MattW

Just got a letter notifying me my pay day will change from last day to 7th of the month from next pay day . Desperately trying to change my mortgage and direct debits.

Another nail in the I prefer permy to contracting coffin!

StickyMicky

god i hated monthly pay with a passion, when i did temp work it changed to weekly which was much better and easier to manage


now i get paid everyday which is pretty much perfect to be honest

falkster

I am paid every four weeks and it works out great as we always have a free month each year!!

Fart Man

Seeing that I sometimes have to do the Payroll (unwillingly, I may add), it does makes sense; why do the payday on the same day as every other company; offset it so you can cover for any shortfall in cashflow and the banks won't be as busy either.

Must admit, we do it weekly. So having payday every friday became a PITA; Bank's fault, as usual

MattW

Well the stupid thing is that it was the last friday in every month up to a couple of months ago. So they have changed it twice in a short period!!

alcazar

iTrader: (2)

My wife's a teacher, and, some years ago, teachers in this authority agreed to be paid on the LAST BANKING DAY of the month to save the authority money.

The council didn't do it to any other workers, just teachers.

Now that IS a PITA, some months have nearly 5 weeks........

Alcazar

PeteBrant

I went through something similar last year.

I used to be paid on the 8th of each month, which basically means I was paid 1 week in arrears, and 3 weeks in advance.

We were then taken over by another comapny, and to conform to their pay structure, they shifted us all to the 26th. - So all in arrrears

The up shot of this was that I was paid on April the 8th, and my next payday was May 26th. Which was a stuggle.

Of course If I ever leave the company, I effectviely get that money back as I am now paid in arrears and not in advance, but it still hurt!