Payrise: Extra 10k

Fire away

Registered User
Messages
44
Hi folks,

I recently got a payrise of 10k but somehow payroll have gave me 20k payrise. I didn't flag it or employer hasn't flagged it. I haven't spent the extra cash as know they will be entitled it it back. What should I do? My pension has also gone up by 20k rise not the 10k rise. Payroll is outsourced. Third month overpaid now
 

mathepac

Frequent Poster
Messages
6,708
As per previous posts, first inform HR you've been overpaid by €2.500 gross and received the net amount (after taxes, pension deductions, etc) into your account.

They need to set up a non-taxable adjustment for Nov & Dec payroll runs to reduce your gross pay by €1,250 for each month. Your tax, pension, etc is calculated after this deduction is taken, balancing taxes etc prior to year-end and easing the pain of having one big deduction from payroll.
 
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mtk

Frequent Poster
Messages
454
Better tell them you just noticed and asap

This happened to me once . I told them staightaway that month
 

staff

Frequent Poster
Messages
102
This happened me a couple of years ago also except as well as having been doubled (not as big as yours) the payrise had been backdated for 6 months. I went to my boss as soon as I noticed but because it was their fault and not mine they just changed it back to what it was meant to be for the next month. Very decent of them in fairness.
 

Fire away

Registered User
Messages
44
I think I will take my chances and say nothing. Something similar happened to.me before where i was under paying BIK for few years and they just wrote it off. Company are very loose good few stories where people have been paid twice for exams, travel expenses over paid etc.
 

David1234

Frequent Poster
Messages
186
You came looking for advice. You didn’t like it so you have ignored it.

You are essentially stealing from your employer and happy to do so. I really hope this comes back to bite you in the ass.
 

Blackrock1

Frequent Poster
Messages
355
You came looking for advice. You didn’t like it so you have ignored it.

You are essentially stealing from your employer and happy to do so. I really hope this comes back to bite you in the ass.
Exactly

And there will be whinging and nashing of teeth when it’s eventually spotted and they ask for their money back
 

Purple

Frequent Poster
Messages
8,871
I think I will take my chances and say nothing.
Sure, it's only stealing after all. Just don't give out about the people who engage in Social Welfare or Insurance fraud or steal cars or break into houses. After all, you're one of them now.
 

Feemar5

Frequent Poster
Messages
206
I hope you are not looking for promotion in your company - keeping money you are not entitled to would not impress the management. The mistake will eventually show up when salary figures are checked against the budgeted figure and it will be difficult to say you didn't notice such a big increase - if it was €20 there might be an excuse for you but not such a large figure. Honesty is the best policy !!
 

tallpaul

Frequent Poster
Messages
1,038
Yes go and spend it. Spend it all. Then when your company realises its error and takes the money back, make sure to come back on here and ask what your 'rights' are. Seems to be the modern way now.

Or maybe perhaps cop on to yourself and do the right thing? Of course that seems to be the not very modern way now.
 
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