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Employer payday loans - revolutionising permidom

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    Employer payday loans - revolutionising permidom

    With everyone talking about going permi now, is this what they are getting excited about?
    Maybe i am doing it wrong but... apart from mentioning that you "share company values" is the payday loan company policy something that you should enquire?

    would-you-take-payday-loan-from-your-employer

    #2
    No one is talking about going permie. It's a last ditch solution for some.

    And no, even if I did I would never consider anything like this. Highly skilled ex contractors should not be touching payday loans.
    'CUK forum personality of 2011 - Winner - Yes really!!!!

    Comment


      #3
      Originally posted by northernladuk View Post
      No one is talking about going permie. It's a last ditch solution for some.
      But now he's been sanctioned three times and maxed out his annual food bank allowance, PC may have no alternative.

      Comment


        #4
        Was in sapient (Indian it outsourcer) in London recently they have a vending machine linked to local food bank, (high tech photos of goods top it tastic) when low on suppliers it comes up on screen and people can buy good from Asda etc for direct delivery to local food bank

        Just heard it’s been removed as Indians (95%+) stopped using after they visited the food bank and were abused for being Pakistani


        Sent from my iPhone using Contractor UK Forum

        Comment


          #5
          Employer payday loans - revolutionising permidom

          Originally posted by GhostofTarbera View Post
          Was in sapient (Indian it outsourcer) in London recently they have a vending machine linked to local food bank, (high tech photos of goods top it tastic) when low on suppliers it comes up on screen and people can buy good from Asda etc for direct delivery to local food bank

          Just heard it’s been removed as Indians (95%+) stopped using after they visited the food bank and were abused for being Pakistani
          Initially understood it as subsidised food vending machine in the work place. But later figured it out.
          As for myself, i am not a big fan of charity, especially when there is a third party involved.
          Last edited by GigiBronz; 8 October 2019, 22:54.

          Comment


            #6
            No - these are bad and do not help people who are in debt.

            A responsible employer would use the various agencies etc who help people get out of debt and manage their money better.

            However sadly a lot of employers would treat their staff like slaves if they could get away with it so the principle that they may put effort into helping employees is flawed.

            Comment


              #7
              Originally posted by GigiBronz View Post
              With everyone talking about going permi now, is this what they are getting excited about?
              Maybe i am doing it wrong but... apart from mentioning that you "share company values" is the payday loan company policy something that you should enquire?

              would-you-take-payday-loan-from-your-employer
              An employer payday loan shows that they don't value you enough to pay you a decent wage.

              HTH.
              "I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
              - Voltaire/Benjamin Franklin/Anne Frank...

              Comment


                #8
                In some countries it's rather normal for employers to offer and advance on the next month salary. But it's interest free and not done for profit, by a 3rd party provider.

                It only goes to show that an employer is happy to threat his employees as a revenue stream. Definitely not a workplace benefit/perk in my books.

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