I get a message from Benefits saying I was overpaid on my severance by $2300 and now I have to pay it back. I was unaware of any overpayment as I wrongly assumed Sears knew what they were doing. I earmarked this money for expenses as I'm still not working not to mention they took taxes and 401k deductions out of it. I can't believe this. Can't they do ANYTHING right?
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Fmr Ops Mgr here...
I remember getting two or three letters in the store mail and FLS mail that credit was over or double paid and we were to ask and have employees sign a waiver to have the funds subtracted out of their bank accounts.
Each time this came down, I threw the papers right in the garbage and told the SGM they worked hard for that money and there was no way I was asking for a dime back. He agreed, we never heard a peep nor suffered any backlash.
Maybe they "deserved" it or not, point was they worked hard for it and I wasnt going to ask for any of it back, especially with how hard credit is pushed.
2vqm- First, this is immoral. It is not your money and you need to repay it, things happen, mistakes are made. Second, go ahead and try to tell them to kick rocks and you will pay not only the principle back but also interest and penalties. An example would be people who have money deposited in their accounts by mistake by a bank and they go and spend the money. They have to pay it back or go to jail. Get a clue, or get a lawyer so you can understand the law.
You're right it's not your fault you were overpaid. I agree that it's maddening you have to deal with this in what is no doubt a stressful time and situation. And the wording of the notices you received tells me this is being handled by persons very remote empathetically and geographically from your position and location. Unfortunately you will still have to repay the erroneous amount. If you were still employed Sears would just make deductions from your paycheck until it was repaid.
To the wiseass who posted: "When a company overpays someone the fault falls on the employer. Tell them to kick rock. You win."
You are an idiot.
It is still their money technically. You should triple check their error though and make sure your taxes are adjusted accordingly. Otherwise you'll come out with even less than what you were suppose to come out with.
It is still their money technically. You should triple check their error though and make sure your taxes are adjusted accordingly. Otherwise you'll come out with even less than what you were suppose to come out with.
It's not your fault they overpaid. They should invest more into getting things right the first time rather than halfassing everything.
I left of
My own choosing and
Months later my manager called me telling
Me there was a mistake. Guess what? I paid it back.
They screwed up my severance also, and took out medical I didn't need and garnishment I was paying out of unemployment (so I over paid). And speaking to someone is impossible ..
Unfortunately things happen. Once a bank deposited money into my account that wasnt mine. I knew it wasnt mine, so I said something. It was simply a mistake. Bad mistake, but it happens.
@ 1vse Please keep the political crap out of this board. I hear enough of it on a daily basis
I was on severance paid bi-weekly for 8 weeks. My first check was the amount they told me I would receive. Well I received extra money in my direct deposit on Friday.I was trying to figure it out, why did I get the extra money. On my last severance check they took back the extra they gave me. I Hope things work out for you.
Huh...they cry about a $2300 overpayment, a mistake THEY MADE ON THEIR OWN, but don't care about the tens of thousands of dollars that walk out of the doors each day due to shoplifting. How many millions have been lost just for the lack of inefficiency? Simple store my a-- (not just the stores, the entire company). Reminds me of the Federal government, too big and too expensive and mostly useless, except for our military.
At this point, this dumpster fire has lost billions due to its own incompetence. $2300 is not going to close the doors. Learn how to do accounting and move on.
I am curious...how long were you with the company? I am asking because I am a Sears employee, and I have been contemplating whether to leave Sears soon, or wait on a severance package that I would expect if our unit closes. I am sick of Sears, and their non-appreciation of my long-time employ, but I do not want to "shoot myself in the foot".
Wow! Maybe if you don't want to be called out on your crap you shouldn't post on a public board. I'm guessing you wanted to get a bunch of people to tell you what you wanted to hear. Sorry.
Dear OP, my my how fast you backpedal. You originally stated Sears contacted you about the overpayment. Then after numerous volleys of stupidity you claim that you caught it first via your deposit slips. THEN you bad-mouth everyone who calls you out on it. No wonder they fired your stupid A$$.
Some of the comments on here make me hope you all lose your jobs.
^ make me a villian....the jerk-off part still stands.
First of all to the idiots calling me names...shut the hell up. I e-mailed them asking when my benefits expired prior to this because I wasn't sure. So go to hell.
Second, where did I say I wasn't going to repay the money? So shut the hell up X 2.
Third, it was direct deposit so I didn't know about the extra money until it was already in my account. When I kept receiving deposits that's when I started questioning it. So shut the hell up X 4
Fourth, The point is because of Sears' incompetance I have to deal with the issue. Quit trying to make me a victim, jerk offs.
close your account, they tried to secure an over payment from me a year ago, it was there mistake. they wont and cant get it back. Eddie will drink 1 less bottle of wine this week while he manipulates the stocks.
Sue them lol. They would get nothing and the cost would outway the gain.
Now come on if your were getting paid double, you know it was to much when you got your first check, at least set it aside if they forget about it your a winner, if they ask for it back you can give it back give it back .. so they found the problem time to give it back... now your just being rude to say you gave it to me now I'm keeping it. sorry to say this, but if you were depending on this money your foolish to think its your money.
Check the letter you received and do the calculations... sometimes the company is wrong
It's not your money. I really don't care how bad SHC is or how much they have "wronged" you. Doesn't anyone have ethics anymore (and I don't want to hear comparisons to how SHC doesn't have ethics, etc... we are talking about personal ethical responsibility) on another note, they could sue you if you don't repay and I certainly would not put it past them, they can be petty.
Ps make sure you close the account asap so they don't try any b.s.
When a company overpays someone the fault falls on the employer. Tell them to kick rock. You win.
You should know how much you are owed. If something doesn't look right NEVER assume anything. You made a conscience decision to spend money they wasn't owned to you. And btw, the ACH direct deposit agreement you agreed to says they can reverse error deposits.
Here's a partial transcript:
From: ASC Customer Service, [mailto:ASCCustomerService@searshc.com]
Please note that for the pay periods from 06/18/2017 to 07/08/2017 both Warn pay and Based not worked (BNW) hours were processed for you for the complete pay periods. Hence, you are over paid for Based not worked hours.
Kindly let us know for further assistance.
Thank you,
Shinu
From: Me
So you’re telling me I owe money? Why and how could this happen? I didn’t ask to be overpaid…I based my expenses on what was given out and now I’m hit with a $2300 debt?
From: ASC Customer Service, [mailto:ASCCustomerService@searshc.com]
Yes, you need to pay back the amount that was over paid to you. The over payment happened due to the delay in updating your status in the system, because of which the regular payments were processed automatically, as you were a salaried associate.
Kindly let us know for further assistance.
Thank you,
Shinu
another reason why I do not trust this company with my 401k nor my pension.. I'm already counting on losing my pension before I get a chance to pull it all out
You should have learned long ago that any mistakes the company makes is YOUR fault. S---s to be you. Get the $2300 back to them asap or they will secure your accounts.