Salary advance

beaner92

I work for a pretty awesome US based tech company, sweet benefits, i select my own hours, sweet healthcare etc . I need to get an advance on salary and I am unsure as to how i can do that. I have to pay off uni fees and I need my salary a month in advance to pay my fees .

Is it normal to do this?
If so how do i do it?


Thanks a million

davo10

beaner92 wrote: »

I work for a pretty awesome US based tech company, sweet benefits, i select my own hours, sweet healthcare etc . I need to get an advance on salary and I am unsure as to how i can do that. I have to pay off uni fees and I need my salary a month in advance to pay my fees .

Is it normal to do this?
If so how do i do it?


Thanks a million

Is it normal? No, wages are paid in lieu of hours worked. An employer has to consider, what happens if we pay in advance and the employee stops showing up for work?

How do I do it? Ask, but prepare to be rebuffed.

Mrs OBumble

Totally abnormal.

They're your employer, not a bank.

Approach your bank or credit union for a loan.

Asking your employer will alert them to your ptecarious financial situation, and likely lead to them losing trust in you.


Also - consider what would happen if you got sick and couldn't work for a fortnight ....

CruelCoin

Mrs OBumble wrote: »

Totally abnormal.

I wouldn't say that.

Many payroll packages recognise this is a thing and have "loan" as a feature in payroll deductions.

It's not the common, but it does happen. If there is some mutual respect and trust, then i don't see it as an issue.

Irish_Elect_Eng

CruelCoin wrote: »

I wouldn't say that.

Many payroll packages recognise this is a thing and have "loan" as a feature in payroll deductions.

It's not the common, but it does happen. If there is some mutual respect and trust, then i don't see it as an issue.

If you are in college doing further education to further your career the approach them to pay your fees, check what their plocy is on supporting further education.

Very few large companies or MNCs il offer "loans" for a simple reason.
Interest free loans are a :benefit in kind" and taxable.
Some companies got into big trouble for offering these loans to senior executives and now have blanket bans on any kind of loans.

You might have been able to do this if it was a small company.

pilly

It's not totally abnormal in smaller companies but some larger companies might do it. A full months salary is a lot to be asking for also, what are you going to live on the following month?

super_furry

You won't get it and asking for it will reflect very, very poorly on you. Find an alternative way.

TimeToShine

If they're as good as you say they are I wouldn't go kicking a milking cow.

listermint

what about a loan from a bank that you could pay back in a reasonable time allowing you to eat and live whilst having the total paid off.

Senna

I would say its abnormal in bigger companies by somewhat normal in small companies, especially minimum wages jobs like hotel, bars etc.
OP, why is this suddenly sprung on you? Do the college not have payment plans, direct debit etc?
Dont ask HR, it looks completely unprofessional, maybe ask them if they have education programs that might pay, but dont just go in looking for money.

Elemonator

Can I ask what you do OP?

Know of someone who is looking for jobs along the line of these conditions.

ted1

If they are so sweet why are they not paying for your education?

Dr Turk Turkelton

Elemonator wrote: »

Can I ask what you do OP?

Know of someone who is looking for jobs along the line of these conditions.

Think we're all looking for jobs along the line of "awesome" companies with"sweet benefits" Elemonator!

Pkiernan

Lot of numbskull responses so far.

OP your company may well offer this. You need to ask your HR.

Asking this question will not reflect badly on you.

bobmalooka

Plenty of grad programmes offer a salary advance.

It's not a crazy question to ask but I'd be surprised if it was an option when they haven't made you aware of it.

I'd simply ask HR if it's something they do, no need to spill details.