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Old 30-07-2009, 11:02 AM   #1 (permalink)
Negotiating a better rate
 
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Exclamation Story on main site very apt

Not happy, the story on the main site this morning about companies who deferred their tax payments may be a risk in the future has echoed my situation perfectly

My agency has dropped the bombshell this morning that payment of my next invoice may be "delayed". When I probed further they have stated cash flow problems with the client.

I talked about this first thing this morning with my client and they have admitted that they have cash flow problems, and mentioned that they had even deferred payments to HMRC.

I can't believe that I wasn't told this, as it would have changed my perception of risk in this role. They have tried reassuring me that this situation will be resolved very soon, but I already have several weeks of exposure as I'm paid monthly (so I'll be missing the whole of July) so I'm cutting my losses and walking out until they've paid me.

Am I doing the right thing?
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Old 30-07-2009, 11:37 AM   #2 (permalink)
Cannot remember what being a permie is like
 
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If you're opted in to the employment regs the agency have to pay you anyway.
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Old 30-07-2009, 11:51 AM   #3 (permalink)
Negotiating a better rate
 
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I believe I was opted out. I'll check the contract.
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Old 30-07-2009, 12:45 PM   #4 (permalink)
Cannot remember what being a permie is like
 
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Quote:
Originally Posted by Months_man View Post
I can't believe that I wasn't told this
Rock and a hard place. If they tell suppliers and customers it could lead to a mass exodus, making it worse.

I'm sure there's plenty of companies using this scheme that are now straightened out. You are just one of the unlucky ones.
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Old 30-07-2009, 01:56 PM   #5 (permalink)
Negotiating a better rate
 
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Well, they get financial assistance from the state, where's mine?
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Old 30-07-2009, 02:32 PM   #6 (permalink)
Cannot remember what being a permie is like
 
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Quote:
Originally Posted by Months_man View Post
I believe I was opted out. I'll check the contract.
It's nothing to do with the contract, it's a decision for you (and YourCo if you have one). If you don't know, you are 99.9% certain to be opted in.

Go visit The Better Payment Practice Campaign home page. Helping to effect positive change in the UK payment culture. and do something about it. If they haven't got money they ain't going to take any notice of the Agency Regs.
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Old 30-07-2009, 03:04 PM   #7 (permalink)
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Quote:
Originally Posted by Malvolio View Post
It's nothing to do with the contract, it's a decision for you (and YourCo if you have one). If you don't know, you are 99.9% certain to be opted in.

Go visit The Better Payment Practice Campaign home page. Helping to effect positive change in the UK payment culture. and do something about it. If they haven't got money they ain't going to take any notice of the Agency Regs.
Or there's a pretty comprehensive guide right on this very site
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Old 31-07-2009, 09:59 AM   #8 (permalink)
Negotiating a better rate
 
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You're sure to be opted in, so demand payment from the agency.
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Old 07-08-2009, 08:29 AM   #9 (permalink)
Negotiating a better rate
 
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Hi all, lets just say the aggro is still ongoing...
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