Hi there,
I have a general question regarding payment dates and am hoping to get some people's opinion of how this should be done.
My company is moving the pay date from the 15th to the 28th of the month. For the last 10 years they have paid on the 15th, 2 weeks in arrears,
2 weeks in advance. They now wish to move this to the 28th (4 weeks in arrears) from February. Every way I look at it this is going to cause me serious
financial headaches. I have to make 4 weeks pay last 6 weeks and move my mortgage payment date etc. I've asked them is there anything they can do
to ease the pain but the default reply is that it's going ahead and you still get paid the same each month and the contract amendment should be signed
and returned. I've googled payment date changes and it looks like technically they can do it and there isn't a lot I can do other than refuse to sign the
contract amendment. I feel that they should be offering something for the change but would like to hear what people think of this situation ?
It will just take a bit of readjustment but after the first month, it will be fine and everything will be the same as before. With a payday moved to 28th of the month, it is likely that you will be paid early in December 2021, so get used to making one payment last 6 weeks, it is going to be an annual event.
Not sure why you should be compensated for this? It is an inconvenience for 2 weeks.
I have to say that payment in arrears is normal. I had never heard of anyone being paid in advance before.
They started proposing it about May\June and made it concrete this month to happen February\March.@UB_TME, how much of a notice period have they giving you?
That seems like more than enough time to give.They started proposing it about May\June and made it concrete this month to happen February\March.
Apologies. This will sound harsh... Previously in the thread you thanked posters who suggested the company rolling this change out over a longer period of time to ease the burden. Seems like there has been ample time to prepare for this without the company having to create a process to manage what shouldn't be an onerous change.They started proposing it about May\June and made it concrete this month to happen February\March.
Well no one was happy with it at the time and they didn’t go ahead with it. They put it on hold and everyone thought they were going to do something to ease the transition but they didn’t and just want to go ahead with it. Personally I like the ‘putting it back 2 days each month’ suggestion.That seems like more than enough time to give.
Personally I like the ‘putting it back 2 days each month’ suggestion.Apologies. This will sound harsh... Previously in the thread you thanked posters who suggested the company rolling this change out over a longer period of time to ease the burden. Seems like there has been ample time to prepare for this without the company having to create a process to manage what shouldn't be an onerous change.
Still recommend doing a money maker thread as if this is an issue what happens when a washing machine /car breaks down etc.?
If it was just a minor nuisance then why the need to pay an extra 2 weeks in advance ?This is about 2 things for the employee. Firstly the hassle of changing DD and SO dates (but that would occur potentially if you changed jobs anyway) and secondly cash flow management. You won't be out of pocket over the course of the year. It's an annoyance but no more.
When we did it, (and again, an American multinational), it was a nuisance but no more and similar to what someone else has suggested, we paid the 2 weeks in advance and deducted it over the remainder of the year
If it was just a minor nuisance then why the need to pay an extra 2 weeks in advance ?
It’s another option I would have no problem with either btw.
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