It's getting tight now

In a previous post I spoke about the place where I work, and the new owner, and the fact that he has no financial sense. Well, the norm her (which I want to change) is that we get paid the last Friday of the month. Everyone is monthly paid, and we have always been paid on time, except once before where there was a hitch in the banking system, and we got our money one day late.

Today is pay day. Usually, by the time I get to work, all the staff on Capitec accounts confirm they have got their money. Then slowly, the other banks clear the payment. I usually get my money by around 10am.

All this depends on when the "boss" signs off (electronically) on the payments.

The amounts are loaded into the banking system for payment by a person in the finance department, but can only be released by the boss. If he fails to click on the icon from his computer / laptop, it does not go through. This morning, no one has been paid. Quick call to the main office confirms that he wasn't in yesterday and so hasn't done the deed. I told them I need it to be flagged for immediate payment (I don't care if it costs them more) as my staff need their money!

I'll wait to 10am, and if we still have not been paid, I'm driving to their offices to look for the boss myself!

Because the same guy owns the company I work for, and the company that we manufacture for, he has a central office / person to handle all banking issues. All our accounts get paid from there, our salaries, etc. We (me and the lady in the office) have no access to any of the banking, not even to look at what's been paid in. We have to get the information from this central office. Not that I care, but it does pose a problem when you don't always get the feedback you need when you need it.

So, we will wiat till 10am, then see if I have to go and threaten my boss with a possible wildcat strike!