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How Do You Cope With A Company That Owes Salary? - Career (3) - Nairaland

Nairaland Forum › Nairaland General › Career › How Do You Cope With A Company That Owes Salary? (4876 Views)

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Re: How Do You Cope With A Company That Owes Salary? by dinodangana(m): 3:37pm On Oct 28
It hurt so much i must say.
But you might not have an idea how much more it hurts the employer.

Employers are really good for not looking like what they silently deal with.

I run a start up, and few months ago due to funding and financial difficulties I streamlined my workforce to just 1 staff (a domestic staff) while i work on strategy.

3 months ago it went extreme that i could not pay that staff since then, i can’t even feed myself, lol, even where i dey chop i never pay for like 1 month, company has a debt of 2.3m, i feel extremely bad every time this staff comes to work. If he decides to leave tomorrow i will not blame him.

I am not making excuses for companies who don’t prioritize the welfare of their staff, those who have but refuse to pay because of some selfish reasons, or those who have for themselves but not for their employees, that is bad.

For my company, in our 3years of existence, i have never delayed salaries beyond 27th, until recently. I also take my staff welfare seriously, so much that some of my staff kept coming even after i relieved them.

So my advice to you is, analyze the situation, you alone know your boss and the context of your work environment. Use previous events to predict the future, do not take any advice from here.
This my current staff that is still with me, he has sealed his place in the future of the company, God’s willing.
DenreleDave:
Dear Nairalanders,

Have you ever had any experience working with a company thay owes salary for as much as 2 to 4 months?

If Yes, how did you scale through this issue pending when you are applying for other options?

To be sincere, this is my first experience and I must confess, it is affecting my mental health. I have never been known to borrow money but since I started working for this company, I have been borrowing to feed even as begging for data.....

Worst still, this happened to me when I have just rented a new apartment and I am basically exhausted.

Kindly share tips on how you basically survive this kind of experience especially when another job is yet to come.
Re: How Do You Cope With A Company That Owes Salary? by SamuraiXXX: 3:38pm On Oct 28
Akalia:
Is the pay good? Is it an indigenous company, foreign, or multinational?
That cannot be a multinational company!
Re: How Do You Cope With A Company That Owes Salary? by Ibime(m): 3:54pm On Oct 28
DenreleDave:
I am supposed to do my ICAN induction this November but I can't due to lack of funds.....If I had been told that I would find myself in this position, I would have argued

To everyone out there, I am recently qualified chartered accountant yet to be inducted with experience in audit, tax, account payables functions. I have practical experience in reconciliation, financial reporting, tax compliance and managing payables. All I just need is a stable role where I can do my job efficiently and get rewarded for it adequately.
Check your mail bro
Re: How Do You Cope With A Company That Owes Salary? by kaywhy09(m): 3:59pm On Oct 28
I don't stay till following month
Re: How Do You Cope With A Company That Owes Salary? by Jozilinn(f): 4:02pm On Oct 28
That's how my former school was oweing me salary for months and i no fit handle am I resorted to borrowing now I'm a chronic debtor and like this I fit just end thing because there is no more way ahead for me.
Re: How Do You Cope With A Company That Owes Salary? by checkmatez: 4:04pm On Oct 28
DenreleDave:
You are 100% right..... It's a one man business, office space is in an estate

My biggest mistake was not having an insider to tell me about this owing of salary.... I wish I was informed
Remembered back then you were praising APC and kissing buhari ass so you can be noticed by the 30k data boys and be onboarded... fast forward to present, the same Nigeria is dealing with you... you really reap what you sow.
No pity to waste for you lipsrsealed
Re: How Do You Cope With A Company That Owes Salary? by Patode: 4:16pm On Oct 28
Since we all like to suffer in silence, it's time we start to call the company names. I worked for Caverton Helicopters for three years and was owed three months salary. Caverton Helicopters eventually lost the contract in Escravos and the staff were not paid off.
Re: How Do You Cope With A Company That Owes Salary? by airsaylongcome: 4:17pm On Oct 28
BATified2023:
if we check u well u are from the east n I can bet obi owed your parents or relatives salaries for months as governor but since u are blinded by tribalism n u want your brother to become governor then u don't care.

