We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Change of payday after takeover....
TheGMan
Posts: 18 Forumite
Hi All! After a bit of advice with regards to this. Employed for company A for 6 years who was taken over by company B so TUPE rules should cover the transfer; however, company B has apparently created a new company "C" which we fall under (which apparently gets round the TUPE rules????) Anyway, just heard that company B is changing our payday from 22nd to 28th next month which is a great time to do this as it means there's now three paydays before Christmas instead for four. I don't feel like there has been any consultation with regards to this change and have certainly not signed any new contract (don't even think I've had a new contract!) My old contract says paid on the 22nd of each month. Can they do this legally? I understand that they need to align us to their payday and am not against that but knowing the year we've had so far with Covid-19 and staff having to contend with being furloughed kind of feels like the wrong time to do this with Christmas around the corner. I'd have no qualms if they said January 2021! TIA 
0
Comments
-
Some companies pay early at Christmas anyway to avoid running payrolls over the bank holidays - have you asked if that might be the case here?Although it’s unlikely that Christmas will be its usual spending and socialising spree this year anyway.You could look at it as a chance to cut back on the Christmas spending while there’s bog all going on.All shall be well, and all shall be well, and all manner of things shall be well.
Pedant alert - it's could have, not could of.1 -
Thanks for that Elsien. Some good points; however, we're not really paid enough to spend a lot and socialise!! If we were I wouldn't mind the payday change!
0 -
28 December is a bank holiday (because 26 and 27 both fall at the weekend), so in practice you're likely to be paid just before Christmas.
Ask them to explain why and how.TheGMan said:Employed for company A for 6 years who was taken over by company B so TUPE rules should cover the transfer; however, company B has apparently created a new company "C" which we fall under (which apparently gets round the TUPE rules????)0 -
A take over of a full company does not always fall under TUPE, the owners of the company changes not the employer(the company)
Dec pay should be to pay for January not for Xmas
The key thing to check is what the current pay period is, if that is changing they need to make an adjustment in pay to realign
22nd is quite early for a calendar pay period it might be something different.
0 -
I am paid on the 30th of each month but every year, without exception, this is moved forward to between the 21st-23rd in December every year. The OP is probably worrying about nothing0
-
But they won't know unless they ask.bradders1983 said:I am paid on the 30th of each month but every year, without exception, this is moved forward to between the 21st-23rd in December every year. The OP is probably worrying about nothing
We usually pay on 25th. Obviously that means we bring it forward in December, BUT my manager will not consider bringing it further forward than the absolute minimum, because it makes January such a long month if payment is made a week early.
I'd strongly recommend the OP starting to budget for Christmas NOW, and following Martin's tips for not giving unnecessary presents etc.
Looks like we won't be doing much entertaining this year anyway. If the OP would normally spend a lot on food etc, I suspect there'll be a big saving.Signature removed for peace of mind1 -
If this has an effect on your finances whatsoever then that means you are simply not budgeting properly. If you had your finances under control and had a budget for Christmas with an emergency fund then you wouldn't have any issue with this change.TheGMan said:Hi All! After a bit of advice with regards to this. Employed for company A for 6 years who was taken over by company B so TUPE rules should cover the transfer; however, company B has apparently created a new company "C" which we fall under (which apparently gets round the TUPE rules????) Anyway, just heard that company B is changing our payday from 22nd to 28th next month which is a great time to do this as it means there's now three paydays before Christmas instead for four. I don't feel like there has been any consultation with regards to this change and have certainly not signed any new contract (don't even think I've had a new contract!) My old contract says paid on the 22nd of each month. Can they do this legally? I understand that they need to align us to their payday and am not against that but knowing the year we've had so far with Covid-19 and staff having to contend with being furloughed kind of feels like the wrong time to do this with Christmas around the corner. I'd have no qualms if they said January 2021! TIA
What I'm saying may seem harsh but take this as a sign you need to sort out your budgeting before it all goes wrong!.2 -
We always pay 7 days early at Christmas.0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.4K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.3K Work, Benefits & Business
- 604K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards
