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My employer is charging me $17 to acknowledge my existence.
By chakan 07-20-2010 05:44 PM
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3644 views |
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I am so
 ing pissed right now.I'm choosing to rant here because if I did it on Facebook or Twitter, word might get back to my employer. Seventeen dollars isn't going to break me, but you CAGs understand the value of a dollar, and besides its the principle of the thing. I'm in the middle of the oh-so-fun process of buying a new house, which of course involves applying for a loan. Part of that process involves verifying employment. Before the sup-prime mortgage crisis that has screwed us all, tard mortgage companies were throwing out loans to anyone with a pulse, and barely checking income, proof of employment, etc.Well, things have obviously changed. Mortgage companies run weekly credit checks on you, ask for access to all your bank accounts, etc. etc. I have no problem with that. Its responsible lending behaviour that should have been in place all along. Enough backstory, on to my frustration. My lender wants proof of my employment, and current paystubs and a call to my employer aren't enough. Fine, I get it, those things could probably be faked. So what they want is my salary code, and a document from my HR dept. saying in effect that yes, chakan works for us. Here's where I lose my shit. My employer is going to charge the lender, which means charging me, $17 to provide that information. Does it cost $8 for the 7 keystrokes and 8 mouseclicks to bring up my file? Maybe $1 to print out that file? Another $8 to spend the minute either faxing or emailing that information?  I'll remember this, un-named employer, I'll remember this. |
 Comments (Total Comments: 22) |
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Spyder187
- 07-20-2010, 06:05 PM
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Ill make you a deal. I will pay the 17 dollars and I get to have your job. Sorry man, I dont mean to come off as being a dick as I understand the frustration of certain things, but bitching about 17 dollars when many of us are unemployed in this shitbox of an economy and cant find a job... Yeah I think you might see where I am going with this.
On a side note, congrats on the house. |
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chakan
- 07-20-2010, 06:19 PM
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Point taken, and thanks.
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paz9x
- 07-20-2010, 06:33 PM
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I think it is ridiculous that they charge for that.
good luck on the house. |
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dmlopr
- 07-20-2010, 07:52 PM
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So drink lots of free coffee at work. Like $17 worth.
 Good luck with the house purchase.  |
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Lyricsborn
- 07-20-2010, 07:55 PM
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Steal supplies from work over the next few months
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supermodestmouse
- 07-20-2010, 08:25 PM
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I'm with Lyricsborn
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Morrigan Lover
- 07-20-2010, 08:55 PM
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DesertEagleXIX
- 07-20-2010, 09:01 PM
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$17? Sorry, dude but wait until the lenders require you to have two $500 home inspections, and a $400 appraisal.
Just get the money back from Uncle Sam with the tax credit. |
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AlexLeSage
- 07-20-2010, 09:07 PM
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17 dollars... Thats like a bargain bin game!! Shame on them!
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phantasyx
- 07-20-2010, 09:21 PM
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Must be Gamestop
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Troopa
- 07-20-2010, 09:55 PM
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Chakan, this $17 is just the first of many crappy random fees of being a homeowner. That is a bit dumb though. |
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Morrigan Lover
- 07-20-2010, 10:53 PM
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It was a joke.
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chakan
- 07-20-2010, 11:28 PM
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DesertEagleXIX, I've been paying those expenses, and I expected them. It's not so much the $17, as the fact that I have to pay my employer for them to admit they employ me.
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lilytrabbit
- 07-21-2010, 12:09 AM
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My former employer Ingram Micro charged $25 to verify that you worked there. They had it set up through a third party company that would handle all that mess. If a new employer or in your case mortgage firm wanted to validate that you work/worked for them they had to call a 800 number or go to the website and input a code. Then they could see some info, not really sure what.
It kinda sucked balls when I would apply for a job and some places refused to pay. My current job at the University is one of the places that refused to pay, almost cost me the job, cheap bastards. |
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maddog1419
- 07-21-2010, 12:45 AM
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oxidative
- 07-21-2010, 02:23 AM
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Just means you get $17 of poop time on the clock
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chakan
- 07-21-2010, 02:47 AM
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oxidative, I like the way you think.
maddog, that's hilarious! lilytrabbit, is this more common than I knew? |
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bmsdaddy
- 07-21-2010, 02:53 AM
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My employer also has outsourced this type of thing for at least eight-years. I have no idea what amount is charged for verification. Bought our house almost two-years ago and it was never mentioned. Working on a refi now and they haven't brought it up either.
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lilytrabbit
- 07-21-2010, 03:41 AM
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chakan, I really don't know how common this is. When they implemented the new policy they held a meeting informing all the employees about the change. The reason they gave was that it would save man hours and help the company save money. A higher up I was friends with said it was to avoid lawsuits, or if a lawsuit was filed it would be against the third party. When pressed about having potential employers not pay the fee, they said that if a company wanted to hire us and was serious they would pay the fee, but in retrospect if I had four potential employees and to verify work records for each one that would be $100, now increase that to 20 or more potential candidates and it gets outrageous.
bmsdaddy, the bank or finance company may not really care and just pay the fee, but they may pass the charge back to you in some fee. |
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iambeaker
- 07-21-2010, 10:40 AM
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My employer charges for employment verification, but we do it internally. My company loves to charge its employees for stupid charges. If you want a "paper" pay stub with your check, it costs $3/pay week. If you want a "paper" pay stub, and you have direct deposit, it costs $2/pay week. If you want direct deposit, it costs $1/pay week.
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