Difference between revisions of "Advances on payroll to staff members"

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'''I suggest C7 be changed to Beancounters, otherwise this is ready to be approved. [[User:Ali|Ali]] 23:11, 22 July 2010 (UTC)'''
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{{policy in development}}
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{{Policy Header
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| PolicyName = {{PAGENAME}}
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| notes = This policy explains how a Free Geek employee may get an advance on his/her paycheck
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}}
 
==Policy==
 
==Policy==
 
''Body that set the policy(s) on [lists.freegeek_meeting_Minutes Date Adopted].''
 
''Body that set the policy(s) on [lists.freegeek_meeting_Minutes Date Adopted].''
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* If the total amount owed exceeds forty percent of the worker's normal paycheck (before taxes) or if there has been no payment in a three month period, then C7 will arrange for automatic deductions that would pay off the debt within a year's time.
 
* If the total amount owed exceeds forty percent of the worker's normal paycheck (before taxes) or if there has been no payment in a three month period, then C7 will arrange for automatic deductions that would pay off the debt within a year's time.
 
* Staff may get paid early: A staff member may receive an advance for up to her whole paycheck if it is paid back with her next paycheck.
 
* Staff may get paid early: A staff member may receive an advance for up to her whole paycheck if it is paid back with her next paycheck.
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[[Category: Undocumented Policy]]
 
[[Category: Undocumented Policy]]

Revision as of 16:11, 22 July 2010

I suggest C7 be changed to Beancounters, otherwise this is ready to be approved. Ali 23:11, 22 July 2010 (UTC)

This is a page concerning a policy or procedure in development.
Once fleshed out, we'll consider it for adoption as official policy at Free Geek.

Advances on payroll to staff members: This policy explains how a Free Geek employee may get an advance on his/her paycheck
List of Policies - Policy Development


Policy

Body that set the policy(s) on [lists.freegeek_meeting_Minutes Date Adopted].

There is no guarantee that Free Geek will be able to give an advance to a staff member, however we recognize that there will occasionally be a need for an advance.

  • Advances should be cleared through the C7 committee.
  • An advance should not exceed forty percent of the amount the worker normally receives in a paycheck (before taxes).
  • Advances should not be routinely given out over several consecutive months.
  • In no circumstances will an advance be given out if the C7 committee believes there will not be enough funds to cover the advance and the normal cash flow needs of Free Geek.
  • If the total amount owed exceeds forty percent of the worker's normal paycheck (before taxes) or if there has been no payment in a three month period, then C7 will arrange for automatic deductions that would pay off the debt within a year's time.
  • Staff may get paid early: A staff member may receive an advance for up to her whole paycheck if it is paid back with her next paycheck.