Overpayment is a process of paying the entire salary in advance to the employees on a waiting period for some personal reason. Overpayment assists these employees in relief from financial burdens that arise because many would not be able to meet their existing expenses until the actual date of joining work. It also saves the routine process of examining and verifying whether they have worked or not by re-inspecting and approving their salary receipt if they depute any time after joining job spending money on travel refreshment etc. Doing this will give the word to both employer and employee that the employee has been duly paid their first salary with interest amount in advance to join work without any difficulty.
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