Odd Payment arrears terms - Contractor UK Bulletin Board

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cojak replied

3 February 2023, 19:28
Moved to Accounting/Legal.

https://forums.contractoruk.com/acco...ars-terms.html
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JeremyCK started a topic Odd Payment arrears terms

3 February 2023, 19:11
Odd Payment arrears terms

I have just started with an agency, and their payment terms are a month in arrears. But instead of receiving payment for the previous month worked they only pay for the week 1 of the first month worked. And then from each week payment is received weekly (but in stresses)

this seems odd to me as usually a month in arrears I would expect to receive payment of the full Previous month worked in a lump sum the start of the following month.

They appear immovable on these terms which I will need to somehow get changed.
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