Can Employers Really Do That?!

Whether you are an employee or an employer, you may be asking the question "Is a company allowed to withhold final pay for unreturned IT equipment?"

In this recent video, Mackenzie Perry—Managing Director at My IT Retrieval—breaks down the laws around final paychecks, paycheck deductions, and unreturned company property—from both the employee and employer perspective.

He covers:

✅ Final paycheck laws and what employers can (and can’t) withhold

✅ Whether companies can deduct from a paycheck for a laptop, phone, or other IT equipment

✅ Employer rights vs. employee rights when it comes to the last paycheck

✅ Best practices for offboarding employees so equipment is returned smoothly

✅ How to use an written agreements to reduce the chances of losing company assets

Employers: Be sure to download these important templates!

Company Asset Policy Agreement Form

Get this signed during onboarding, not after the fact. It clearly outlines what devices are issued, who’s responsible, and what happens if they’re not returned.

[Download Company Asset Policy Template]

Company Asset Policy template -6-19-25.docx

Download DOCX • 17KB

Departing Employee Checklist: Company Property Return & Final Paycheck

HR should provide departing employees with a checklist that include every piece of IT equipment that needs to be returned, along with instructions for how and when.

[Download our Departing Employee: Offboarding Checklist Template]

Departing Employee Checklist Company Property Return & Final Paycheck.pdf

Download PDF • 56KB