Salary Advance Request Form
$0.00
This salary/wage advance request form can be used when employees request an advance on their wage or salary. The employee agrees to repay the advance through deductions made by the employer in future paychecks.
Available in MS Word & fillable PDF. 1 page.
Description
Employees will sometimes ask their employer for an advance on their wage or salary in the event of emergencies and other unexpected expenses. Companies can give this wage advance request form to their employees in these situations. The employee agrees to repay the employer in one lump-sum or by equal deductions in future paychecks. In the even of termination, any unpaid balance will be deducted from the last paycheck.
Contents
Salary/Wage Advance Request Form
How to Use
(1) Fill in the blanks with the appropriate information.
(2) The employee signs and dates the document.
(3) The manager, supervisor, or authorized company representative approving the wage advance signs the document.
(4) Provide copy of document to payroll manager/department, provide a copy to the employee, and keep original in the company’s file.
FAQs
What is a salary or wage advance?
A salary or wage advance is when an employer gives an earlier payment of wages to an employee. It is essentially an interest free loan from the employer to the employee to help the employee pay for things like personal emergencies and unexpected expenses. Repayment of the advance will come from deduction in future paychecks.
