There are several times when people make errors and that is normal but when there is a payroll error then it may be a different case. There are different kinds of mistakes that can be made on the payroll. The payroll error should be rectified the very moment the error is detected. The procedure that should be taken for the fixing of the payroll may take a long time. When a payroll error is noticed, that is the moment that an employer should take to start fixing the problem and consulting a professional on the matter is ideal. There are many of those professionals that the employer may use either from the company or business or an external professional may be of help. An employer is likely to benefit from this.
An example of the commonly made mistakes on the payroll is a miscalculation of hours and many others. he payroll errors are bound to happen and what an employer out to do is get a solution for the problem. When the problem is realized within ninety days then it can be fixed. It is important to know how long an employer has to fix a payroll error. There are those payroll errors that take longer to fix and those that are easier to fix and all this depends how complicated the issue is. Click on this homepage to discover more about the period that an employer may take to resolve a payroll error that is detected.
Among the instances when there is need for a payroll error fixing is when there is an underpayment of an employee. When an employee wins the administrative claim on underpayment then there are penalties that the employee may be paid. The employee may get paid for the damages caused when the employee was being underpaid. The employer may be given two years to ensure that he or she pays the employee. The two years is after the time when the underpayment was noticed and for the employers that deliberately underpaid, the period goes to three years.
The other time when there is a mistake on the payroll is when an employer overpays an employee. The time that an employer takes to fix an overpayment error is dependent on the time when an employee reports an overpayment. The employer has until eight weeks for him or her to collect the overpayment from the overpaid employee. The employer may take six-year to finish the overpayment payroll error fixing.