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New Job - Pay Date Issue

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Comments

  • suki1964
    suki1964 Posts: 14,313 Forumite
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    JReacher1 said:
    Why be wary if a company pays one month in arrears ?
    I though most employers paid in arrears. The NHS does for sure.
    It wouldn’t make much sense to pay an employee  for work they haven’t done yet.
    Unfortunately OP got the short end of the stick with cut-off dates 
    I think you’re misunderstanding slightly. 

    At the end of June the OP will be paid for May, at the end of July they would be paid for June. In the NHS when you get paid at the end of the month you’re paid for that month. 

    For the OP the company is always keeping one months pay in reserve. 
    Are you sure about that?

    When I started with the NHS back in 86, I too started mid month and waited 6 weeks for 2 weeks pay and when I left in 2000 I got an extra payment for the time worked between the last pay date and my leaving

    Where I work now its weekly granted, but its still worked a week in hand
  • JonVarnas
    JonVarnas Posts: 252 Forumite
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    Hello. First ever post here so I apologize in advance if I am doing something wrong.

    I started a new job on the 18th May and been told straight away that I won't get paid in May but end of June instead. I missed the cut off point which is 15th of the month - fair play.

    So I am patiently waiting for the 26th June where I am supposed to receive my first paycheck, however, I only been told today that I will only get paid for the two weeks in May, which covers the period from 18th to 29th May. Apparently the pay system here works a month behind, so at the end of July I will get paid for June. I don't have access to my contract at the moment but my offer letter, which has details about the pay, doesn't mention this scheme at all.

    I have never encountered a system like that and was wondering if I should be alert?
    Probably legal but I would definitely be suspicious of a company that pays like that. All the companies I have worked for that paid monthly usually put the money in the bank account a maximum of seven days of the cut-off point. I don't know the particulars of your job but if you're paid hourly or do overtime make sure you document everything so they can't diddle you out of what your owed. With that length of time between work and actual payment it would be very easy for the payroll to "miss out" a few hours here and there.
  • ToxicWomble
    ToxicWomble Posts: 882 Forumite
    500 Posts Name Dropper First Anniversary
    JReacher1 said:
    Why be wary if a company pays one month in arrears ?
    I though most employers paid in arrears. The NHS does for sure.
    It wouldn’t make much sense to pay an employee  for work they haven’t done yet.
    Unfortunately OP got the short end of the stick with cut-off dates 
    I think you’re misunderstanding slightly. 

    At the end of June the OP will be paid for May, at the end of July they would be paid for June. In the NHS when you get paid at the end of the month you’re paid for that month. 

    For the OP the company is always keeping one months pay in reserve. 
    Yes, sorry I had to read it several times after to see that, had thought it read that May and June would be paid at end of June not just May
  • JonVarnas said:
    Hello. First ever post here so I apologize in advance if I am doing something wrong.

    I started a new job on the 18th May and been told straight away that I won't get paid in May but end of June instead. I missed the cut off point which is 15th of the month - fair play.

    So I am patiently waiting for the 26th June where I am supposed to receive my first paycheck, however, I only been told today that I will only get paid for the two weeks in May, which covers the period from 18th to 29th May. Apparently the pay system here works a month behind, so at the end of July I will get paid for June. I don't have access to my contract at the moment but my offer letter, which has details about the pay, doesn't mention this scheme at all.

    I have never encountered a system like that and was wondering if I should be alert?
    Probably legal but I would definitely be suspicious of a company that pays like that. All the companies I have worked for that paid monthly usually put the money in the bank account a maximum of seven days of the cut-off point. I don't know the particulars of your job but if you're paid hourly or do overtime make sure you document everything so they can't diddle you out of what your owed. With that length of time between work and actual payment it would be very easy for the payroll to "miss out" a few hours here and there.
    It's an office based job for one of the international market leaders in their respective industry so I bet it's legal. Most of my hours are overtime as I am on a trash contract. I am gonna keep an eye on that, thanks for your advice.

