Documents related to 'agreement for loan repayment'
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Loan application formOur loan application form asks the employee to specify the type and purpose of loan requested from you, the amount they wish to borrow and the date it's required. They also need to provide further information relating to their pre... Read more
03 Mar 2017
Season ticket loans policyTravelling to work by public transport is costly and therefore many employers provide season ticket loans. This enables the employee to buy an annual travel ticket paid for by their employer but with the cost then deducted f... Read more
22 Dec 2015
Letter confirming a reduction in hours requestUse our letter to issue to an employee once it's been agreed they can reduce their hours from full-time to part-time work. It sets out the relevant changes to their contractual terms consequent on such a r... Read more
23 Jan 2020
Letter seeking recovery of training costsWhere an employee is leaving your employment having signed a valid training costs agreement, use our letter to advise them what external training costs they're now required to repay.Agreement on training costsO... Read more
05 Jul 2021
Overpayment of wages letterAs a general rule, you're able to recover accidental overpayments of wages by making deductions from the employee's salary. For this type of deduction, you don't need the employee's consent.An authorised deductionOccasionally, ... Read more
13 Jan 2023
Overpayment of wages repayment receipt letterWhere an employee or ex-employee has been repaying an earlier accidental overpayment of wages, once they've fully paid off their debt you can use our letter to confirm that.Current employeesWhere there's bee... Read more
12 Oct 2021
Overpayment of wages letter for ex-employeeIf you discover an accidental overpayment of wages after an employee has left your employment, use our letter to ask them to pay the monies back. If they refuse to repay and you're not willing to write off th... Read more
08 May 2015
Loans policyIf you're willing to provide occasional loans to employees on a discretionary basis, consider including our loans policy in your staff handbook. It sets out the procedure for applying, how the loan will be paid to the employee (if granted)... Read more
11 Nov 2015
