Each week, we will feature a different document from our forms library and provide information about where to find it, what it’s used for, and any necessary instructions. With this program, you’ll always be one step ahead of the game when it comes to finding the forms you need.
This week, the HR Form of the Week is an Benefits Repayment Agreement.
For clients with access to the Forms Library, you can locate the document as follows:
Benefits repayment agreements are helpful for Employers to recoup payments made by the Company while an Employee was on a Leave of Absence.
Ideally, Employees on any type of leave should be required to make timely (Pay-as-you-go) payments for their EE premiums. However, in cases where this is not established and the Company pays 100% of the premium, a written authorization is often required to recoup the EE’s share/debt once they return to work.
State laws strictly regulate the deduction from pay, which is why Employers must tread carefully. For many states, a voluntary written authorization is required. Use this week’s HR Form of the Week to keep on file for such scenarios. As always, consistency is key, so be sure to apply uniformly for all leave scenarios.
We hope you find this information valuable and that it helps to make your HR experience easier and more efficient.
How to download the HR Form of the Week:
- Click the “Benefits Repayment Agreement” button
- Click “File”
- Click “Download”
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