Paid on variable days??

Shelldean

OH gets paid monthly.

It arrives in the bank a/c anywhere between the 15th and the 22nd of the month.
Boss man usually sets the wheels in motion on the Thursday nearest the 15th. It arrives in bank the following Tues.

So for example in Jan nearest Thurs to the 15th was 13th. So wages arrived on 18th.
In Feb nearest Thurs was 17th so wages arrived on 22nd. And so it goes on.

We've gotten used to this annoying system and can usally work out when money will arrive and work our finances out accordingly.

I've moved all our DD's as late into the mth as the companies will allow and the earliest is for the 23rd. Wages have NEVER been later than the 22nd to my recollection.

This system has worked well for quite a while, until this mth.
Boss man set the wheels in motion on Thurs 19th and the wages are showing to arrive in a/c tomorrow, a week later than we'd figured. And more importantly a day after the first DD's were due. Luckily we had just enough money to cover the DD's this time, who know if we'll be able to cover them if it's this late again.

SO my question is can boss man pay on such variable dates each mth? OH does have a contract but it was written 20 yrs ago on a single sheet of paper. And at that time he was being paid cash weekly. So T & C relate to that type of pay not the current system. When Boss man changed to this system there was no updated contract.

from reading direct gov it appears bossman needs to state when wages will arrive. But it's a bit vague I need to find hard facts.


Can anyone help???


P.s wage slip is ALWAYS dated 15th

getmore4less

Boss man says on or before the last day of the month.

No how do you fix that.

You need to build up a saving buffer, and slowly bring the DD back in the month towards the 1st.

To start with you just need to do this one that is too close for the current system, move it to the 1st(ok you double pay from one months wages), now might be a good time since you have just got enough anyway.

THere is alweays a risk of glitches with pay so relying on a pay day and living pay to pay is the issue.

Have you looked at your budget, the debtfreewanabe board ia a good place of ideas on budgeting and cutting back.

Shelldean

getmore4less wrote: »

Boss man says on or before the last day of the month.

No how do you fix that.

You need to build up a saving buffer, and slowly bring the DD back in the month towards the 1st.

To start with you just need to do this one that is too close for the current system, move it to the 1st(ok you double pay from one months wages), now might be a good time since you have just got enough anyway.

THere is alweays a risk of glitches with pay so relying on a pay day and living pay to pay is the issue.

Have you looked at your budget, the debtfreewanabe board ia a good place of ideas on budgeting and cutting back.

Thanks

yes I know we need a saving buffer but not quite in that postion yet.
We're slowly chipping away at the debts and bringing that down, but leaves nothing for rainy day.
We did indeed scrape thu this month but am concerned it should happen and we're skint.
Got no choice at the moment to live from mth to mth, esp as it's going to get tougher very soon. Eldest leaving FT education and is off to Uni.
yes avidly read debt free and thats the reason we had just enough to cover DD this mth.
I can't move the DD any further back as one of them is C tax and we seriously can't afford two of them in one mth.

I was just hoping that we could say to boss man please pay OH on same day every mth. Say for example the 15th, rather than it jumping all over the place.
Like I said it's never been this late before. Hopefully it won't be again.

lynzpower

Is your OH in a union? I know that unions have stepped in and negotiated new set days for payment in my experience.

Shelldean

lynzpower wrote: »

Is your OH in a union? I know that unions have stepped in and negotiated new set days for payment in my experience.

Nope not in union.

Shelldean

tbh was hoping there was a law/legislation? that stated Oh had to 'know' which day wages would be sent rather than guesswork.
OH bossman is a idiot ( being polite here LOL)
Has made several mistakes that he 'thought' he couild get away with.
He's never followed correct proceedure for issuing warnings written or otherwise. Not involving OH but the other employee pulled him up onit.

latest error, was telling everyone the firm was moving to other side of country and they could either move with him or push off basically. This error has been pointed out. We're still waiting nervously to see whether move goes ahead. He 'feels' that as it is a small company with less than 10 employees, he's word is gospel (which in some apsects it is) and the law doesn't count to him.

