Originally posted by firehawk
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Payment terms
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Sure
well some business gotta learn! funny thing is just had a phone call from the same company but different location but for the same client and different location and she said that it maybe possible to change it to 14 days... as for 7 days it can be done but must be given to the MD for approval (but cannot as he is not in the country!)Comment
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Originally posted by firehawk View PostSure
well some business gotta learn! funny thing is just had a phone call from the same company but different location but for the same client and different location and she said that it maybe possible to change it to 14 days... as for 7 days it can be done but must be given to the MD for approval (but cannot as he is not in the country!)If your company is the best place to work in, for a mere £500 p/d, you can advertise here.Comment
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Thanks.
but its just a bit of common sense and logic - there is no real reason for such a big company to hold the funds if other agencies can do it weekly, why cant they?
lets see how it goesComment
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Originally posted by firehawk View PostThanks.
but its just a bit of common sense and logic - there is no real reason for such a big company to hold the funds if other agencies can do it weekly, why cant they?
lets see how it goes
HTH.If your company is the best place to work in, for a mere £500 p/d, you can advertise here.Comment
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it would be an internal (not outsourced) accounts that they have. if other agencies can do it - doesnt make sense why they can't But i know what you are talking aboutComment
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Originally posted by firehawk View PostThanks
nothing has been signed! I got an offer...and I accepted verbally but not signed anything. but now its the negotiating terms that are under way right now.
they said the client pays the agency 45 days. the agency pays contractors 28 days - which is fair enough but still no reason for not asking the agency to pay weekly since after all they are a big agency (£££)
If longer than 7 or 14 days is unacceptable to you then make it clear that you simply won't accept the contract with payment terms that you don't like.
How long the client takes to pay the agency is irrelevant and if they mention it in the negotiation politely remind them that your commercial relationship is with the agency not the client.Comment
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Originally posted by firehawk View PostThanks.
but its just a bit of common sense and logic - there is no real reason for such a big company to hold the funds if other agencies can do it weekly, why cant they?
lets see how it goes
They're adopting a commercial position of taking as long to pay as they can negotiate, that's common sense and logic from their viewpoint.Comment
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I know that payment terms are negotiable but as yet have never had to do it but whats to stop the agency just saying 'we only run one payment run a month' I could not say whether that's true or not so how could you argue that I would just have to accept it.Comment
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