date: Jul 2013
Location: SF

Posts: 688
iTrader: (0)

They will get the money back.

What they will have a very, very hard time getting back however is any additional 401K contributions they made from those pay-periods. Consider that as your little bonus to keep.
F32 is offline  
0
Reply With Quote
      11-04-2013, 02:04 PM   #29
aznboi319
Lieutenant
 
aznboi319's Avatar
 
Drives: G-Powered E92 M3 6MT
Join Date: May 2011
Location: Atlanta

Posts: 419
iTrader: (3)

Garage List
2011 Nissan GTR  [0.00]
2008 E92 BMW M3  [5.00]
Quote:
Originally Posted by F32 View Post
They will get the money back.

What they will have a very, very hard time getting back however is any additional 401K contributions they made from those pay-periods. Consider that as your little bonus to keep.
I'm glad I contribute 15% of my paycheck to 401K then.



Quote:
Originally Posted by Mr Tonka
What, no mothers maiden name??
ahh yea, you can slide that my way too and while your at it give me the make and model of your first car and childhood best friend's name. It will make it easier to transfer you the money .
__________________
SG E92 M3 6MT | G-Power SKII+ | ACM Test Pipes | Agency Power Valvetronic Exhaust | Stoptech BBK | AEM Gauges | M Performance Black Grills | M Performance Black Gills | Challenge Rep Front Lip | Forgestar F-14 Wheels Custom Anthracite| Michelin Pilot Super Sports | Lux V3 Angel Eyes
aznboi319 is offline  
0
Reply With Quote
      11-04-2013, 02:43 PM   #30
Mr Tonka
Tonka.... Mr. Tonka
 
Drives: Exceptionally well :)
Join Date: Feb 2009
Location: Tampa, FL

Posts: 1,173
iTrader: (0)

Quote:
Originally Posted by aznboi319 View Post
I'm glad I contribute 15% of my paycheck to 401K then.





ahh yea, you can slide that my way too and while your at it give me the make and model of your first car and childhood best friend's name. It will make it easier to transfer you the money .
I'm starting to suspect that you are a nigerian prince. If so, you should already have that information as i've given it to you several times now!

haha
__________________
-Joe


"Government is the great fiction, through which everybody endeavors to live at the expense of everybody else." — Frédéric Bastiat
Mr Tonka is offline   United_States
0
Reply With Quote
      11-04-2013, 03:24 PM   #31
happos2
Dingleberries
 
Drives: Gray E92 M3
Join Date: May 2012
Location: Indiana

Posts: 1,139
iTrader: (2)

Knowing they will eventually take back the money....you could keep it as long as possible to earn the interest on it! Usually when companies take back the money, they don't include the interest (unless it is a huge amound) rather just the money that was deposited.
happos2 is offline  
0
Reply With Quote
      11-04-2013, 03:27 PM   #32
aznboi319
Lieutenant
 
aznboi319's Avatar
 
Drives: G-Powered E92 M3 6MT
Join Date: May 2011
Location: Atlanta

Posts: 419
iTrader: (3)

Garage List
2011 Nissan GTR  [0.00]
2008 E92 BMW M3  [5.00]
Quote:
Originally Posted by happos2 View Post
Knowing they will eventually take back the money....you could keep it as long as possible to earn the interest on it! Usually when companies take back the money, they don't include the interest (unless it is a huge amound) rather just the money that was deposited.
Hmm... still no response yet from HR. Maybe, she will just keep quiet and I can keep the money. I am sure she doesn't want to notify her boss that they have been paying me for these couple months.
__________________
SG E92 M3 6MT | G-Power SKII+ | ACM Test Pipes | Agency Power Valvetronic Exhaust | Stoptech BBK | AEM Gauges | M Performance Black Grills | M Performance Black Gills | Challenge Rep Front Lip | Forgestar F-14 Wheels Custom Anthracite| Michelin Pilot Super Sports | Lux V3 Angel Eyes
aznboi319 is offline  
0
Reply With Quote
      11-04-2013, 03:42 PM   #33
amanda hor$t
Banned
 
Drives: a380
Join Date: Sep 2012
Location: ny ny

Posts: 208
iTrader: (0)

let's say this goes on for years. empty your bank account every month, transfer all your assets to a trust etc.

ultimately they will ask for it back (they can't "take" it back), and you declare bankruptcy.
amanda hor$t is offline  
0
Reply With Quote
      11-04-2013, 03:45 PM   #34
aznboi319
Lieutenant
 
aznboi319's Avatar
 
Drives: G-Powered E92 M3 6MT
Join Date: May 2011
Location: Atlanta

Posts: 419
iTrader: (3)

