Agency Payment Issues

[SuperZ]

Met Office are still dealing with Pendragon.
An arrangement is being put in place to ensure contractors are paid on time. The Met Office will pay the contractor direct.

Yet I bet the Met Office will still continue to pay the same % commission to Pendragon but take on more administration work themselves, instead of just ditching the agency for a better one. I mentioned elsewhere they`re a bit of a joke too

[nizlab]

Pendragon in trouble

Word on the grapevine is that Pendragon are in receivership.

[dack]

Word on the grapevine is that Pendragon are in receivership.

Yep, we've heard that here as well. Ten contractors here might be out of pocket by about a month's money.

[Janner]

Voluntary Liquidation

I gather that most contractors will have received letters about Pedragon going into Voluntary liquidation. A number of contractors at Met Office are affected.

[SuperZ]

Surprise surprise but for the contractors.
Met Office contractors should also give the Met Office a hard time. The warning signs were there for a long time. I know of someone who gave advice to the Met Office about Pendragon but they chose to ignore it and I think in fact recommended they left if they didn`t want to be employed via Pendragon because that was their preferred supplier despite the issues that had appeared.

[Stan.goodvibes]

Wow just reading this thread, if I wasn't contracting at a govt department currently myself I wouldn't have believed that such incompentency was possible at MO (Mickey MOuse Club?).

So: condolences to those contractors that are going to lose money, but...

a word to those useless gits at Pendragon... 'die screaming motherf*@kers' !!!

The sun sets on another uselsss bunch of cowboys. Brilliant.

[RichardCranium]

So: condolences to those contractors that are going to lose money, but...

a word to those useless gits at Pendragon... 'die screaming motherf*@kers' !!!

I started writing a post to create a new thread to that effect: "Ha, ha, have a rotten Christmas" but then got to thinking about the non-agent permies at Pendragon and their prospect of a tulipty Xmas. I must be going soft.

Still, I wish it were Tata or Progressive or Evolution or MSB or Hays or Capita or Huxley.

[TheFaQQer]

PCG Plus members should be able to claim on their insurance if the agency has gone bust.

[0mega]

Unfortunately PCG Plus has a few limitations. This is from the PCG website:

3. Aggregate Policy Limits
In addition to the individual claim limits, PCG’s policy has an aggregate limit of £500,000 to cover all claims made in any one period of insurance with an aggregate limit per individual agency of £100,000.

Therefore, if an agency was to fail with 50 PCGPlus / PCG OneStop Plus members facing financial loss, then the maximum payout would be £2,000. If the full aggregate limit has been reached, no further claims would be accepted.

[TheFaQQer]

Unfortunately PCG Plus has a few limitations. This is from the PCG website:

3. Aggregate Policy Limits
In addition to the individual claim limits, PCG’s policy has an aggregate limit of £500,000 to cover all claims made in any one period of insurance with an aggregate limit per individual agency of £100,000.

Therefore, if an agency was to fail with 50 PCGPlus / PCG OneStop Plus members facing financial loss, then the maximum payout would be £2,000. If the full aggregate limit has been reached, no further claims would be accepted.

So, get in quick and claim. IIRC, something is better than nothing.