Can retro pay be negative?
Could you please clarify, is it possible for retro pay to have a negative value? I'm curious to understand the circumstances under which this might occur. Does it mean that employees are being asked to repay money they've already received? Or is it related to adjustments made to past paychecks due to errors or changes in pay rates? I'm looking for a concise yet comprehensive explanation to help me better understand this concept.
How much retro pay will I get?
Hello there, I'm curious about the amount of retro pay I'm entitled to receive. Could you please explain what factors determine the retro pay amount and how the calculation process works? Additionally, are there any specific deadlines or procedures I need to follow to ensure I receive my retro pay promptly? I'd appreciate any clarity you can provide on this matter. Thank you in advance for your assistance.