Weekly / Monthly payment

[BoredBloke]

Surely this is part of the negotiation. If you want paying weekly then press for it. The client wants you and it is you who will be working for them, not the agency. I have often got my payment terms down to a weekly basis especially if I'm ending a lean patch.

[scriptfromscratch]

well i dont even need a scratty timesheet, all online!! YEAH!

[n5gooner]

I'm through Modis, and get invoices paid weekly, although somtimes if I've been working away from site and have not got time sheets signes it can be every two weeks, or three.....very flexable....of course being paid weekly meen you can earn extra interest on your money.

[Cliphead]

I invoice and get paid weekly.

[VectraMan]

All (three!) of my contracts have been paid weekly via agents. My new one says I can choose to invoice monthly, but I still have to send a timesheet every week, so I figure I may as well just invoice every week at the same time and reduce the risk of the agent going bust or deciding not to pay.

[scriptfromscratch]

2 times, tuesday and friday - YEAH!

[partimer]

paying weekly

I have rarely seen weekly payments from any agency simply because they are acting as factoring agents. This means a weekly schedule would incur more admin costs and even worse, the agent may not get paid for a very long time whilst they have already paid you.

One agency went burst due to non payment by a customer. I forget who they were.
It would take a very large agency with deep pockets to take this sort of risk with paying weekly.

[scriptfromscratch]

i get paid twice a week

[thunderlizard]

Medium size-to-big companies usually do monthy, bi-monthly or quarterly payment runs, and will struggle to pay weekly.

If you are so keen on weekly payment that you're prepared to put an agency in the deal, then there are lots that can do weekly payment. I'd recommend Modis.

If you're obliged to use a particular agency, then again they'll either be set up to pay weekly, or they won't.

As usual, if you're one of a kind then you can insist on it, but it you're easily replaceable it might be a deal breaker.

[ilgitano]

Hi Again,

Close to a (mobile) contract. Is it feasible to ask for weekly payment in the contract? - seen that mentioned here, and didn't know it could be done. Under what circumstances will an agent/client consider this?