3 weeks in hand...

catboy · 26th November 2008, 15:47

hi guys,

i've been offered a role and the agency are agreeing to pay weekly. but they have told me that they can only start paying after 3 weeks. that sucks i feel... why would they do that, interest accrual? i guess it adds up to a lot of you do it to x amount of people...

anyhow, what are the chances that i could get them to pay after one week if i say i won't take the contract unless that's the case. (they are a big well-known agency). i've also said i want paying after one week and they said that wasn't possible... v. annoying as i pretty much need the cash coming up to christmas!

please replay asap, as i want to decide what to do as soon as i can!

Another Dodgy Agent · 26th November 2008, 15:48

Quote:

Originally Posted by catboy

hi guys,

i've been offered a role and the agency are agreeing to pay weekly. but they have told me that they can only start paying after 3 weeks. that sucks i feel... why would they do that, interest accrual? i guess it adds up to a lot of you do it to x amount of people...

anyhow, what are the chances that i could get them to pay after one week if i say i won't take the contract unless that's the case. (they are a big well-known agency). i've also said i want paying after one week and they said that wasn't possible... v. annoying as i pretty much need the cash coming up to christmas!

please replay asap, as i want to decide what to do as soon as i can!

We pay one week on receipt of invoice so I see no reason why they could not do the same, pretty much should be standard practice in this day and age.

EternalOptimist · 26th November 2008, 15:53

Quote:

Originally Posted by catboy

hi guys,

i've been offered a role and the agency are agreeing to pay weekly. but they have told me that they can only start paying after 3 weeks. that sucks i feel... why would they do that, interest accrual? i guess it adds up to a lot of you do it to x amount of people...

anyhow, what are the chances that i could get them to pay after one week if i say i won't take the contract unless that's the case. (they are a big well-known agency). i've also said i want paying after one week and they said that wasn't possible... v. annoying as i pretty much need the cash coming up to christmas!

please replay asap, as i want to decide what to do as soon as i can!

which agency ?

Peoplesoft bloke · 26th November 2008, 15:54

Depends how badly you want the gig - I get paid monthly and am lucky if I get the cash within 30 days, but I knew that when I started this game.

stingman123 · 26th November 2008, 15:55

Have they said why? Is it to hold on to you on case you walk?

Pogle · 26th November 2008, 16:04

I had that with Alexander Mann - payment 28 days after receipt of correct invoice.
But if they felt there was a problem with the invoice they took 2 weeks to tell you and It was always a problem that they had created!

In the end I had to get my client to intervene as I was owed a lot and they kept getting it wrong.

Whinge over

Liability · 26th November 2008, 16:06

Quote:

Originally Posted by Peoplesoft bloke

Depends how badly you want the gig - I get paid monthly and am lucky if I get the cash within 30 days, but I knew that when I started this game.

that is crazy! Id never agree to that! Most Ive had is a week

Those that hold on to your money for 4 weeks are collectively earning interest on YOUR money - yet again these waste of space agencies up to their tricks

TheFaQQer · 26th November 2008, 16:10

Essentially, it sounds like you are on 21 day terms. Doesn't sound unreasonable to me - my first contract paid monthly but on 30 day terms, so I had no income for that first month but still got paid every week once I'd left the gig which was nice.

Peoplesoft bloke · 26th November 2008, 16:10

Quote:

Originally Posted by Liability

that is crazy! Id never agree to that! Most Ive had is a week

Those that hold on to your money for 4 weeks are collectively earning interest on YOUR money - yet again these waste of space agencies up to their tricks

Sorry I didn't explain that very well - my pimp only gets paid monthly so he's not making cash out of that. In your case (OP) it depends how much you want the gig vs not taking it - if you don't need the gig, tell 'em you'll walk unless they pay sooner - otherwise you could ask nicely and just have to accept it if they say no. If you're expecting everyone to play fair, you maybe aren't cut out for contracting

EternalOptimist · 26th November 2008, 16:15

Quote:

Originally Posted by Liability

that is crazy! Id never agree to that! Most Ive had is a week

Those that hold on to your money for 4 weeks are collectively earning interest on YOUR money - yet again these waste of space agencies up to their tricks

how can they get interest on OUR money ? that assumes that they get paid by the client immediately, then pay us later. They dont.
Even if they pay us late, they themselves get paid a lot later.

imo, the big risk here is the agency going under, or performing some other rip off. I would like to know which agency