Payday blunder on BH

[kcchiefette]

Want to know am I missing something here?

I assumed today was the last banking/working day of the month as tomorrow is a BH and then its the weekend.

I havent been paid my salary today.

Queried with HR (who are based in India) as a few others are quite upset as their DD have failed and some need it for mortgage payments.
HR have told me not to worry - it'll be paid on Saturday as its the closest date to 31st "as per contract".

My contract states we get paid "in or around 31st of each month" and an additional stipulation to say "the last banking day of each month".

So to me, Friday isnt a banking day. Saturday isnt a banking day. So the last banking day this month was today.

Luckily, I have enough to "live on" until after BH weekend, but not enough to do the activities I had planned such as taking DS out for dinner, going to the farm and going to a car show on Monday. I literally have enough for food, petrol and maybe some cheap treats like ice cream etc.

Apparently, the boss will try and make payments tonight.

Has anyone know if a bank transfer will be processed on a BH or Saturday?

Also I am so angry with my employer as I think they are blatantly lying about it to cover their mistake. They are repeatedly telling me I am "wrong" about today being the correct pay day.

Your money will probably go in the bank Saturday @kcchiefette And nothing will come out tomorrow.

As a few posters have said, how can your direct debits have failed though? (If your money would not have gone in til tomorrow anyway?) Direct debits come out late when it's a bank holiday, not early - and income goes in early... usually. I also don't get why you can't use your savings.

What are you expecting people on here to say/do?

Its not my DD - a colleague told me theirs had failed.

I make sure all mine are at least a week after payday.

All my dds for the first of April were showing as pending today, hence the cash wasn't available, which technically put me overdrawn, so I transferred some over from my savings. Then got paid later today. But there was a moment where I was wtf, where did it all go, until I figured it out.

I haven't worked in the UK as an adult, but why do they still do monthly pays? How does it work when some months are 31 days, and then you only have 28 days in Feb? Is it the same amount every month or slightly less on the months with shorter days?
We get paid (Australia) every 2 weeks. Its great. My last job we were paid weekly!

Is it a small company? I've always been paid before the bank holiday.

OP, I think you are spending too much money for someone living paycheck to paycheck. Three paid-for activities over one weekend? Dinner, farm, car show. Why all three considering you have no fallback or emergency fund?

Its the only month I live like this due to my winter gas bill usually arriving for the quarter. I dont live paycheck to paycheck.

Most months, I have 300 at least left before getting paid, but after my gas bill ended up being double what I expected, I took an unexpected hit this month.

I had planned the farm and car show before paying this bill and promised dinner for DS the other day as it seemed a relatively small expense if I was getting paid anyhow. It would have meant I had £200/£150 in savings instead, but I still wouldn't have been living right to the line.

Update

Disaster adverted as my wage has hit my account today!

Boss had explained they use faster payments so no need to worry about BH.

Ive let them know they need to update contracts and their induction packs as telling people about BH when it cones to pay and its not relevant, is confusing

Yes someone did F up, but our contract says we’re paid on 25th and we were still l in fact paid early.

Also I have 4 standing orders and 9 direct debits due between 31-1st and not one has been taken early so it can’t be that common that they are.

that is good you got paid today

for dd depends on the bank and the company set up some come out on the last working day of the date it's set up for or the 1st working day after the payment date if it falls on a weekend it will say this in the contract
your pay day states the 25th however it should say that if falls on a weekend or a Bank Holiday you will be paid on the last working day or the working day after it falls. anyone that works in accounts dealing with bank payments know they have to do it by a specific data or time - payroll especially. especially when you have bank systems down for maintenance etc which often happens at weekends
your workplace really f upped there as every payroll should know this

@mjf981 We get paid (Australia) every 2 weeks. Its great. My last job we were paid weekly

???? No. That’s not correct. I’m in Australia, and have only ever been paid monthly. Everyone I know gets paid monthly, including all my friends, DH and my kids who have ‘proper’ jobs (as opposed to the others doing casual non-professional jobs while going through uni). The only people I know who get paid fortnightly are in non-professional industries and are either casuals or permanent but work for small/small to mid size businesses. I have no idea how labour hire places work, maybe they pay fortnightly, which would make sense. Maybe some professional jobs do pay fortnightly, I just have never heard of it so I won’t make a blanket statement as you have done that it never occurs in Australia.

Hopefully you will get paid tomorrow ,pretty poor show by employer! Do you have anything of value at all.jewellery or computer/playstation to pawn until you get paid ? This has helped me in the past in an emergency

At least then you can have your treats with your Son!

But it still makes no sense. Why would the direct debits fail if the money wasn't due til today anyway? I have never known a direct debit come out early.

That's good news. Enjoy your Easter break.