It was a wild ride. Any time I tell folks about this place, it blows them away what kind of things the company got away with. There’s probably tons of stuff I don’t even know about…
But I did just recall another gem:
The company often times didn’t have enough money in their business account to cover all paychecks. On a couple occasions when I went to the bank to cash it, they told me I had to wait because there weren’t enough funds. When it happened one time, I got super pissed, drove to the office on a Saturday and demanded they put cash in my hand. I embarrassed one of the owners in the lobby when I held up my paycheck and said “I can’t cash this.” They were only able to front me $100 and I made accounting give me a receipt as proof. They would regularly tell us to wait until Monday. So they were writing checks that were worthless.
If a company ever struggles to fulfill payroll, it’s already dead in the water. Labor is the single most important resource for every single company, and is a cost that can (and should) be budgeted for well in advance. Plus, many states have steep penalties for failing to pay on time, so even shitty companies make sure they have enough cash to make payroll.
You probably could have taken them for a ride when they failed to pay you on time. My state allows for triple your average daily wage per day that you go unpaid.
😲😲😲 I have no words. I’m sorry you experienced this
It was a wild ride. Any time I tell folks about this place, it blows them away what kind of things the company got away with. There’s probably tons of stuff I don’t even know about…
But I did just recall another gem:
The company often times didn’t have enough money in their business account to cover all paychecks. On a couple occasions when I went to the bank to cash it, they told me I had to wait because there weren’t enough funds. When it happened one time, I got super pissed, drove to the office on a Saturday and demanded they put cash in my hand. I embarrassed one of the owners in the lobby when I held up my paycheck and said “I can’t cash this.” They were only able to front me $100 and I made accounting give me a receipt as proof. They would regularly tell us to wait until Monday. So they were writing checks that were worthless.
If a company ever struggles to fulfill payroll, it’s already dead in the water. Labor is the single most important resource for every single company, and is a cost that can (and should) be budgeted for well in advance. Plus, many states have steep penalties for failing to pay on time, so even shitty companies make sure they have enough cash to make payroll.
You probably could have taken them for a ride when they failed to pay you on time. My state allows for triple your average daily wage per day that you go unpaid.
Lord almighty. And yes you’re right fuck knows what else was going on that you didn’t hear about.