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.
Wage Date keeps being moved
Hi, the company I work for was recently sold to new owners. We received letters informing us that our pay would be moving from 4 weekly to monthly on the 5th of every month.
On the 2nd of April we were informed that we would be instead be paid on the 8th of every month, it has now been moved twice more, to the ninth and now to the 10th.
I'm just wondering what if anything can be done about this, as My direct debits for the month have now all bounced, and I'm worried about how long this will get dragged out for.
Comments
-
I presume there's nothing sinister here and the new owners are just trying to align payroll with their other businesses.
I suspect while they initially agreed on the 5th, before realising it might not be a good idea, as it was the last day of the tax year and Easter Sunday and then a bank holiday. I think now their moving it to the 8th,9th,10th is possibly just because it is a bit more complicated than they initially expected.
I think if they were kicking it back weeks several times, I'd be worried about financial difficulty, but given only recently bought the company, and we are only talking about moving the date a few days (so far), I don't think I'd worry.
If this change puts you in financial hardship, this is definitely something you should speak to them about. When we considered a similar change at my work, we were willing to provide pay advances to cover the transition period (clawed back through deductions).
Unfortunately this is a good scenario for why an emergency fund is recommended, hopefully the direct debits aren't for anything too important (e.g. Council Tax as opposed to Netflix).
Know what you don't0 -
If an employer fails to pay on time aren't they liable for any financial costs suffered by the employee?
In this case, I'd be more concerned about why they have kept changing the date. Cash flow problems?
0 -
Under some circumstances, yes the employer could be liable.
Was the original pay date a hard and fast contractual term? Or was it vague and / or surrounded with words like normally / generally etc?
In any legal claim / dispute the OP would be expected to have taken all reasonable steps to minimise any losses. For example using savings (if possible) or agreed borrowing rather than incurring high interest and penalty fees. Did they??
0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.7K Banking & Borrowing
- 254.9K Reduce Debt & Boost Income
- 456.1K Spending & Discounts
- 248.3K Work, Benefits & Business
- 605.8K Mortgages, Homes & Bills
- 179K Life & Family
- 263.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.7K Read-Only Boards
