Saturday, 10 February 2007
Is it legal for a company to take 10% out of every pay check? -
They are stopping once they collect $3000. They are not paying him interest on the money. They are calling it a quot;retainerquot;. Is this legal? Shouldn t they pay interest? It doesn t seem fair that they earn the interest on his money.|::::|He s not an employee, and it s not a paycheck. He s a subcontractor, which is different...so it s legal if the contract says it s legal. If there s no contract, hopefully at least there was a verbal agreement about the 10%.|::::|It sounds like a commission sales job. The are giving him 90% of the commission when it writes the order. The last 10% comes when the company collects its money and the sale is complete. It is likely legal and much better than having to wait until the sale completes to get any of the commission.|::::|http://uk.answers.yahoo.com/question/ind...|::::|What type of business is it?
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