PSR Alexander Mann - 33 days to get paid

[Geoff Gecko]

Good morning, long time lurker on these forums. Thanks to those who post on here, have seen some great advice in the past and hopefully I will contribute to this forum in the future.

My reason for posting is that I am have recently started a six month contract in the public sector (my third) and I was chatting with my agency this morning when they dropped a bombshell. We were talking about the transition from Crapita to Alexander Mann solutions (AMS) and they said that I wouldn't be paid until August! It seems that AMS are working on 33 day terms and that although I will be still paid weekly, I still wont receive my first payment until August, for work carried out in the second week of June.

Has anyone else heard this?

[Zigenare]

Good morning, long time lurker on these forums. Thanks to those who post on here, have seen some great advice in the past and hopefully I will contribute to this forum in the future.

My reason for posting is that I am have recently started a six month contract in the public sector (my third) and I was chatting with my agency this morning when they dropped a bombshell. We were talking about the transition from Crapita to Alexander Mann solutions (AMS) and they said that I wouldn't be paid until August! It seems that AMS are working on 33 day terms and that although I will be still paid weekly, I still wont receive my first payment until August, for work carried out in the second week of June.

Has anyone else heard this?

What does your contract say?

[sal]

How is 33 day payment term on weekly invoice result in payment in August for work done at the beginning to June?

Monthly billing + 30 day payment exists and may result in 60 day gap between the work being done and payment.

I wouldn't be happy about either, but have used weekly invoicing with 30 day payment in the past, as that was the only option at the time.

The question is do you have alternative contract to begin with, as most agencies are not flexible on payment terms and it's take it or leave it offer.

[nucastle]

I've just asked my existing agent about whether anything will change from our perspective. I'd be somewhat amazed if absolutely nothing changed given the complexity of procurement frameworks.

[fibio]

Currently contracting through AMS. Weekly billing with payment happening four weeks later on Monday mornings.

For work completed during the first week of 4th - 8th June, you should expect to receive the first invoice receipt on 9th July.

[Old Greg]

It's not ideal but I currently invoice monthly with 30 days payment.

[LondonManc]

Good morning, long time lurker on these forums. Thanks to those who post on here, have seen some great advice in the past and hopefully I will contribute to this forum in the future.

My reason for posting is that I am have recently started a six month contract in the public sector (my third) and I was chatting with my agency this morning when they dropped a bombshell. We were talking about the transition from Crapita to Alexander Mann solutions (AMS) and they said that I wouldn't be paid until August! It seems that AMS are working on 33 day terms and that although I will be still paid weekly, I still wont receive my first payment until August, for work carried out in the second week of June.

Has anyone else heard this?

Friday June 8th + 33 days = 11th July

Quite why you wouldn't be paid until August, I'm not sure.

Are you happy (I guess not) to expose that many weeks of "yourco's entitled money" to the risk of it not being paid? Would an increase of 5% in dayrate compensate for that risk?

[adubya]

I'm with AMS and have 31 days payment terms, weekly billing.

They are very good, not had a single invoice delayed (assuming that the timesheet signoff deadlines are met).

[northernladuk]

Have you asked your gladiator?

[scooterscot]

All my clients are direct and payment of 30-90 days is not unusual.

Look at it this way, when you leave the job you'll still be receiving income 2 months afters. That could be a welcomed lifeline.