New Job - No Money

yummum_3

My OH has just landed a new job with bigger salary. Great news, however, he has to go from weekly to monthly pay. Meaning two months without any money comming in.

Ironic thing is this month we were just about to pay off the outstanding debt on the C/C -£1500. Now all of that money has to sit in the Bill a/c and get slowly eaten up over the two months.

At least we have the cash to cope but it just feels frustrating that we still cannot get rid of that debt. aaaarrrrgggghhhhh!

calleyw

why two months

If he has started now then he should be paid at the end of the month. Which is 3 weeks away.

I don't believe that any employer would expect you to go two months with out any pay.

He needs to talk to Payroll or HR.

Yours


Calley

yummum_3

He was told he has to work a month in leiu, so he starts Oct 2nd, all of what he earns in Oct then gets paid on the 26th of Nov, all of what he earns in Nov then gets paid 26th of Dec. It does seem a long time though.

CAFCGirl

Just wanted to echo the above.
Most you'd have to wait is 6 weeks, and only then if he's missed the companies cut off date for payroll info.

He'll be able to call someone who will be able to transfer an earlier payment to him.

spud30

yummum wrote:

He was told he has to work a month in leiu, so he starts Oct 2nd, all of what he earns in Oct then gets paid on the 26th of Nov, all of what he earns in Nov then gets paid 26th of Dec. It does seem a long time though.

Wouldnt that be two months in lieu

If he's working a month in lieu, the October salary should be paid at the end of October.

CAFCGirl

I've generally found most companies pay an expected salary at the end of the month.

i.e your expected hours for sept get paid at the end of september, but any adjustments arent made until the next month

yummum_3

thanks for all responses - Hopefully we will get money sooner then. It does make sense!!

terriblesaver

Having worked in HR and recruitment i find it odd that he has to work a month in hand. Its a fairly outdated practice these days. Urge him to check it and maybe speak to your mortgage co etc ( anywhere that regualr payments go) and see if you can get a payment holiday

terriblesaver

Forgot to say, make sure he is paid any holiday owing to him from the old company!

x

La_Tristesse_Durera

yummum wrote:

My OH has just landed a new job with bigger salary. Great news, however, he has to go from weekly to monthly pay. Meaning two months without any money comming in.

Ironic thing is this month we were just about to pay off the outstanding debt on the C/C -£1500. Now all of that money has to sit in the Bill a/c and get slowly eaten up over the two months.

At least we have the cash to cope but it just feels frustrating that we still cannot get rid of that debt. aaaarrrrgggghhhhh!

That's bad, two months is a long time. However a lot of companies will do this... *puts HR hat on*

For example if a company pays on the 25th of the month but the employee doesn't start until the 15th then by this time Payroll would have reached their 'cut off' date and will run them through for the following month. (This is basically so it doesn't get input, run, BAC'sd & paid and then the employee doesn't turn up) - if that makes sense. So the employee usually gets around 6 weeks pay in their first wages.

Some companies are pretty good though, especially as we all have mortgages/rent, debts, food, and bills to pay... I would suggest he speaks to his local HR manager and see if they can do him an advance and recover it when he receives his first salary.

postingalwaysposting

also yummum so employers will give you an intrest free loan if you have to wait that long (mine did) and they take it from the salary of your last months wage (when you leave), worth asking about if its going to make you short :rolleyes: