Company equipment return form 2025

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My name is [Your Full Name], and I am the [Your Job Title] at [Company Name]. As you are no longer employed with our company, we need to retrieve the company property issued to you during your time here. If the property is not returned by the specified deadline, we may take legal action or withhold your final pay.
Get a receipt for the equipment. If your employer is remote, WRITE THEM A LETTER -- keep a copy -- offering to return the equipment if they send you a FedEx or a USP account # and an address. If they do take it to a UPS store or a FedEx store and have them box it and send it charged to that account.
How long do you have to return company property? The time frame for returning company property is typically specified in the employment or separation agreement. It can range from immediately upon termination to a set number of days afterward, such as 3 to 7 days.
The Return of Company Property clause mandates that an employee must return all company-owned items, such as equipment, documents, and keys, upon termination of their employment or upon request by the employer.
Not being able to recoup the cost of unreturned property via payroll deduction does not mean all is lost, as employers have the option of filing a lawsuit against an employee. Whether its worth taking legal action depends on several factors, including the value of the property and the severity of the situation.
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People also ask

How to Write a Letter to Return Company Property Clearly identify both the recipient (former employee) and the sender (company representative). Provide a detailed description of the company property to be returned, including serial numbers, if applicable.
First call your boss ahead of getting there and explain you are coming in to return X piece of property. Secondly, tell this boss you will need a receipt for said property being returned and it must be dated, signed by boss you are handing over property to and must state the piece of property being returned.

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