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what time do you get paid on payday?

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  • Were only a small team.

    Its just annoying I cant make plans on payday because I don't know when I get paid. Used to it being in my account when I wake up in my previous employment. They make me feel bad when I tell them I haven't been paid.

    Team or company?

    Big companies bulk upload the instructions and its all future dated etc so happens shortly after midnight generally, really whatever time your banks systems do their overnight update.

    Some small companies, like mine, its a person that logs into their online banking and makes a Faster Payment transaction per employee and at what time they do that can vary. If they were organised they may do it the day before or such and post date it but many companies want to do things at the last possible moment in case of errors or cashflow or priorities etc
  • Hi insideinsurance,
    Yes its a small company, doing faster payments.
    Just annoying, some months ive waited until after 10PM to be paid on payday.
  • RuthnJasper
    RuthnJasper Posts: 4,032 Forumite
    Part of the Furniture 1,000 Posts Photogenic Combo Breaker
    edited 27 February 2015 at 5:48PM
    Mine goes in at midnight. So, today is my payday and my money was available from 00:01 this morning.

    I think that, legally (I'm happy to be proved wrong if anyone comes on here who knows for sure), if you're given a pay date then your money has to be available for you to spend from the beginning of that day.
  • Mags_cat
    Mags_cat Posts: 1,427 Forumite
    Part of the Furniture Combo Breaker
    Mine goes in at midnight. So, today is my payday and my money was available from 00:01 this morning.

    Mine's similar, we are paid during the overnight of the last but one working day to the last working day of each month. I've never sat up and checked, but I think the money arrives at 2-3am when my bank runs its daily update. It's always there when I wake up on payday.
  • 166million
    166million Posts: 1,233 Forumite
    Debt-free and Proud!
    They sound shonky. If you didn't remind them would they pay you at all?
    **Debt Free as of 15:55 on Friday 23rd March 2012**And I am staying that way
    377 166million Sealed Pot Challenge 2018 :staradmin No. 90: Emergency fund £637
    My debt free diary http://http://forums.moneysavingexpert.com/showthread.php?t=3630099
  • Mine had always gone in at midnight even before the new faster payments
  • Babbawah
    Babbawah Posts: 685 Forumite
    I'm sitting here and I cannot help but wonder . . . .Why it matters what hour you are paid.
  • Babbawah wrote: »
    I'm sitting here and I cannot help but wonder . . . .Why it matters what hour you are paid.

    Because maybe today is paid day for the op and they are yet to be paid?
  • Babbawah
    Babbawah Posts: 685 Forumite
    Because maybe today is paid day for the op and they are yet to be paid?

    I'm on tenterhooks . . . has it been paid?
  • Babbawah, Today is payday. Still not been paid, and have bills to pay.
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