TSLA404.660-6.49%
GM82.510-1.555%
F14.430-0.34%
RIVN15.930-0.75%
CYD50.460-1.37%
HMC26.850-0.12%
TM178.190-2.03%
CVNA70.0101.11%
PAG180.7600.695%
LAD307.500-1.02%
AN195.8602.47%
GPI325.600-0.14%
ABG199.8200.27%
SAH83.650-0.06%
TSLA404.660-6.49%
GM82.510-1.555%
F14.430-0.34%
RIVN15.930-0.75%
CYD50.460-1.37%
HMC26.850-0.12%
TM178.190-2.03%
CVNA70.0101.11%
PAG180.7600.695%
LAD307.500-1.02%
AN195.8602.47%
GPI325.600-0.14%
ABG199.8200.27%
SAH83.650-0.06%
TSLA404.660-6.49%
GM82.510-1.555%
F14.430-0.34%
RIVN15.930-0.75%
CYD50.460-1.37%
HMC26.850-0.12%
TM178.190-2.03%
CVNA70.0101.11%
PAG180.7600.695%
LAD307.500-1.02%
AN195.8602.47%
GPI325.600-0.14%
ABG199.8200.27%
SAH83.650-0.06%

Honda overpays employee bonuses, requires factory workers to repay

Honda

Honda Motor Company is asking some employees from its Marysville factory in Ohio to repay a portion of bonuses the company said were accidentally overpaid.

According to a report from WCMH NBC 4, the company issued a memo saying that bonuses were overpaid and offered employees the option of deciding how to pay the money back.

According to the memo, employees have until September 22 to decide whether to pay the money back upfront or elect to have it deducted from future paychecks. The company said that future bonuses will be docked by default if no option is chosen.

“Earlier this month Honda provided bonus payments to its associates, some of whom received overpayments. Issues related to compensation are a sensitive matter and we are working quickly on this item to minimize any potential impact to our associates,” said a spokesperson from the company to Fox Business Digital on Saturday. The spokesperson added, “Since this is a personnel issue, we have no further information to provide related to this matter.”

Speaking anonymously, one employee’s wife told the news station that the overpayment amount totaled around 8% of the bonus and equaled hundreds of dollars.

“That’s, you know, a car payment. That’s half our mortgage. That’s two, three weeks’ worth of groceries,” she said. “That’s a lot of money for us.” 


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