Garage List
2011 Nissan GTR  [0.00]
2008 E92 BMW M3  [5.00]
Quote:
Originally Posted by bosster hymen View Post
let's say this goes on for years. empty your bank account every month, transfer all your assets to a trust etc.

ultimately they will ask for it back, and you declare bankruptcy.
If I were single and had no obligations, I would consider moving to southeast Asia and living off the funds. Too bad this didn't happen about 5 years ago and making this salary.
__________________
SG E92 M3 6MT | G-Power SKII+ | ACM Test Pipes | Agency Power Valvetronic Exhaust | Stoptech BBK | AEM Gauges | M Performance Black Grills | M Performance Black Gills | Challenge Rep Front Lip | Forgestar F-14 Wheels Custom Anthracite| Michelin Pilot Super Sports | Lux V3 Angel Eyes
aznboi319 is offline  
0
Reply With Quote
      11-04-2013, 04:08 PM   #35
F32
Banned
 
Drives: BMW
Join Date: Jul 2013
Location: SF

Posts: 688
iTrader: (0)

Quote:
Originally Posted by bosster hymen View Post
let's say this goes on for years. empty your bank account every month, transfer all your assets to a trust etc.

ultimately they will ask for it back (they can't "take" it back), and you declare bankruptcy.
Sounds like a good plan, however given he's contributing 15% to his 401K...at the current max contribution limit of $17,500, that means he makes less than $115K. Say it goes on for three years...it's not worth filing bk for $300K.
F32 is offline  
0
Reply With Quote
      11-04-2013, 05:04 PM   #36
Gladius
Two Wheels or Four?
 
Gladius's Avatar
 
Drives: '07 SG Z4MCoupe
Join Date: Mar 2007
Location: Colorado

Posts: 552
iTrader: (0)

I had this exact same thing happen to me about 7 years ago, including the 401k. After the 3rd check (I figured the first one was just the delayed check, by the second one I figured out something was wrong and contacted them, but they didn't get back to me before the third check came). I paid them back but they told me they couldn't do anything about the bonus 401k contributions. I also asked for a letter that I could show the IRS if they screwed up my W2s stating precisely how much I had actually made that year.
__________________

'07 SilverGrey Z4M Coupe
Gladius is offline   United_States
0
Reply With Quote
      11-06-2013, 01:00 PM   #37
MiddleAgedAl
First Lieutenant
 
Drives: M3
Join Date: Jul 2010
Location: sitting down, facing the keyboard

Posts: 318
iTrader: (0)

Take the money, go to Vegas. Invest it all on the Roulette wheel. Take all your winnings, put the original amount aside to give back to them, and enjoy the surplus.


Please note: I'm not terribly good at statistics & probabilities, I suppose there is a minuscule chance this could end badly.
MiddleAgedAl is offline  
0
Reply With Quote
      11-06-2013, 01:50 PM   #38
Maestro
Captain
 
Drives: 2007 335i Sedan
Join Date: Nov 2006
Location: Philadelphia

Posts: 869
iTrader: (0)

Quote:
Originally Posted by Mr Tonka View Post
All valid points. I'm just curious what their recourse is other than court or collections.

And OP, before you go on a shopping spree, send me 25% for online consulting fees.

Maybe this is "hush" money of sorts so you don't get legal on their asses. ??
To answer your questions, and this does vary by state since different states have different laws. Companies have any number of recourse to get their money back. One is to just pull it back since most direct deposit agreements you set up says the one making the deposit also has the right to withdraw if required. As some people said go spend the money, yeah not a good idea. I know someone who did this, he claims it never dawned on him that it was not his to spend. Needless to say he was sued and end up paying it back with penalties. The judge also threaten his with criminal charges if he did not repay in a very short period of time.

Believe it or not with larger companies this happens more times than not, I have heard of this happening many times. A person is no longer with a company but the checks keep coming and it is usually a screw up by someone in payroll. Also, company are required to pay you anything they owe you by your last day, unless you agree to something different.

To your point, the best advice is to act as if it was your company and how would you like your employees to act if this happen to you. But you have no requirement to tell them, but do not spend it since they will eventually figure it out and want it back.

