Need your valueble insight

I'm seeking your input on addressing a sensitive situation. An employee mistakenly drafted an agreement with a client, resulting in a loss of Rs. 35,000 to a company.

The employee's monthly salary is Rs. 32,000. While deducting the entire amount from their salary might seem justified, I'm open to alternative solutions that minimize the impact on both the employee and the company.

Do you have any suggestions on how to handle this situation in a fair and constructive manner?

Replies (3)
Quick Summary
An employee's error led to a Rs. 35,000 company loss, exceeding their monthly salary. The discussion explores how to address this, with suggestions including a 5-month repayment plan. It also considers the impact of not deducting the amount and the importance of company policy and insurance.

Distribute the amount in next 5 months for EMI of Rs. 7K PM.

Thank You very much!! what about if not deducting the amount and what impact in office sociology?

Depends upon the policy of the employer. Many such events are condonable. Most of such losses are even insured by company.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
04 September 2026
CA inter Or ca finalist

A Jaiswal and company

Lucknow

CA Final

View Details
Company
28 August 2026
Assistant Manager

NRS AND ASSOCIATES

Kozhikode

CA Inter

View Details
Company
ARTICLESHIP 26 August 2026
CA Article Assistant/CA Drop Out/Accounts Executive

PARV & Co.

New Delhi

CA Inter

View Details
Company
25 August 2026
Senior Accountant

MG Associates

New Delhi

CA Inter

View Details
Company
29 August 2026
Chartered Accountant

Velionit Consulting PVT LTd

Mumbai

CA

View Details
Company
09 September 2026
Chartered Accountant

Aviv Global Private Limited

Ahmedabad

CA

View Details
Company
08 September 2026
Semi-Qualified Assitant

Subrahmanyam & Sivudu CA Firm

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 24 August 2026
Chartered Accountant Articles

Rohit KC Jain & Co

New Delhi

CA Inter

View Details