Iowa Admin. Code r. 875-38.6

Current through Regsiter Vol. 46, No. 26, June 12, 2024

Rule 875-38.6 - Permissible fees charged by agency

(1) The total amount charged to any employee in any form by an agency shall not exceed 15 percent of the employee's gross earnings from that employer for which the agency procured the job in any pay period for a period of time not to exceed the first 12 months from the date of employment.

(2) Fees due the agency are payable as earned, however, the employee may knowingly agree to pay the fee in advance, with the full understanding that the employee is not required to do so, and the agency guarantees to refund any amounts in excess of 15 percent of actual gross earnings, when ascertained.

(3) No agency or any person connected therewith shall require any employee to execute any negotiable instrument, assignment of earnings, or note except for that amoimt of fee which is past due to the agency.

(4) Each agency shall keep conspicuously posted at its place of business a copy of the agency's schedule of fees on file with the commissioner The schedules shall be printed in not less than 8-point type.

(5) Employees who have paid the fee in advance must be notified at their last-known address by the agency at the time they make the final payment on the fee that they may have a refund due if they have paid more than 15 percent of the gross earnings of their first year of employment.

(6) Rescinded lAB 2/9/00, effective 2/9/00.

Iowa Admin. Code r. 875-38.6