This loan is really advanced "salary". The company does not give salaries but employees depend on commissions. The employer extends advanced salary to all employees. Once they earn commission, the advanced salary will be deducted from this commission earned. The employee has since left the company and will duly pay any outstanding amount owed. However, the employer is now demanding repayment including interest which was never stated in the contract.
2007-01-28
00:33:51
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5 answers
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asked by
Dee_Soh
2
in
Business & Finance
➔ Other - Business & Finance