Its easy for a company to pay staff weekly?

Marcon

faringdon said:

How much "advance payment" or "sub" may i please ask is reasonable to request.?....it would only be for the first month.
One problem is when a customer gives you a spec on the first day and you work to it.....then after 3 weeks they change it to a spec which simply is not possible, or is very unwise, and they didnt realise....so they then realise they dont want to employ you after all...and so may just not pay you after your first month.

It's a perfectly reasonable 'worry' to have - but usually resolved entirely satisfactorily if you ensure you have a watertight contract in place before you start work.

Also ensure you don't wait five years before chasing up an unpaid amount: https://forums.moneysavingexpert.com/discussion/6578228/a-previous-company-owes-me-a-months-wages#latest

Undervalued

General_Grant said:

EnPointe said:

General_Grant said:

I don't think it is about building a buffer/living week to week but simply worrying about not being paid at all, being out of pocket with expenses as well as not being paid for the work done.

Generally  and for the past  couple or  three decades people have done this using credit cards either personal or  business. 

How does using a credit card help with an employer/client not paying you for work done?
The OP was asking about not being paid.  The OP was not asking about managing their own living expenses.

Used carefully it can give up to almost 4 weeks interest free credit. This allows time for the client / employer to have paid them before the OP has to actually part with the money for their purchases.

Many years ago, one of the largest university's paid all of the invoices they received remarkably quickly for a large organisation. A new treasurer (i.e chief finance officer) decided to put their payment terms back by a week. Despite this, payment was still quick compared to most large commercial organisations but it freed up many millions of pounds to fund a major capital project!

DullGreyGuy

faringdon said:

Hi,
I do a lot of work for lots of different electronics companies. Sometimes when i start a job with a really small company, i worry that i could work for them for the first month, then just receive no pay. This is bad because often the workplace is far from my home, and i have to pay B&B bills too. So is it too much of a hassle to request that a company pays  weekly?.....at least for the first month of a job ,say? I am referring to being on PAYE. But also when i am working as a contractor through an umbrella agency.
I mean, is it really  unreasonable to ask to be payed  weekly?

Being PAYE and going via an Umbrella is totally different and will have different answers. 

An employer of any size wouldn't introduce a weekly payroll run for the benefit of a single employee. There are notable overheads from managers having to approve the hours worked, payroll creating the payslips, payment instructions, finance ensuring there is sufficient liquidity etc. If its the tiniest of companies then maybe they dont have systems or processes etc and so they may be willing to do it but you're still talking about someone having to spend an extra 30 minutes of their working day just to deal with your pay. 


Typically with umbrella work you fill in an agency timesheet, the agency pays the umbrella and the umbrella pays you on receipt of payment. Most agencies are taking credit risk because they'll pay you before the client pays them. They can be more flexible but if their company policy is monthly only then thats what it'll be but most need flexibility for different clients so more likely to offer either. 


Is it really unreasonable? Well it's expensive to be paid weekly. Would you be willing to take a pay cut to fund the extra work you're creating?

penners324

If you don't get paid for the work done and you've invoiced them, take them to court

lincroft1710

penners324 said:

If you don't get paid for the work done and you've invoiced them, take them to court

According to OP's other thread, they've been underpaid by a previous employer, so could be quite busy chasing up money owed