Salary payment advice needed

[Vetplant]

Aerosud?

Let's just say Paramount is involved somewhere in the cobwebs...

[Vetplant]

If the CFO is being left out of the picture.........

 

 

That is not a positive sign, at all. 

 

 

 

 

https://www.youtube.com/watch?v=m3LGopSVju4 

 

 

 

 

 

Had a chat with the CFO this morning, he said that he doesn't have a clue what is going on, the owners aren't talking to him about where they are going to get the money for January salaries, let alone to fund operations going forward.

 

Thanks guys, you are calming all my nerves 

[mazambaan]

Nothing to do with Cemair  I hope.

[Vetplant]

-Nobody has received their salaries for January.

 

-My family medical aid cover will lapse, unless I make a direct deposit to Discovery before Friday, from my own savings.

 

-Group life cover will lapse, and there is no way to stop that, even if I paid them directly for my own fee.

 

Fun start to the year.

 

Needless to say, my CV is out there with at least one bite which might turn into an interview in the next couple of days. It would be a massive jump in my career ladder if it comes off.

 

Parallel to that I am looking at establishing my own side businesses, tired of being chained to a salary which is clearly not as guaranteed as one is lead to believe.

[Stretch]

Best of luck with the interview!

[Mojoman]

-Nobody has received their salaries for January.

 

-My family medical aid cover will lapse, unless I make a direct deposit to Discovery before Friday, from my own savings.

 

-Group life cover will lapse, and there is no way to stop that, even if I paid them directly for my own fee.

 

Fun start to the year.

 

Needless to say, my CV is out there with at least one bite which might turn into an interview in the next couple of days. It would be a massive jump in my career ladder if it comes off.

 

Parallel to that I am looking at establishing my own side businesses, tired of being chained to a salary which is clearly not as guaranteed as one is lead to believe.

Good luck, a terrible cloud that you are under right now....hopefully all straightens out for you soon.

[BigDL]

Good luck - brings back horrible memories from 13 years ago. You will be ok, just have to act now and don’t waste another minute on those ****-pigs

[splat]

-Nobody has received their salaries for January.

 

-My family medical aid cover will lapse, unless I make a direct deposit to Discovery before Friday, from my own savings.

 

-Group life cover will lapse, and there is no way to stop that, even if I paid them directly for my own fee.

 

Fun start to the year.

 

Needless to say, my CV is out there with at least one bite which might turn into an interview in the next couple of days. It would be a massive jump in my career ladder if it comes off.

 

Parallel to that I am looking at establishing my own side businesses, tired of being chained to a salary which is clearly not as guaranteed as one is lead to believe.

 

Our company's cash flow is also a bit dry. We have received just over 50% of our salaries to date, with not much more on the horizon barring a miracle.

Job market isn't very active, so feel a bit 'rock and a hard place'.

[BigDL]

Our company's cash flow is also a bit dry. We have received just over 50% of our salaries to date, with not much more on the horizon barring a miracle.

Job market isn't very active, so feel a bit 'rock and a hard place'.

Sorry to hear about you okes. Been there, wish I hadn’t. Good luck - it will get better

[Plentipotential]

Let's just say Paramount is involved somewhere in the cobwebs...

 

Paramount Combat Systems was put into business rescue a year ago!

[splat]

Our company's cash flow is also a bit dry. We have received just over 50% of our salaries to date, with not much more on the horizon barring a miracle.

Job market isn't very active, so feel a bit 'rock and a hard place'.

 

Annndddd....

Boss decided to liquidate the company.

Don't know all the details of how this will all wrap up with existing projects, but there are definitely more questions than answers at this stage

[Red Robin]

Annndddd....

Boss decided to liquidate the company.

Don't know all the details of how this will all wrap up with existing projects, but there are definitely more questions than answers at this stage

Sorry to hear of the position that you are now in.

[Vetplant]

Annndddd....

Boss decided to liquidate the company.

Don't know all the details of how this will all wrap up with existing projects, but there are definitely more questions than answers at this stage

Sorry bud, that sucks, no two ways about it.

[Plentipotential]

Good luck. I think we are going to see a lot of companies close this year. I wish you well friend.

 

Very sad but I agree. It's gonna get ugly.

[Stretch]

Sorry to hear. Best of luck and hope you can find something smartly

[Hairy]

Best wishes OP

 

A good couple of years ago I worked for a practice that had us working stupid hours, we started getting our salaries later and later, then one December when the bossman was over seas in OZ we missed our salary completely ... and my wife was pregnant with our first child at this point.

 

To add further insult to injury, a fax arrived while he was away with forms for immigration to OZ.

 

Two weeks later I resigned after getting a job offer from another company who heard what was going on and head hunted me.

 

Took a few months to get the outstanding salary, and this after threatening to go the legal route.

 

What I learnt from this is that it is all well being loyal to your place of work, but it is a two way street, and at some point you need to know where to draw the line and start making alternative arrangements while you are still in a position of power (Being employed) and then being able to choose your next place of work vs just taking what you can get.

 

If there are kids involved, then that line you draw in the sand happens a bit earlier than if you did not have kids.