I made a HUGE mistake about 5 months ago with an employee. No perverts, not that.
I own a small company. We have a large Dell Financial line of credit. This place looks like the house that Dell built.
Anyway, an employee comes to me about 5 months ago and asks if she can buy a computer on the Dell credit account and make payments frmo her paycheck. I'm reluctant but she's a good kid, married with two kids, and a decent worker so I say yes.
She gets the mammajamma laptop for $2,800.
She tells me last Friday she's leaving the company. Tomorrow is her last day. She has made 10 payments of $75.
All of our employees sign agreements that if they owe money to the company when they leave, their last check will be applied to the balance owed. Well, here's my pickle. She wants to make payments on the laptop after she's gone. I'm not stupid. In 3 months her car will break down or her husband will lose his job or she'll have to go to the dentist for something major and my payments will slow, then stop. I'll be left holding the bag. I'm not doing that in all likelihood.
Her last paycheck is going to be about $800. I'm inclined to either take her last paycheck and set up an autodraft on her checking account for the balance and explain to her that if she misses one payment (the laptop is in the company name until she's paid for it in full) I'll report the thing stolen, or I'm thinking of offering her the $750 back that she has paid, giving her her last paycheck, and just taking the laptop.
My fear is that if I don't give her the payment option, which I'd prefer not to do, she'll leave her last check and the $750 with me, which will total about $1,500, and walk off with my $2,800 laptop, leaving me to eat the $1,300.
If she does that I'll report it stolen too...
This sucks. Anyway, what would y'all do?
I own a small company. We have a large Dell Financial line of credit. This place looks like the house that Dell built.
Anyway, an employee comes to me about 5 months ago and asks if she can buy a computer on the Dell credit account and make payments frmo her paycheck. I'm reluctant but she's a good kid, married with two kids, and a decent worker so I say yes.
She gets the mammajamma laptop for $2,800.
She tells me last Friday she's leaving the company. Tomorrow is her last day. She has made 10 payments of $75.
All of our employees sign agreements that if they owe money to the company when they leave, their last check will be applied to the balance owed. Well, here's my pickle. She wants to make payments on the laptop after she's gone. I'm not stupid. In 3 months her car will break down or her husband will lose his job or she'll have to go to the dentist for something major and my payments will slow, then stop. I'll be left holding the bag. I'm not doing that in all likelihood.
Her last paycheck is going to be about $800. I'm inclined to either take her last paycheck and set up an autodraft on her checking account for the balance and explain to her that if she misses one payment (the laptop is in the company name until she's paid for it in full) I'll report the thing stolen, or I'm thinking of offering her the $750 back that she has paid, giving her her last paycheck, and just taking the laptop.
My fear is that if I don't give her the payment option, which I'd prefer not to do, she'll leave her last check and the $750 with me, which will total about $1,500, and walk off with my $2,800 laptop, leaving me to eat the $1,300.
If she does that I'll report it stolen too...
This sucks. Anyway, what would y'all do?