15th June 2005, 05:49 PM
The dirty trick of paying people on a friday with a buisness cheque is quite common in the motor trade, usually by unscrupulous owners who need to get more money in before the cheques have cleared. being a buisness cheque it can take a good week to clear so:
get paid on friday, get the cheque in the bank on monday, monday does'nt count as it has to be a complete working day, so cheque starts clearing on tuesday, allow at least five full working days for buisness cheque, tuesday wednesday thursday friday( weekends are not working days) monday(often have to wait until after the close of buisness)so its the following tuesday before you can draw on your paycheque. It means you could have waited an extra eleven days for your pay after you've actually been paid! And this after working a week in hand too.
This kind of practice is one of the reasons i left the motor trade!!
And I think it stinks, Its a disgusting way to treat your staff and i really hope it does'nt happen in archaeology(although i suspect it does at some units)!!
deep
get paid on friday, get the cheque in the bank on monday, monday does'nt count as it has to be a complete working day, so cheque starts clearing on tuesday, allow at least five full working days for buisness cheque, tuesday wednesday thursday friday( weekends are not working days) monday(often have to wait until after the close of buisness)so its the following tuesday before you can draw on your paycheque. It means you could have waited an extra eleven days for your pay after you've actually been paid! And this after working a week in hand too.
This kind of practice is one of the reasons i left the motor trade!!
And I think it stinks, Its a disgusting way to treat your staff and i really hope it does'nt happen in archaeology(although i suspect it does at some units)!!
deep