Honda overpays bonuses, asks for cash back from employees: report
Honda said it was working to minimize any impact to its employees
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Employees at the Marysville Honda Motors Co. factory in Ohio were reportedly asked to give back money from overpaid bonuses.
According to WCMH NBC 4, a memo distributed Tuesday said that bonuses have been overpaid and gave workers a Sept. 22 deadline to determine how to pay back the money.
They can select whether the money should be taken out of future paychecks, deducted from future bonuses or will be paid upfront.
Otherwise, Honda will deduct from future bonuses by default.
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FILE - An employee welds the chassis of a Honda Motor Co. 2017 Acura NSX vehicle at the Honda Performance Manufacturing Center in Marysville, Ohio, Nov. 10, 2016. (Ty Wright/Bloomberg via Getty Images / Getty Images)
"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," Honda told Fox Business Digital on Saturday.
FILE - An employee wears a Honda Motor Co. patch on a lab coat at the Honda Auto Plant in Marysville, Ohio, Nov. 10, 2016. (Ty Wright/Bloomberg via Getty Images / Getty Images)
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"Since this is a personnel issue, we have no further information to provide related to this matter," the spokesperson said.
FILE - American and Honda Motor Co. flags fly at the Honda Auto Plant in Marysville, Ohio, Nov. 10, 2016. (Ty Wright/Bloomberg via Getty Images / Getty Images)
The wife of one employee, speaking on condition of anonymity, told the station that he owed Honda nearly 8% of the bonus: a sum totaling hundreds of dollars.
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"That’s, you know, a car payment. That’s half of our mortgage," she said. "That’s two, three weeks worth of groceries. That’s a lot of money for us."