Elans 10 day cut off for payroll

[Not So Wise]

That is business reality. Why should contractors be any different?

Simple, because it why agencys get paid, if they are not going to be a factoring service then after tops 3 months of stardard margin rates (to cover introduction fee) they best ready to drop that margin to same as standard umbrellla rates...actually less as they provide less of a service.

[dazza12]

If you don't like it, don't sign the ******* contract, it's not difficult, is it...

I was starting to worry about this board. People were giving advice and were actually discussing the subject at hand.

For a worrying minute, I'd thought I typed the wrong name into the address bar and I'd got on to a contractor site by mistake.

[Jabberwocky]

This site is not about contracting - it is much more than that.

I see it as a crusade against capitalism, a cry for the socialist ideals of yesteryear twinned with the pragmatism of the cold war. I see it in the posts here - the frustration that material wealth brings, the bickering over contracts, the sexual frustration and personal inadequacy. People long for a new ideology, a new direction, a yearning for something better, something more human and compassionate.

I aim, in my own small way, to educate the common folk, the little people here, to provide a resource, a source of wisdom and inspiration, so that people might better themselves and develop their own careers in a way that is personally fulfilling and mutually rewarding to all.

[Ghengis]

It's not really a defence, but I assumed that Elan would try to keep its contractors happy by paying them promptly. Most agencies have payment schedules but rarely impose them and are happy to pay invoices whever they arrive. Elan just deliberately plonk their fat *rses on them for 10 days then have a look at them and pay after 3 weeks.
We accept that, in general, agents are necessary evils. Elan are just evil.

[privateeye]

Most agencies have payment schedules but rarely impose them

Every agency I've been with has had a contract that paid within 7 days of receipt of invoice so to impose they must pay within 7 days or else. Elan are the only agency I know that has such a long winded payment schedule. I would not touch them after what I've been hearing.

The question has to be asked why don't people read what they are signng?

[Ghengis]

I have to hold my hand up to that but as I said before, the schedule is rarely imposed.
However, I will avoid Elan in the future and would advise others to do also.
Their remark about going bankrupt if they paid within a week still worries me.

[xoggoth]

SG Technology Project Services are good. You can invoice weekly, or monthly if lazy like me. No particular point in month to submit and they run 2 payrolls a week, I was paid within a few days last time.

All the agencies I have been through so far have been ok. Only hastles I have had over payment delays are when going direct.

That comment about bankruptcy from any agency would worry me too. Surely they should not be trading without a sufficient reserve for normal delays in payment.