Under the current circumstances, a sample letter requesting an advance or down payment may be beneficial to you. A cash flow concern may lead you to turn to this solution. We often talk about an advance or a down payment. The two terms can be ambiguous. And a lot of people can't tell them apart. A small focus on the subject explains in detail the distinctions and similarities between its two expressions.
Advance or deposit?
Confusing, these two formulations define different approaches. They are far from being synonymous. And Article L. 3251-3 of the Labor Code to recall this. Let's see the difference together.
Payday advance
An advance is an amount that the employer credits its employee for work that they are going to perform in the near future. The task has not yet been completed, but the worker will be able to use part of his pay. This is a mini loan that the interested party will have to repay through his work.
If you are asking your boss to pay you a fraction of your September salary until the end of August, then your request is for a salary advance. In this context, your employer may accept or refuse to grant you this advance payment.
The salary advance corresponds to a free sum specified by the employee. The amount can be paid by bank transfer, cash or check. Conventionally, it is necessary to specify the amount of the advance and to have it signed by everyone. It is also important to define the terms of reimbursement. Both parties must have a signed copy of all of its provisions.
The salary deposit
The deposit is different from the payday advance. Here, we are talking about an advance payment of part of the salary that the employee has already earned. In any case, it is not a loan. The amount that the interested party requests in his deposit corresponds to the amounts he has acquired. This person is just asking that the date of payment of a part of his salary be brought forward compared to the normal date.
Under these conditions, it should be specified that the deposit must never exceed the monthly salary of the individual. Moreover, article L. 3242-1 of the Labor Code provides further information on the subject. He mentions that it is possible for an employee to request a deposit corresponding to the amount of fifteen working days, which is equivalent to half of his monthly remuneration.
This implies that from the fifteenth of the month, the employee has the legal right to request a deposit comparable to two weeks of work. It is a right that his employer cannot deny him.
Under what conditions can an employer refuse a deposit or an advance on salary?
Countless conditions come into play and decide whether or not to pay a deposit or advance on salary. The terms differ according to the employee's status, but also according to the nature of the request.
Payday advance
Regarding the payday advance, your boss is free to accept or refuse your request. However, if you provide him with evidence to support your request. Any useful information that will tip the scales in your favor. You should get a favorable response.
The deposit
Your company is required by law to accept your down payment request. However, this rule is subject to exceptions. It is possible to refuse this deposit if the request comes from a home worker, an intermittent worker, seasonal workers or temporary workers.
How to write your request for a payday advance?
As long as you are lucky. And that you be given a payday advance. It is preferable to establish a letter in which you set the conditions for repayments. Send your payroll advance request letter by registered mail with acknowledgment of receipt if possible. Indeed, sending by registered mail with acknowledgment of receipt constitutes a legal document. An essential in case of dispute. In addition, this option has the merit of being simple, fast and inexpensive.
Payday advance request letter
Julien dupont
75 bis rue de la grande porte
75020 Paris
Phone: +06 66 66 66
julien.dupont@xxxx.comDear,
Function
Address
ZIP codeIn [City], on [Date]
Subject: Request for an advance on salary
Dear,
It is with many genes that I inform you of my personal concerns. (Specify your problem), I must have the sum (the amount you plan to ask) to remedy the situation. As a result, I have to ask you exceptionally for an advance on your salary which corresponds to the amount I urgently need.
I am considering if you agree to give me your support, to repay the total amount within eight months. For this, a monthly deduction from my next salaries will be made during this period. This will allow me to return the borrowed amount to you at an acceptable rate for me and my family.
I sincerely thank you for your interest in my request. Please accept, Madam, Sir, the expression of my distinguished feelings.
Signature
How can the employee request a deposit from his employer?
The person can collect a deposit by simple request on paper, by post or electronically. In some establishments, down payment request forms are available for employees who wish to benefit from them. This technique helps to standardize demand and make it easier for employees.
In other organizations, the request is made directly on internal software. This directly integrates the payroll software once validated by the company's payroll manager.
Simple deposit request letter
Julien dupont
75 bis rue de la grande porte
75020 Paris
Phone: +06 66 66 66
julien.dupont@xxxx.comDear,
Function
Address
ZIP codeIn [City], on [Date]
Subject: Request for an advance payment
Madame, Monsieur,
Currently in a delicate financial situation, I ask you to kindly grant me a down payment on my salary for the current month.
I know you allow as the law provides. To any employee who needs it to make this type of request after fifteen days worked. It is in this context that I would like to take advantage of the payment of the sum of [amount in euros].
Thanking you for complying with my request, please accept, Madam / Sir, the expression of my best regards.
Signature
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