The boss has made a personal loan to an employee. Can the boss ask for the employee check to be held?

Answers:4   |   LastUpdateAt:2012-10-04 20:20:03  

Asked at 2012-08-16 10:11:03
The boss wants the employee to reach it for the paycheck so he can cash it and get some money from the employee . Is this legal ?
Answer1Naresh JafarAnswered at 2012-08-16 13:53:05
I do not think the boss could have the paycheck.

This really depends on what you mean when you say a "personal loan" If the boss has made the loan with money from the company, then it must have been agreed before the loan would be paid way either through payroll deductions or not. In this case, the employee owes money to the company that s / he borrowed and must repay the money. The employer may have physical control and require the employee to come get it (if that is the implementation, if the employee has something like direct deposit, you may not be useless to keep only in the heel payment), but could only take money from checking if the worker permits.

The other side of this is that if when you say "personal loan" meaning the chief used his own money to provide the loan. In this case, this is more along the lines of a loan between two people and the company has nothing to do with it and should not enter the equation. If this is the situation, the employee owes money to the boss, and while s / he will probably have to use the money from his / paycheck to repay the money, the boss has no legal right to access the verification and have kept.

In general, wages are payable to employees anyway, so even if the boss has failed to collect anyway. If the head in any way give you the check, the employee may more likely the request of another paycheck is issued and canceled the other. Requests that the check was made to collect from the employee him / herself.

In the future, would be the best way to avoid borrowing from people like your employer, as it only could add tension to the relationship work if something were to go wrong.
Answer2lavoriaAnswered at 2012-08-20 02:37:02
Yes , it is legal because the details of the loan is based on the fact that this guy could pay a little out of each paycheck.
Answer3i want a guy with a v.c.r very cute rear Answered at 2012-09-08 16:45:03
What do you mean by boss? Manager or owner ? If you are a manager of a company that has not , then no. if the company / owner itself , then yes .
Answer4DesireeAnswered at 2012-10-04 20:18:16
The boss may have the employee come to him for the paycheck - but the boss can not delay the paycheck, or refuse to deliver, or cause the release of conditional paycheck loan repayment .
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