Agency administrations watch

[Pistachio]

http://www.recruiter.co.uk/full-list...001753.article

12 agencies went into administration in April. They weren't necessarily crap or dodgy... but they went under.

Manage your cash flows people, and practice good debt management.

[CrazyMoose]

Originally Posted by Pistachio

http://www.recruiter.co.uk/full-list...001753.article

12 agencies went into administration in April. They weren't necessarily crap or dodgy... but they went under.

Manage your cash flows people, and practice good debt management.

It's a worry no doubt about it. I get more and more nervous when my agency doesn't pay on a Friday. Over the years I've heard all manner of excuses but eventually the money does come through. The recent thread on here was very relevant - why should agencies pay 28 days +? It's not good enough!