Advance salary payable format mail
Here is a sample format for an advance salary payable email:
Subject: Advance Salary Payable - [Employee Name]
Dear [Manager's Name],
I am writing to inform you that [Employee Name] has been granted an advance salary of [amount] for [purpose of advance]. This advance is payable on [date of payment] and will be deducted from their next salary payment.
The details of the advance are as follows:
- Amount: [amount]
- Purpose: [purpose of advance]
- Date of payment: [date of payment]
- Next salary payment deduction: [next salary payment date]
Please find attached a copy of the advance salary payable agreement for your records.
If you have any questions or concerns, please do not hesitate to reach out to me.
Thank you for your attention to this matter.
Best regards,
[Your Name] [Your Title] [Company Name]
Attachments:
- Advance Salary Payable Agreement (PDF)
Note:
- The format may vary depending on the company's policies and procedures.
- The email should be sent to the employee's manager and a copy should be kept in the employee's personnel file.
- The advance salary payable agreement should be signed by the employee and the manager before the advance is paid.
- The agreement should specify the terms and conditions of the advance, including the amount, purpose, and repayment terms.
Here is a sample advance salary payable agreement:
Advance Salary Payable Agreement
This agreement is made and entered into on [date] by and between [Company Name] (the "Company") and [Employee Name] (the "Employee").
WHEREAS, the Company has agreed to pay the Employee an advance salary of [amount] for [purpose of advance]; and
WHEREAS, the Employee has agreed to repay the advance salary to the Company in accordance with the terms and conditions set forth below.
NOW, THEREFORE, in consideration of the mutual covenants and promises contained herein, the parties agree as follows:
- The Company shall pay the Employee an advance salary of [amount] on [date of payment].
- The advance salary shall be repaid by the Employee in [number] installments of [amount] each, commencing on [date of first installment] and ending on [date of last installment].
- The Employee shall be responsible for repaying the advance salary in full by [date of last installment].
- If the Employee fails to repay the advance salary in full by [date of last installment], the Company may deduct the outstanding amount from the Employee's next salary payment.
- The Employee shall be responsible for any interest or penalties incurred as a result of late repayment of the advance salary.
IN WITNESS WHEREOF, the parties have executed this agreement as of the date first above written.
[Employee Signature] [Employee Name] [Employee Address]
[Manager Signature] [Manager Name] [Manager Title] [Company Name] [Company Address]
Date: [date]
Please note that this is just a sample and the actual agreement may vary depending on the company's policies and procedures.