Boss says "Here's your paycheck

PackManBrainlure
PackManBrainlure

boss says "Here's your paycheck. I wouldn't cash it today though."
mfw

All urls found in this thread:
https://www.law.cornell.edu/uscode/text/11/507
http://www.nytimes.com/2016/06/26/business/dealbook/when-you-dial-911-and-wall-street-answers.html
Supergrass
Supergrass

@PackManBrainlure
Why would he say that? Its your fucking money

Stark_Naked
Stark_Naked

Cash it immediately
If it bounces put a lien on his property

Raving_Cute
Raving_Cute

@PackManBrainlure
kek my friend had a boss for a side job that would take weeks to pay him. some people just shouldn't be running businesses.

cum2soon
cum2soon

@Raving_Cute
Yeah. The company is growing like mad (up 40% each year for the last 4-5 years) but it's not becoming more profitable. It's paycheck to paycheck just like in the beginning.

Techpill
Techpill

@PackManBrainlure
Not being paid by direct deposit
Cashing cheques
Not having a bank account
Working for a company so low on cash it can't make payroll

likme
likme

@PackManBrainlure
jobs you can quit with zero days notice

and maybe pick your boss' kids up from school for him, drive them home as a favor

PackManBrainlure
PackManBrainlure

@PackManBrainlure
Just cash it. It's not your problem unless it bounces. In which case, get a lawyer involved.

You get paid on pay day. Today is pay day. Bon appetit.

Emberburn
Emberburn

@Techpill
a rival company of the one I work for went bankrupt back in February, a lot of the people who lost their jobs there got hired by mine and some of the shit they said was mind blowing

company had failed to make payroll twice last summer but people were paid a week late
company goes under on payday, the writing had been on the wall since they had been losing contracts left and right but no one expected it so suddenly
everyone just got an email from management saying the company was bankrupt but please continue to work until the end of your shift
everyone went to headquarters to pick up checks and piled into company cars to drive over to check cashers
now 6 months later people still haven't been paid for the last 2 weeks of work and they probably will only get pennies on the dollar if anything since they're in line behind the company's creditors
former CEO is a billionaire and will most likely lose nothing of her personal wealth
mfw

Firespawn
Firespawn

@PackManBrainlure
I can imagine how quickly the guy was rubbinghis hands together when he said it.

Lord_Tryzalot
Lord_Tryzalot

@PackManBrainlure
mfw
You had a literal fucking stroke?

Spamalot
Spamalot

@Emberburn
Only behind their secured creditors:
https://www.law.cornell.edu/uscode/text/11/507

This is, as far as I understand it, because the security offsets the harm to the bankrupt entity. They just end up liquidating the secured asset or somehow valuating it, you pay the pennies left, and then the firm is still (hopefully) solvent enough to pay employees. I may be forgetting some nuance to that, though.

Soft_member
Soft_member

@cum2soon
Then whoever is running the place is doing a shit job. Jump ship now.

hairygrape
hairygrape

all the unironic Shillary reaction pics in this thread

What the fug

CouchChiller
CouchChiller

Paychecks
The fuck, people still do that? That's some 80s shit.

t: Yuropoop.

Supergrass
Supergrass

@Emberburn
If a company fails to make payroll. it is dead.

I got laid off from a company headed that way a few years back. Took too long depositing my check for unused holiday time, and it bounced. Phoned up to ask WTF, and was told nobody remaining there had been paid either. Had to put in a claim with the liquidators by that time.
Got my money, though.

Need_TLC
Need_TLC

paychex
not getting sweaty $20 bills at the end of the day from your Jew manager

Feels good to be an illegal immigrant

Booteefool
Booteefool

Someone pls post the clips of Stewie
better have my money man..

ZeroReborn
ZeroReborn

@hairygrape
pic related

@Spamalot
@Supergrass
it was a private EMS company, which are quite notorious for having razor thin margins but apparently they took it to new levels. From talking to people who worked there apparently they were using medicare payments 2 months in the future as collateral for their creditors.

They had over 20 911 amublances running in the bronx in NYC when the company went under and as soon as people received that you're not getting paid but please keep working email they simply stopped responding to 911s. It's the same as if an entire police precinct just suddenly stopped existing.

There was a big piece in the NY Times discussing it at length (and a few other examples) a couple months ago.
http://www.nytimes.com/2016/06/26/business/dealbook/when-you-dial-911-and-wall-street-answers.html

Fried_Sushi
Fried_Sushi

@ZeroReborn
And in many of these businesses, The Times found, private equity firms applied a sophisticated moneymaking playbook: a mix of cost cuts, price increases, lobbying and litigation.
Hahahaha Holy shit, LAAAAND OF THE FREEEE having the best medical care because it's priiiiiivate

Not unlike those dirty, smelly, socialist europoors that have government run medical care.

Seriously Burgers, get your shit together.

Sharpcharm
Sharpcharm

@Fried_Sushi
it really is a huge problem, it's gotten a bit better with the affordable care act but without universal participation it can only do so much to remedy the situation

the company I work for isn't nearly as bad as that one and keeps the lights on by doing a lot of non emergency medical transports since they're already negotiated with the insurance companies so the pay has already been guaranteed. But with 911s there's no guarantee that someone is ever actually going to pay their bills if they don't have insurance or their insurance won't cover all of it, and you can't exactly repossess medical care.

It's particularly a problem with illegal immigrants since they can't get insurance they wont go see a doctor when they get sick which means easily treatable conditions fester and get worse until they eventually go to a hospital and possibly need expensive surgery that they can't afford. Then when they don't pay that cost gets passed on to everyone else.

It really is a disaster, we need universal healthcare. Oh and while we're at it we need to make 911 EMS a responsibility of municipalities rather than private companies. When we're talking about emergency medicine the bottom line should not be the bottom line.

Burnblaze
Burnblaze

@CouchChiller
giving anyone direct access to your bank account

WebTool
WebTool

@Burnblaze
people who put money into my bank account can just as easily take money out of it
is this really what you're saying?

DeathDog
DeathDog

@WebTool

Not him but yeah you usually sign something giving them permission to take money out. It's for if they mess up and give you too much. I always sign it because I don't have a nigger-tier bank so if i get ripped off i get my money back.

Fuzzy_Logic
Fuzzy_Logic

@Sharpcharm
feelsbadman.jpg
stay strong my burger friend

whereismyname
whereismyname

@Fried_Sushi

the bronx
representing america

It's literally the worst part of america due to having the same backwards laws as your rainy socialist island. I live in the south and we have no problems with things like this. Lazy yankees deserve to die waiting for an ambulance. They're probably leeching my tax dollars anyway.

MPmaster
MPmaster

@Sharpcharm
Or you need Trump to neck every single law breaking border crosser. They're going to make our safety nets collapse on themselves.

Boy_vs_Girl
Boy_vs_Girl

@MPmaster
illegal immigration is a big problem, but on the whole Trump's policies would do far more harm than good to the healthcare situation. I'm also not convinced that the wall would really do all that much to stop illegal immigration.

His healthcare positions leave a lot to be desired imo, though the proposal of making health insurance premiums a writeoff on income tax is intriguing.

Firespawn
Firespawn

@Fried_Sushi
Ill never understand socialists and their healthcare meme. Public healthcare is fucking suicide in terms of medical costs

BlogWobbles
BlogWobbles

get paycheck
$100 of gift card in it for safety bonus

Feels good man

Stark_Naked
Stark_Naked

my boss said this to me once, but that's because he gave it to me before the day when the check was live. so if i tried to cash it, it would be rejected, and then they would get fined.

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