Oh has complained about the pay system but was basically told tough. Hence the reason for wanting some hard proof to show boss. As when he's confronted with correct way ( as in the case of relocating) he will back down.


sorry if that seems jumbled, difficult to explain.

ILW

It appears that the wages are due by the end of the month, anything earlier is a bit of a bonus and you need to arrange things on that basis.

getmore4less

So he decided the 19th was closer than the 12th, so if the 15 is Sun or later he uses the following thurs, Sat or before the previous

Looking at the calendar.

your pay days will be

June 21st
July 19st
Aug 23rd
Sept 20th
Oct 18th
Nov 22nd
Dec 20th

I would be carefull in Aug, Nov payment may be close.

I would also check Oct based on JAn payment you should be OK but
Oct the 15th is a Sat so could be the following thurs making the tues the 25th

Naf

I have a suggestion that helps me with payments, budgeting etc.
For a start I pay everything by standing order where possible; on an income where money is tight, the slightest error by the company can send your whole month's finances right up the swanney, plus you have absolute control over payment date. All utility companies allow you to pay this way, as do most phone/broadband/mobile companies. Possibly see if you can get a small overdraft while you move everything to the start of them month, as previously suggested, so whenever the wages hit the account, stuff won't be missed. A trick I've learned when doing this is to disregard any discounts you get (£5/£10 per month isn't going to make a huge difference) and work out what your actual payments should be and add roughly 10%. For example, I have 3 phone contracts; £40, £35, £40 per month, with £15 discounts each month. So that totals £115 each month, less discount. I actually pay £130 per month to the account, covering any overuse and always adding a little credit to the bill. With my utilities I have a spreadsheet calculating my actual usage and cost, I work out the figure for a full 12 months, round to a nice multiple of 10 and divide out over 10 months. This means that; 1. I'm always in a little credit, and 2. that I have 2 payment free months in the year, to take either when I need them or just November/December for Christmas if I don't have to use them before then (or, if you have arrears, just keep paying and those two months will make a much larger dent in them).
Working out my finances this way (and using a good budgeting tool on excel) doesn't feel like I'm losing out compared to before starting, I actually feel like I'm in more control. Also, whenever making payment arrangements for arrears, decide what you can afford to pay, then make an offer for 10-20% less (or just £20), but still pay the full amount you intended. This one just looks good and they're more likely to be lenient if you need to adjust the plan, or just miss a payment.

jazzyman01

Your OH should have a minimum of a Written Statement of Terms in that he should have the actual pay date which usually is worded "on or before xx".

If your OH is having problems, the same is likely to apply to all staff. Could they not get together and request that he commits to a date by which payment is in the bank account?

He could also go in and have a chat, state that it is causing problems and that he is incurring additional costs because of the eratic payment of the wages.

getmore4less

jazzyman01 wrote: »

Your OH should have a minimum of a Written Statement of Terms in that he should have the actual pay date which usually is worded "on or before xx".

If your OH is having problems, the same is likely to apply to all staff. Could they not get together and request that he commits to a date by which payment is in the bank account?

He could also go in and have a chat, state that it is causing problems and that he is incurring additional costs because of the eratic payment of the wages.

But the bosses solution(if he realizes) is on or before the end of the month and nothing changes.

The problem is not the pay it's the financial planning and living too close to the income.

If you change mind set to any income in one month is to pay for next month spends the problem goes away, it may take a while to get there but once there problems are solved.

Make all DD payments the minimum possible no overpayments on anything that is done when the money is definately avaialble.

When the pay arives you can plan the next months spends and any surplus can go to paying off debts or savings.

Rather than moving things to the end of the month bring them back to the begining of the month, start with the smaller ones if the big ones are too much.
over time they will all be there.

I think most people could achieve this in a year or less if they had the will and mind set to do it.
THere should allready be some allowance for the annual bills anyway so this can be used to help plan the cash flow.