Employee Name: ______________________ Date: ____________
I, [Employee Name], request an advance payment of [amount] on my wages/salary to be paid on [date] due to [reason for request] as permitted by company policy.
I agree to repay this advance as follows (select one):
____ One lump-sum payroll deduction to be made from my wages/salary on the first pay period immediately following the pay period from which this advance is made.
____ By [number] equal deductions from the next [number] paychecks immediately following the pay period from which this advance is made.
I also agree that if I terminate employment prior to total repayment of this advance, I authorize the company to deduct any unpaid advance amount from the wages/salary owed me at the time of termination of employment.
Employee signature: ________________________ Date: ____________
Approved by:
Supervisor signature: ________________________ Date: _____________
Human resources signature: ___________________ Date: _____________
An organization run by AI is not a futuristic concept. Such technology is already a part of many workplaces and will continue to shape the labor market and HR. Here's how employers and employees can successfully manage generative AI and other AI-powered systems.