not getting paid on time
Out of context: Reply #47
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- hans_glib0
received yesterday:
"We have decided to email everyone on our database in order to get this important info to those that do need to know!
Some of you may have received this already, but apologies in advance for the short notice of this news. However, as I'm sure you will appreciate in these credit crunching times, swift decisions are needed to ensure the survival and long term future of businesses - and we are no exception at XX.
Regrettably, following the next pay run on 4th February 2009, we have to make an important alteration to the way that you, as a freelancer or contractor, will be paid for work you have done via XX for our clients.
To date XX has undertaken to pay you every four weeks provided you have submitted your timesheets on time to Xxxx Xxxxxxxxx, together with an invoice where appropriate if you're a Limited Company.
Because several of our clients are taking much longer to pay us, and in line with some of our competitors, XX will in future only be able to pay you once we have received the monies owed to us from our client with whom you have been temporarily employed on site. I do assure you that once we receive these funds, we will pass them on to you promptly. To ensure swifter payment to you, it is vital that you send copies of your invoices and/or timesheets on a WEEKLY BASIS to Xxxx Xxxxxxxxx, so that we, in turn, can invoice the client quickly and get the monies in faster.
This decision has not been taken lightly, but is designed to safeguard the financial health of XX and, therefore, you, as a much valued candidate.
I hope that you will understand the reasons behind this change, but if you would like to talk this through, then please do not hesitate to contact your XX consultant who will be more than happy to discuss this matter with you."
(names changed to protect the innocent)