Wednesday 27 February 2019

The Early-Ish Paycheque

Okay, so Boss is going on another vacation (fine, great, have a good time) yet when Boss does we get our paycheques a bit early . . . sorta.

What I mean is that we submit our timesheets early, with the predicted times filled in for the remainder of the payperiod, and we get our paycheque in hand before we leave.

That is nice, but what happens, for me, is that the bonus that I would earn is therefore not on the cheque and I get that as a special cheque after Boss comes back.

It is nice to have my paycheque in hand early and so I know what it will be and finalize my budget accordingly. 

Since we are submitting our Timesheets today at noon, I am only missing out on a day and a half of possible bonus on this cheque. 

As I said and to be clear, I will get that small amount on a separate cheque when Boss comes back. 

I have noticed, however, from times gone by that this little manoeuvre means I pay more in payroll taxes. 

The suggestion to wait until Boss returns a day or two after payday is always flatly refused. 

It has something to do with Boss could get in trouble if we don’t have our paycheques in hand on or before the appointed payday.

Automatic deposits have been suggested but we are small and it would not help in this case, as Boss would be doing it and Boss would still be on vacation. 

Besides, Automatic Deposits have been made pretty much obsolete with the advent of depositing via a Banking App. 

I will look at the positive and know what I have to work with come the early afternoon today. 

As always: Keep your head up, your attitude positive, and keep moving forward!

1 comment: