Bartlay argued that if the same terms were imposed upon these firms’ employees, it would bring companies to their knees in moments.
Bartlay, Managing Director of specialist staffing firm 2BInterface, set the scene:
“It’s the last working day of the month and you’re anxiously waiting for your wage slip after a hard month’s slog at your desk. Your FD comes along and says that you will get paid, but not for 30 more days and – by the way – they will be taking two per cent from your salary for the privilege of working for their company and having it on your CV. After all, you should be grateful you’re getting paid in the first place, and oh, didn’t you check your contract?
“The employee wouldn’t stand for it! The unions would have a field day and hundreds of companies cease trading with furious employees who can’t pay their mortgages,” she said.
Bartlay continued: “So what’s the difference between this and the daily battle SMEs in this country have with companies that fail to pay on time, with some of them even insisting on cut prices just for the ‘honour’ of working with them?”
The Department for Business, Innovations and Skills announced amended late payment legislation in mid-March 2013, but Bartlay says it won’t stop larger companies flexing their big branded muscles when it comes to negotiating terms at contract stage. The legislation states that 60 days is the maximum timeframe acceptable to pay suppliers.
“60 days is unacceptable to many owner managers. After all, I can guarantee that if they didn’t pay their tax on time they would see the backhand of the taxman. We have to call for a tighter 30 days as the industry norm for payment periods. The first few years for an SME are a telling one, and they’ll only survive on a decent cash flow. Why hinder what is great about Britain with the masses of innovation and bright young start-ups with something as simple as not being paid for what was delivered?”
About 2B Interface
Employment specialist 2B Interface http://www.2binterface.com/ has been providing companies with fully qualified trades people and professional staff since 2005. Its growing service has been enthusiastically received throughout Europe. And its expanding client base now embraces many specialised trades, industries and professions.
***** Don't Miss the Latest News - Receive these Posts by Email *****
Low Cost and Free Publicity - Your company can easily benefit from some publicity like this in return for a contribution towards our layout costs (typically £25 plusVAT), payable via PayPal or credit card or receive the service absolutely free of charge if you advertise (see below).
We post articles up to twice a day and never delete them - we only archive them each year so that they continue to remain visible to search engines.
To have your story published - just send us your news item, logo and image(s) and we will review the material, make any necessary changes to the wording / wordcount and then advise you when it will be published.
If you take display advertising or product and literature features in our printed and online publications, you will qualify for regular free postings on this blog while you continue to advertise with us.
For details on features and advertising rates please contact us or visit our website.
Door Industry Journal is a trading style of Avalon Innovations LLP Company Registration No. 06807833