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My first thought reading this was "Only a month?". Then I realized that in the real world that's probably quite a while to wait. I'm accustomed to dealing wit
by incision 13y ago
My first thought reading this was "Only a month?".
Then I realized that in the real world that's probably quite a while to wait.
I'm accustomed to dealing with government where 4-6+ months is typical and complaining will see you blacklisted. This is part of the reason huge companies are able to rent seek on such work, many small to medium businesses would have a hard time floating 6+ months of payroll continuously.
- brokentone 13y agoWhile government and large businesses often have 30,60+ day payment cycles, at least your contact will respond to you. This sounds like a different situation.
- incision 13y ago>"While government and large businesses often have 30,60+ day payment cycles, at least your contact will respond to you." We'd be ecstatic with 30-60 day schedules and I wouldn't consider "Your services are no longer welcome here" to be a desirable "response". >"This sounds like a different situation." Obviously.
- pyre 13y ago| I wouldn't consider "Your services are no | longer welcome here" to be a desirable "response". So they don't tell you when you are getting paid, and were you to enquire as to a date, or general timeline, they would drop you like a bad habit?
- DanBC 13y agoI've worked in industries where 30 days after invoice was standard; big customers could push it to 60 days. Obviously the best situation is you paying on 60 days (or more), but being paid on 30 days (or less). Someone chasing the invoices and getting the money is worth it if you have tardy payers.
- pnathan 13y agoNah, in the real world things pump monthly. I would never have serious expectations of a company to pay earlier than the 30th day of the month of the submitted bill. Most likely I'd presume that I'd submit the bill on the Xth and the money would be sent back somewhere between the 1st and 5th of the next month. That's very standard for smaller businesses[1]. In other words, you might wind up with 6 weeks between invoicing and payment. You might find that they pay on the 15th instead of the 1st. Big whoop. 4-6 months is outrageous and amazingly uncommon. [1] My father's a general contractor in construction; he's dealt with a ton of businesses of a variety of kinds and this is the SOP.