Weekly / Monthly payment

**thunderlizard** · 21 November 2006, 22:50

Medium size-to-big companies usually do monthy, bi-monthly or quarterly payment runs, and will struggle to pay weekly.

If you are so keen on weekly payment that you're prepared to put an agency in the deal, then there are lots that can do weekly payment. I'd recommend Modis.

If you're obliged to use a particular agency, then again they'll either be set up to pay weekly, or they won't.

As usual, if you're one of a kind then you can insist on it, but it you're easily replaceable it might be a deal breaker.

**scriptfromscratch** · 22 November 2006, 09:45

i get paid twice a week

**partimer** · 22 November 2006, 09:54

paying weekly

I have rarely seen weekly payments from any agency simply because they are acting as factoring agents. This means a weekly schedule would incur more admin costs and even worse, the agent may not get paid for a very long time whilst they have already paid you.

One agency went burst due to non payment by a customer. I forget who they were.
It would take a very large agency with deep pockets to take this sort of risk with paying weekly.

**scriptfromscratch** · 22 November 2006, 09:59

2 times, tuesday and friday - YEAH!

**VectraMan** · 22 November 2006, 10:07

All (three!) of my contracts have been paid weekly via agents. My new one says I can choose to invoice monthly, but I still have to send a timesheet every week, so I figure I may as well just invoice every week at the same time and reduce the risk of the agent going bust or deciding not to pay.

**Cliphead** · 22 November 2006, 10:34

I invoice and get paid weekly.

**n5gooner** · 22 November 2006, 11:24

I'm through Modis, and get invoices paid weekly, although somtimes if I've been working away from site and have not got time sheets signes it can be every two weeks, or three.....very flexable....of course being paid weekly meen you can earn extra interest on your money.

**scriptfromscratch** · 22 November 2006, 11:26

well i dont even need a scratty timesheet, all online!! YEAH!

**BoredBloke** · 23 November 2006, 12:36

Surely this is part of the negotiation. If you want paying weekly then press for it. The client wants you and it is you who will be working for them, not the agency. I have often got my payment terms down to a weekly basis especially if I'm ending a lean patch.

Weekly / Monthly payment