Florida Loans laws & HR compliance analysis

Florida Loans: What you need to know

Florida law sets no specific restrictions on the right of employers and employees to utilize deductions from wages to repay loans made by the employer to the employee.
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Documentation is important. The employer should get a signed authorization that includes a clear statement of the amount and term of the loan and the amount of the deduction. The amount of the deduction should also be included on the statement of deductions provided with each paycheck.

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