Payment for writers: why a minimum accrual amount for release of your funds?

Hi I have a question for any out reputable writers out there...Is it normal for reputable companies to have a minimum accrual amount for release of your funds? Furthermore, is it legitimate to have part of your funds held back each month as some form of insurance method for the next month?

Thanks,
Jess

no


no
Was it actually necessary for you to ask these questions? I mean, as an academic writer some basic level of intelligence is required....

Never heard of any co do that before

No pheeklyks, and being an ass does not change that fact.
I am new to this world and was unaware of the fining system set up in place of such businesses. Thank you.

I'd say yes. Companies need to have some form of protection against dishonest writers.

Writers shouldn't receive payment until they've submitted the work, and if plagiarism or other dishonesty is found, the writer will be in breach of contract and subject to civil as well as criminal lawsuits at very little expense to the company. As long as the company hires writers that are within the reach of the law--i.e. citizens of the same country where the company operates--this is a non-issue.

once again, you go out of your way to be an unhelpful dick. you couldn't just answer the question, you sad piece of ****?

Right, but it's much more convenient for a company to withhold some funds rather than going through an inexpensive (BUT lengthy) legal process. Another option is to pay by Paypal or similar types of online payment processing accounts which protect the company from possible future problems.

convenient if you're the owner; inconvenient if you're the "independent freelance writer" busting your ass to make the owner's work-free profits.

most employers hold money back because of greedy anxiety.

It is safe to assume that 'most employers are greedy.' But if they weren't 'greedy' they wouldn't bother to run companies and put bread on the table of thousands of workers and their families.

We've been asking you for months to start up your own company and show your generosity, but you refused. Besides lip service, you did absolutely nothing to improve the lives of others. In the meantime, the 'greedy employers' paid hundreds of thousands to their contracted writers and put a smile on their families' faces.

You really don't understand how this industry or capitalism generally work.


The ESL tendencies always come out when they get pissed...

there's a difference between being righteously pissed and ridiculous, you putz.

Sheer ignorance and stupidity, as usual . . . .


BRAVO!

sure, pat yourselves on the backs. it just makes it even more obvious who you really are.

Why are you always such a coward? Why don't you make clear accusations? Afraid that I'll slap da taste out yo mouf again? Little b**-h . . . .

And? This has no bearing on JessD's English skills (or lack thereof), but thanks for playing.

Stop, you're making me blush phee.

Amidst the disgusting rambles , I think Major said something good for the senses.Only that he/she went almost out of question like Pheelyks and the rest.

As for me, what is important is that payment for projects successfully completed within a given period of time is made as stipulated by the company.There should be a clear payment policy.

Unless the writer has bad reputation, I believe a reputable company should not hold back funds that are due for pay.

Really? You think companies should pay people that provide work for them at the rates they agreed to pay for that work? What a strong and unique position!

In truth, it is not legal but they do it on the basis of logical reasons.

Their first reason for doing it has to do with the amount of fees the company is required to pay in terms of bank transfer fees or PayPal service charges.

The second, is that they prefer to wait a month before paying for a paper just in case the client decides to file a quality complaint or begin charge back actions.

They prefer to hedge their best by protecting the income.

Any penalties arising from problem transaction will be taken out of the writer's wages. Not the company share of the profit from a given order. It comes across as an insurance method if you think about it that way.

However, as a business person, or from a business point of view, I can understand why they would do it that way.

It is the norm of the business. It was that way when I entered into the academic outsourcing services and that payment method still stands today, long after I have left the business.

An accrued payment is normally the best way for a writer, who does not wish to pay for transfer charges, to get his salary. By collecting a minimum amount before having the salary transferred, the writer not only lessens his transfer charges, but also receives several payment options along the way. I offer my writers the opportunity to collect their salary then have the collected amount transferred once a month. In this case, I take full charge of the transfer costs because I am able to gain an interest on their salaries that are currently housed in my company account. Therefore, I can afford to shoulder those charges. The other option, is for the writer to get his salary once it reaches a specific amount. Again, this is just logical because transfer fees are lower when a specific amount is transferred. The writer is also assured that he has money to collect whenever he needs it. He can request for a partial or full transfer, depending upon his needs. In this case, the transfer fees are lower as well. The accrual of funds is a win-win situation for both sides.

I find this to be the reason why I'm typically alright with having a systematized payment method. As long as I'm not fishing out and fully desperate for money, knowing that I can save up a little bit of built up cash on the entire process makes it run better for me in the long run.

Accrued charges are all about one thing. The company is stingy. They have a preset idea in mind as to how much they want to pay their writers collectively and then, individually, depending upon the writer's status at the company. By withholding funds for the writer's salary, they get the money to work for them / earn more for the company profits, before it needs to be release to the writer. It isn't legal but then again, the writers who are signed up with a company work in a gray area. There are no legally set rules in place for the company to follow. They make up the payment rules as they go along and all the poor writer can do is go along for the ride. In effect, the writer simply has to accept what he cannot change.