My Agency is playing a 28 day rules on me My Agency is playing a 28 day rules on me
Page 1 of 3 123 LastLast
Posts 1 to 10 of 24
  1. #1

    Nervous Newbie

    HeyWay789 has no reputation


    Join Date
    Jul 2009
    Posts
    1

    Default My Agency is playing a 28 day rules on me

    HI My Agency is saying now that when I complete my timesheet at the end of the month I have to wait a further 28 days for them to pay me. Is this normal? As I would be out of pocket for almost 8 weeks from the start of the month. They are claiming this is a cushion for them in case the company I am working for becomes Insolvent and they don't get paid until that date after invoicing the customer.

    Has anyone else came across this issue

  2. #2

    Dirty kapitalist spekulant

    DiscoStu has more data than eek

    DiscoStu's Avatar
    Join Date
    Aug 2007
    Location
    Andyw's mum's house
    Posts
    8,133

    Default

    What are the payment terms in your contract?
    ǝןqqıʍ

  3. #3

    Tosser amongst Tossers

    The Lone Gunman has more data than eek

    The Lone Gunman's Avatar
    Join Date
    Jul 2005
    Location
    Live in Morecambe bay. Currently working in Southern Germany.
    Posts
    7,692

    Default

    Did you opt out of the conduct of employment agency regs?
    I am not qualified to give the above advice!

    The original point and click interface by
    Smith and Wesson.

    Step back, have a think and adjust my own own attitude from time to time

  4. #4

    Jedi Like

    gingerjedi is too good to be a permie

    gingerjedi's Avatar
    Join Date
    Jul 2006
    Location
    Contractwr
    Posts
    9,604

    Default

    Quote Originally Posted by HeyWay789 View Post
    HI My Agency is saying now that when I complete my timesheet at the end of the month I have to wait a further 28 days for them to pay me. Is this normal? As I would be out of pocket for almost 8 weeks from the start of the month. They are claiming this is a cushion for them in case the company I am working for becomes Insolvent and they don't get paid until that date after invoicing the customer.

    Has anyone else came across this issue
    So where's your cushion should the agency go bust?
    Science isn't about why, it's about why not. You ask: why is so much of our science dangerous? I say: why not marry safe science if you love it so much. In fact, why not invent a special safety door that won't hit you in the butt on the way out, because you are fired. - Cave Johnson

  5. #5

    Should post faster

    MrToast has no reputation

    MrToast's Avatar
    Join Date
    Jun 2009
    Location
    Making chutney
    Posts
    145

    Default

    Me too.

    Not too concerened with the payment period - war chest is OK at the moment.

  6. #6

    Still gathering requirements...

    Nexxy has no reputation

    Nexxy's Avatar
    Join Date
    Oct 2008
    Posts
    56

    Default

    Tell the agency to factor the debt from the company (sell it on at a discount for payment upfront). Then they will get paid upfront and can pay you. They should be doing that anyway if they have any doubts about the companies ability to pay.
    Last edited by Nexxy; 1st July 2009 at 14:49.

  7. #7

    Double Godlike!

    original PM is a fount of knowledge

    original PM's Avatar
    Join Date
    Apr 2008
    Location
    Cheshire
    Posts
    12,369

    Default

    one of the roles of an agency is to stand the cost so you do not have to wait 30/60/90 days until they get paid.

    but 28 days is becoming more common.

    just budget for it

  8. #8

    Contractor Among Contractors

    Not So Wise has no reputation

    Not So Wise's Avatar
    Join Date
    Jul 2005
    Posts
    1,316

    Default

    Unless you are working for a micky mouse client, agency is more likely to go bust than client.

    10 years ago, when i was a newbie at contracting used to accept 30 day delay in payment from invoiceing but learned the hard way how foolish this is, because..you guessed it...agency went bust leaving me out of pocket in a BIG way (some 60 days worth of work for nothing)

    Since then never accepted more than 7 days exposure from invoice date (aka 37 days from first worked date if invoicing monthly) and never will again.

    And if they are more than a few days late i tell client not been paid and down tools, funny how fast payment comes then (and neither time that this has happened has client been pissed at me, always at agency)

    So unless your signed contract allows them to do this, don't accept it (They are not going to terminate your contract as that would piss off the client).

    If you did sign a contract with these terms, then you will have to live with it and learn the lesson for next time to not accept contracts with these types of terms, even if the agent says they normally pay much quicker
    Last edited by Not So Wise; 1st July 2009 at 16:36.

  9. #9

    Banned

    Menelaus has no reputation


    Join Date
    Feb 2009
    Posts
    3,145

    Default

    Quote Originally Posted by Not So Wise View Post
    Unless you are working for a micky mouse client, agency is more likely to go bust than client.

    10 years ago, when i was a newbie at contracting used to accept 30 day delay in payment from invoiceing but learned the hard way how foolish this is, because..you guessed it...agency went bust leaving me out of pocket in a BIG way (some 60 days worth of work for nothing)

    Since then never accepted more than 7 days exposure from invoice date (aka 37 days from first worked date if invoicing monthly) and never will again.

    And if they are more than a few days late i tell client not been paid and down tools, funny how fast payment comes then (and neither time that this has happened has client been pissed at me, always at agency)

    So unless your signed contract allows them to do this, don't accept it (They are not going to terminate your contract as that would piss off the client).

    If you did sign a contract with these terms, then you will have to live with it and learn the lesson for next time to not accept contracts with these types of terms, even if the agent says they normally pay much quicker
    WHS.

    I was getting ****ed about by a mickey-mouse agent on a large government gig and I'd indicated to them what the payment terms were which they'd agreed to and then rescinded on.

    When the cash ran out I explained to the people I was working with that I was in dispute with the agent and as a consequence wasn't able to come in to work.

    Public sector client got on the phone to the agent and tore them a new one. Got paid same day and then back to work the next day with agreed-to terms from that moment on.

    Menelaus 1 - 0 Pimp

  10. #10

    More time posting than coding

    Numpty has no reputation

    Numpty's Avatar
    Join Date
    Feb 2008
    Location
    The zoo
    Posts
    324

    Default

    Quote Originally Posted by Menelaus View Post
    ... mickey-mouse agent on a large government gig ...

    Menelaus 1 - 0 Pimp
    For me it was a pretty big agency on a government agency gig.

    Payment got held up for weeks, I complained to the manager at the client and he said:

    "I'm not interested. We use agents specifically so we don't have to deal with your problems."

    Every payment was a week or so later than contractually agreed after that.

    Numpty 0 - Pimp 1 - Client 1
    If you read the best 3 books in any subject, you'll be in the top 5% of experts in the world.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •