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Retro pay after termination or resignation
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<blockquote data-quote="UpstateNYUPSer(Ret)" data-source="post: 1279708" data-attributes="member: 12570"><p>Retroactive pay is pay which an employee is owed for work which has already been completed. It is often made up in the form of a lump sum in which the difference between what the employee was paid and what the employee should have been paid is made over in a check. Sometimes an agreement may be reached in which the employer disburses small payments with each paycheck until the difference has been made up. There are a number of reasons why people might be entitled to retroactive pay.</p><p></p><p>The most common reason for this situation to occur is ongoing labor negotiations. While negotiations are underway, the employer continues to pay employees at the established rate. When the negotiations are over, they may include a clause that employees are entitled to retroactive pay, starting on a set date, because part of the agreement includes a wage increase. The employer is required to make up the difference as part of the overall enactment of the agreement.</p></blockquote><p></p>
[QUOTE="UpstateNYUPSer(Ret), post: 1279708, member: 12570"] Retroactive pay is pay which an employee is owed for work which has already been completed. It is often made up in the form of a lump sum in which the difference between what the employee was paid and what the employee should have been paid is made over in a check. Sometimes an agreement may be reached in which the employer disburses small payments with each paycheck until the difference has been made up. There are a number of reasons why people might be entitled to retroactive pay. The most common reason for this situation to occur is ongoing labor negotiations. While negotiations are underway, the employer continues to pay employees at the established rate. When the negotiations are over, they may include a clause that employees are entitled to retroactive pay, starting on a set date, because part of the agreement includes a wage increase. The employer is required to make up the difference as part of the overall enactment of the agreement. [/QUOTE]
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Retro pay after termination or resignation
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