Jul 1 - Chile: Man, who got paid 286 times his salary, resigns and disappears |
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![]() To retrieve the money, the company has now reached out to various agencies and registered a complaint against the employee
Soon after the incident, the management at Cial reached out to the employee, who allegedly agreed to visit the bank to get the amount refunded. However, when they did not receive the amount back, they tried contacting the man for an update. But, there was no communication. The man reached out days later, saying he would visit the bank soon to return the money. On June 2, the man submitted his resignation. Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance. We, however, have a request. As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed. ![]() |
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The company was supposed to pay the employee a total sum of Rs 43,000 or 500,000 pesos, which was his monthly salary but accidentally ended up paying him 165,398,851 pesos
A man in Chile was accidentally paid 286 times his salary in May. The man received around Rs 1.42 crore or 165,398,851 Chilean pesos or $177,969.16. When the incident came to light, the man acknowledged the fault on the part of his organisation and agreed to return the amount that was paid to him in excess. However, he resigned and took off with all the money. According to reports, the man worked at Consorcio Industrial de Alimentos or Cial, which also happens to be one of the largest producers of cold cuts in Chile. The company was supposed to pay the employee a total sum of Rs 43,000 or 500,000 pesos, which was his monthly salary but accidentally ended up paying him 165,398,851 pesos. The incident came to notice when the management checked their records and found the error. Soon after the incident, the management at Cial reached out to the employee, who allegedly agreed to visit the bank to get the amount refunded. However, when they did not receive the amount back, they tried contacting the man for an update. But, there was no communication. The man reached out days later, saying he would visit the bank soon to return the money. On June 2, the man submitted his resignation. |
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Also consider that the cost of living in Chile and other Latin American countries is a lot less than the United States. | |
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he would come to work in our shop for 5-6 months every 2 years and he said he lived good. Great sculptor | |
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Even if he is living in the outskirts of Santiago he would probably be paying $300-$400 for rent + $50-100 for utilities. Add in a few other bills and he aint got sh*t left. Cost of living is significantly less but they pay significantly less so no matter what he will still be poor and struggling. No matter how u calculate it you can't get ahead of $500/month. Last edited by pippen33; 07-01-2022 at 08:28 PM.. | |
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