Even when it's obvious your brother failed, u still want him to be president
That person said migwo (and spelt it correctly) and somehow they are from the “east”?🤷🏽‍♂️🤦🏽
Re: How Do You Cope With A Company That Owes Salary? by Anunakeeh: 4:18pm On Oct 28
Kennyfancy:
Shout Tinubu migwo then next time attach ur voters card to this question and tell us who you vote for. Because we can't advice APC members who will still vote for who is going to finish them. If them look you nah u go b from the west part and part of the people shouting Renew hope without gaining anything
I really like this comment so muchgrin
Re: How Do You Cope With A Company That Owes Salary? by motymop: 4:34pm On Oct 28
SamuraiXXX:
E be like say you don get plenty experience for this kind thing grin
Not really but personally if I was applying for jobs, I will like to know the line of business they are doing, potential revenue

If they are into businesses where it is hard to make money, why apply

Most Nigerian entrepreneurs just love the name, they don't understand the responsibility or the job role to be one.
Re: How Do You Cope With A Company That Owes Salary? by Chucks13: 4:34pm On Oct 28
anonimi:
Tinubu and APC are the worst debtors for salaries, pensions and even contracts, despite saving billions of dollars from subsidy removal and borrowing away our future nevertheless.

Moreover, the person responsible for Osun unpaid salaries is Tinubu's minister and relative.



https://www.youtube.com/watch?v=FiQ2oBmOqtI
Lair!

Lair!!

Lair!!!
Re: How Do You Cope With A Company That Owes Salary? by DenreleDave(op): 4:37pm On Oct 28
...
Re: How Do You Cope With A Company That Owes Salary? by DenreleDave(op): 4:38pm On Oct 28
SamuraiXXX:
How long have you been with the company?
3rd month
Re: How Do You Cope With A Company That Owes Salary? by AngelSlay: 4:40pm On Oct 28
I’m really sorry you’re going through this. Having your salary withheld for 2–4 months, especially after committing yourself to rent and other responsibilities, can be extremely exhausting. You work hard expecting to be paid, only to find yourself borrowing money to feed and even struggling to afford data to search for another job. It’s a very difficult position to be in.

My advice is to start actively looking for another job while you’re still there. Don’t wait until the situation becomes unbearable before exploring other options. Update your CV, reach out to trusted contacts, and apply consistently.

Secondly, have a direct conversation with your employer about your outstanding salaries. Ask for a definite payment date and, if possible, request that at least part of the outstanding amount be paid immediately. Keep records of the unpaid salaries and all communication with the company.

Thirdly, please don’t suffer in silence. Reach out to trusted friends or family members if you need temporary support. There is no shame in asking for help when you’re going through a difficult period.

Most importantly, don’t blame yourself for this situation. You fulfilled your responsibilities by working; your employer also has a responsibility to pay you. If the delay continues, consider seeking advice from the appropriate labour authorities or a qualified employment lawyer about your options.

I know it’s difficult, especially with a new apartment to maintain, but please prioritise your well-being while you work towards a way out. No job should leave you constantly struggling to meet your basic needs without a clear plan for payment.

I sincerely hope you find something better soon. And please, when the next opportunity comes, make sure you ask questions about salary payment history and staff welfare before accepting the offer. Sometimes, the things we learn from difficult experiences help us make better decisions going forward.

You will get through this, one step at a time. Please don’t lose hope.
DenreleDave:
Dear Nairalanders,

Have you ever had any experience working with a company thay owes salary for as much as 2 to 4 months?

If Yes, how did you scale through this issue pending when you are applying for other options?

To be sincere, this is my first experience and I must confess, it is affecting my mental health. I have never been known to borrow money but since I started working for this company, I have been borrowing to feed even as begging for data.....

