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rollonfriday
17th August 2010, 19:52
Hi, new to this forum, and been contracting for the last 2 years.

I recently took a new contract through an agency that pays monthly. I really hate monthly pay, and find it a struggle to get used to.
Does anyone know if there are umbrella companies who will pay me weekly even though my agency will only pay them monthly.

Thanks

realityhack
17th August 2010, 21:00
Welcome to the forum rollonfriday. :wave:

Moved this to the relevant section - and I think contractorumbrella offer a weekly service - but it's been a long time since I referred someone to them, so check.

SupremeSpod
18th August 2010, 06:05
Hi, new to this forum, and been contracting for the last 2 years.

I recently took a new contract through an agency that pays monthly. I really hate monthly pay, and find it a struggle to get used to.
Does anyone know if there are umbrella companies who will pay me weekly even though my agency will only pay them monthly.

Thanks

I'll pay you weekly, 2 months in arrears.

SallyPlanIT
9th September 2010, 16:32
Welcome to the forum rollonfriday. :wave:

Moved this to the relevant section - and I think contractorumbrella offer a weekly service - but it's been a long time since I referred someone to them, so check.

Their website claims that they make a same day payment to the contractor when they "recognise funds in their bank account". So from this, I assume if the contract payment terms are monthly, then they only get paid monthly and won't pay the contractor until then.

I'm not aware of anybody else in the market who provides this service. I'd have thought the risk element would stop anyone doing this.