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19 answers

Yes you have to pay it back.
Just because there was an accounting error does not mean your leagly allowed to keep the money.

If your company so choses, they can take you to court to get it back and that would cost you time and money as well as your reputation.

THINK PEOPLE!

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2006-12-22 01:04:23 · answer #1 · answered by tora911 4 · 1 0

Yes they do have a right to reclaim it. However, some of the other answers are wrong - they have no right to tell your future employer or anybody else for that matter.

Bear in mind that that HM Revenue and Customs will know (it will be on the form your old employer submitted to them when you left) and also consider that a civil action could be brought against you in the Small Claims Court to recover the extra. If it is a large amount, and leaves the small claims court, you could be held liable for the costs of recovery.

2006-12-22 04:55:52 · answer #2 · answered by Swiss 1 · 0 0

Morally, yes. Make the right decision, it all goes down in the great ledger of life you know so if you don't pay it back then you will pay in some other way later on! There's some poor Payroll Clerk or HR Assistant on the point of being sacked for making this error, so give 'em a break at Christmas. Santa's Elves are watching!

2006-12-22 01:22:38 · answer #3 · answered by Anonymous · 0 1

How do you know they've asked for it back? Have you had a letter from the bank?

You are under no obligation to pay it back. Check out your moral feeling about it.

If they were awful horrible creeps and treated you like a no one then keep it and smile!

If they were decent people and a small group of people, nice ones who you may wish to have contact with in the future, take it back and be decent.

Let your conscience guide your decision.

2006-12-22 11:11:49 · answer #4 · answered by Anonymous · 0 0

In theory an almost certain yes.
If you know that you were overpaid, then you would feel better in yourself to pay it back.
On the other hand if you don't care and if you don't care about the potential damage to your personal reputation if they take legal action for recovery (which could well cost you money), then just ignore their letters & hope they go away.

2006-12-22 01:20:03 · answer #5 · answered by Billybean 7 · 0 1

Have you got a new job already? Even if you do and are tempted to keep the money, remember you may need them for reference someday soon.What goes round, comes round.There is nothing that beats a peace of mind and a clear conscience.Take care.

2006-12-22 04:51:37 · answer #6 · answered by Onyimeme 2 · 0 0

Hello!
Yes you have to pay it back..That is if it's in a reasonable amount of time. You don't want money that isn't your and you didn't earn that money. So pay it back. It doesn't belong to you and you have to. It can go bad on your credit report.

2006-12-22 04:59:59 · answer #7 · answered by Anonymous · 0 0

Yes.

Few people realise that your previous employer has the right to take you to Court to retrieve the overpayment.

I would pay it back if I were you, works out cheaper!

2006-12-22 01:10:21 · answer #8 · answered by ? 6 · 0 0

How much are you talking? Twenty Dollars? Two Thousand Dollars? Depends if it's enough for them to take legal action.

2006-12-22 01:04:11 · answer #9 · answered by Anonymous · 0 0

i cant actually see how they can tell his next employer that he stole from them when they overpaid him - if he's spent the money and is unable to refund it then thats just the way it went it'd have thought - i cant actually see how he can be criminalised for this

2006-12-22 01:17:38 · answer #10 · answered by Cool4Cat 1 · 0 1

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