    I also went through my contract and can't find any mention of this pay system.

    As July technically have 5 weeks, it basically means I will receive 2 weeks payment that will have cover 11 weeks of work until I see my next paycheck.

    Grateful (and surprised) as I am on finding a job during the pandemic I am back to job hunting. If, let's say I started new work on Monday, then by the end of July I would get paid from my new job on top of the current one. Seems like the only way forward. Awful system.
  • JReacher1 said:
    Why be wary if a company pays one month in arrears ?
    I though most employers paid in arrears. The NHS does for sure.
    It wouldn’t make much sense to pay an employee  for work they haven’t done yet.
    Unfortunately OP got the short end of the stick with cut-off dates 
    I think you’re misunderstanding slightly. 

    At the end of June the OP will be paid for May, at the end of July they would be paid for June. In the NHS when you get paid at the end of the month you’re paid for that month. 

    For the OP the company is always keeping one months pay in reserve. 
    Yes, sorry I had to read it several times after to see that, had thought it read that May and June would be paid at end of June not just May
    It's probably down to my poor explanation. Was still at work trying to semi hide my phone and in a bit of distress, as this will have massive financial implications for me. I do apologise.
  • Savvy_Sue
    Savvy_Sue Posts: 47,262 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    It's probably down to my poor explanation. Was still at work trying to semi hide my phone and in a bit of distress, as this will have massive financial implications for me. I do apologise.
    PLEASE stop trying to hide your phone if you're not supposed to be using it at work, unless you want to start job-hunting while out of work again right now. 
    Signature removed for peace of mind
  • Savvy_Sue
    Savvy_Sue Posts: 47,262 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    It's an office based job for one of the international market leaders in their respective industry so I bet it's legal. Most of my hours are overtime as I am on a trash contract. I am gonna keep an eye on that, thanks for your advice.
    Ah, if most of your hours are overtime, then delaying payment until the end of the month after the month in which they're worked starts to make a lot more sense: we do that where I work. Your basic hours are paid at the end of each month (ie June's hours paid in June), but any overtime or on call payments are made at the end of the following month (ie June's overtime and on call won't be paid until July). 

    Makes life much simpler for payroll: I'm anticipating working some overtime in June, and I think I know how much, but that could change, so easiest to pay for the actual when we know what it is. 
    Signature removed for peace of mind
  • Savvy_Sue said:
    It's an office based job for one of the international market leaders in their respective industry so I bet it's legal. Most of my hours are overtime as I am on a trash contract. I am gonna keep an eye on that, thanks for your advice.
    Ah, if most of your hours are overtime, then delaying payment until the end of the month after the month in which they're worked starts to make a lot more sense: we do that where I work. Your basic hours are paid at the end of each month (ie June's hours paid in June), but any overtime or on call payments are made at the end of the following month (ie June's overtime and on call won't be paid until July). 

    Makes life much simpler for payroll: I'm anticipating working some overtime in June, and I think I know how much, but that could change, so easiest to pay for the actual when we know what it is. 
    Hey

    Umm no, I get paid for both month later.
    So on the 31st July I will get paid for ALL the hours I have done in June. 

    It maybe makes life simpler for payroll but in my life hell. 2 weeks pay will have to cover 11 weeks until I get paid again in my case.

    My work colleague who started the same day as I did, also started job hunting after finding this out, so it may backfire on them a bit in the end.
  • bucksbloke
    bucksbloke Posts: 439 Forumite
    100 Posts First Anniversary Name Dropper
    We pay for the month, on the 25th of each month. So you would have got paid all of June salary on 25th June. 
  • TBagpuss
    TBagpuss Posts: 11,236 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    It may be worth speaking to your bank about arranging a temporary overdraft to cover the gap, as long as you make sure that you then repay in full when you do get paid.
    And, as others have said, ask at work whether they can provide an advance given the very long delay. 
     
    All posts are my personal opinion, not formal advice Always get proper, professional advice (particularly about anything legal!)
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