Last edited by Maestro; 11-06-2013 at 05:28 PM.
Maestro is offline  
0
Reply With Quote
      11-06-2013, 01:57 PM   #39
amanda hor$t
Banned
 
Drives: a380
Join Date: Sep 2012
Location: ny ny

Posts: 208
iTrader: (0)

Quote:
Originally Posted by Maestro View Post
To answer your questions, and this does vary by state since different states have different laws. Companies have any number of recourse to get their money back. One is to just pull it back since most direct deposit agreements you set up says the one making the deposit also has the right to withdraw if required. As some people said go spend the money, yeah not a good idea. I know someone who did this, he claims it never dawned on him that it was not his to spend. Needless to say he was sued and end up paying it back with penalties. The judge also threaten his with criminal charges if he did not repay in a very short period of time.

Believe it or not with larger companies this happens more times than not, I have heard of this happening many times. A person is no longer with a company but the checks keep coming and it is usually a screw up by someone in payroll. Also, company are required to pay you anything they own you by your last day, unless you agree to something different.

To your point, the best advice is to act as if it was your company and how would you like your employees to act if this happen to you. But you have no requirement to tell them, but do not spend it since they will eventually figure it out and want it back.
good points (can't confirm since this hasn't happened to me so never been my problem). though i'm pretty sure when it's cash, an accidental payment is on the payer, the payee has a right to keep it. so if this happens at a blackjack table, just shup up take your money and go, lol
amanda hor$t is offline  
0
Reply With Quote
      11-07-2013, 07:53 AM   #40
Foxrus14
1 SLY 1
 
Drives: Sleeper Until the key turns
Join Date: Jan 2013
Location: Charlotte, NC

Posts: 173
iTrader: (0)

Send a message via Skype™ to Foxrus14
Happened to a friend of mine but he was fired... and they came back to take the money and he said try it and he would sue for wrongful termination... he kept their money and nothing else was ever made of it. only went on for about 2 months.
__________________
2013 X1 35i M Sport - Mine
2012 135i M Sport - Wifey
2014 ZL1 - Mine
2014 Harley Davidson Street Glide Special - Mine
2014 Harley Davidson Breakout - Wifey
Foxrus14 is offline   United_States
0
Reply With Quote
      11-07-2013, 09:46 AM   #41
Kolyan2k
Brigadier General
 
Drives: 2006 S2000
Join Date: Apr 2010
Location: Boston

Posts: 3,921
iTrader: (1)

Get few checks for a month pay and change your bank account number so they can't get their money back. Easy.
Kolyan2k is offline  
0
Reply With Quote
      11-07-2013, 11:17 AM   #42
Billup
Dr. Mantis Toboggan
 
Billup's Avatar
 
Drives: Your mum crazy.
Join Date: Jun 2013
Location: NC / MI

Posts: 681
iTrader: (0)

Quote:
Originally Posted by Kolyan2k View Post
Get few checks for a month pay and change your bank account number so they can't get their money back. Easy.
This is a good idea, because they most likely will not have his full name, address, social security number, or any other means of tracking him down in less than 2 minutes.

OP, what have you bought? Post pics!
__________________
2012 Black Motorbike
2008 Red Car
Billup is online now   Azerbaijan
0
Reply With Quote
      11-07-2013, 11:29 AM   #43
Maestro
Captain
 
Drives: 2007 335i Sedan
Join Date: Nov 2006
Location: Philadelphia

Posts: 869
iTrader: (0)

Quote:
Originally Posted by Foxrus14 View Post
Happened to a friend of mine but he was fired... and they came back to take the money and he said try it and he would sue for wrongful termination... he kept their money and nothing else was ever made of it. only went on for about 2 months.
Yeah that works, but does not work with all company, I would hope he did not make his statement in writing.
Maestro is offline  
0
Reply With Quote
      11-07-2013, 11:31 AM   #44
Kolyan2k
Brigadier General
 
Drives: 2006 S2000
Join Date: Apr 2010
Location: Boston

Posts: 3,921
iTrader: (1)

Quote:
Originally Posted by Billup View Post
This is a good idea, because they most likely will not have his full name, address, social security number, or any other means of tracking him down in less than 2 minutes.

OP, what have you bought? Post pics!
this isn't a bank, its a payroll department. they cant do anything with that info other then go to court and try to prove that you quit a month before. and before they try to do anything, most likely they will call first and ask to return the money, thats if they actually remember to do anything.

actually all depends on who big is your paycheck

Last edited by Kolyan2k; 11-07-2013 at 12:08 PM.
Kolyan2k is offline  
0
Reply With Quote
Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 09:32 AM.




e90post
Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST