Difference between revisions of "Advances on payroll to staff members"
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| + | [https://docs.google.com/a/freegeek.org/document/d/1wp-ZCbBxUSuMB_HJj64GuKTyFlpR5gWU-APqqbahdaE/edit?usp=sharing Link] | ||
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| + | '''We have an actual procedure in place for advances. This page is outdated. Please speak to HR if you want or need an advance. -- [[User:Mkille|Mkille]] 23:49, 19 April 2013 (UTC)''' | ||
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| + | {{policy in development}} | ||
{{Policy Header | {{Policy Header | ||
| − | | PolicyName = | + | | PolicyName = {{PAGENAME}} |
| − | | notes = | + | | notes = This policy explains how a Free Geek employee may get an advance on his/her paycheck |
}} | }} | ||
==Policy== | ==Policy== | ||
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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. | 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 | + | * Advances should be cleared through the beancounters group. |
* An advance should not exceed forty percent of the amount the worker normally receives in a paycheck (before taxes). | * 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. | * Advances should not be routinely given out over several consecutive months. | ||
| − | * In no circumstances will an advance be given out if the | + | * In no circumstances will an advance be given out if the beancounters group 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 | + | * 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 beancounters 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: Policy]] | + | |
| + | [[Category: Undocumented Policy]] | ||
[[Category: C7]] | [[Category: C7]] | ||
| − | [[Category:Accounting]] | + | [[Category: Accounting]] |
| − | [[Category:Link needed]] | + | [[Category: Link needed]] |
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Latest revision as of 12:22, 24 October 2014
 This page has been migrated to a document on Free Geek's Google Drive. Information remaining behind may no longer be relevant. MIGRATOR: When you have tagged this page as migrated, (Link to new page immediately below.) |
We have an actual procedure in place for advances. This page is outdated. Please speak to HR if you want or need an advance. -- Mkille 23:49, 19 April 2013 (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
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 beancounters group.
- 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 beancounters group 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 beancounters 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.