Worst still, this happened to me when I have just rented a new apartment and I am basically exhausted.

Kindly share tips on how you basically survive this kind of experience especially when another job is yet to come.
Re: How Do You Cope With A Company That Owes Salary? by tunwumi: 4:49pm On Oct 28
There is a skill that is missing in those you listed here. "Receivables Expert "

DenreleDave:
How do I explain to people that I have a job but still have to beg for data and borrow money to eat.....? For God sake, I have a job.

Even people that I am ashamed to ask, I had to ask them..... I am mentally drained

I am supposed to do my ICAN induction this November but I can't due to lack of funds.....If I had been told that I would find myself in this position, I would have argued

To everyone out there, I am recently qualified chartered accountant yet to be inducted with experience in audit, tax, account payables functions. I have practical experience in reconciliation, financial reporting, tax compliance and managing payables. All I just need is a stable role where I can do my job efficiently and get rewarded for it adequately.
Re: How Do You Cope With A Company That Owes Salary? by Eniolohunda: 4:58pm On Oct 28
Dogi1:
How do I explain this in a perfect way for people to understand that I am a manager of two big companies but I have not been pay for 19 months and if I include October that will be 20 months of no payments.

Though the owner of the company is trying to make me happy in way or the other sha.
Please talk to the owner of the company one on one and let him know you're not finding it easy.
Re: How Do You Cope With A Company That Owes Salary? by Mountbatten: 5:14pm On Oct 28
You leave. What sort of question is this?
Re: How Do You Cope With A Company That Owes Salary? by Josywhyte: 5:34pm On Oct 28
Apply in another company. Once you get the job, resign from the current company. I worked in an organization where the employer owed me December salary after promising to pay before 22nd, only to discover she traveled to Canada with her family. We got paid on the 5th of January. Immediately I tendered my resignation letter and got another job that same day
Re: How Do You Cope With A Company That Owes Salary? by AlphaGrace: 5:56pm On Oct 28
akindelelawrenc:
Carry one of their asset equivalent to your salary to sell and disappear
Smiles, please don't try this.

Instead, kindly find another opportunity.
Re: How Do You Cope With A Company That Owes Salary? by Gotocourt: 5:58pm On Oct 28
DenreleDave:
Even HR is being owed almost 3 months salary... It's so crazy
angry cry lipsrsealed sad
Re: How Do You Cope With A Company That Owes Salary? by DenreleDave(op): 6:07pm On Oct 28
Ibime:
Check your mail bro
Great sir ibime

Mail replied sir
Re: How Do You Cope With A Company That Owes Salary? by femi4: 6:39pm On Oct 28
DenreleDave:
Dear Nairalanders,

Have you ever had any experience working with a company thay owes salary for as much as 2 to 4 months?

If Yes, how did you scale through this issue pending when you are applying for other options?

To be sincere, this is my first experience and I must confess, it is affecting my mental health. I have never been known to borrow money but since I started working for this company, I have been borrowing to feed even as begging for data.....

Worst still, this happened to me when I have just rented a new apartment and I am basically exhausted.

Kindly share tips on how you basically survive this kind of experience especially when another job is yet to come.
Quit and look for job elsewhere

They dont deserve you
Re: How Do You Cope With A Company That Owes Salary? by DenreleDave(op): 7:01pm On Oct 28
femi4:
Quit and look for job elsewhere

They dont deserve you
I really want to quit but I am applying to get one first before I quit
Re: How Do You Cope With A Company That Owes Salary? by femi4: 7:07pm On Oct 28
DenreleDave:
I really want to quit but I am applying to get one first before I quit
Looking for job is a job...quit n face your fear
Re: How Do You Cope With A Company That Owes Salary? by Nteogwuija(m): 7:28pm On Oct 28
You're better off quiting such company than staying. You're going to be miserable.

I was in such situation in 2017. That one fit owe like 4 months pay 1 month then owe another 3 months after the 1 month he paid.

Omo, I suffered that period. Na garri I dey drink steady. Maybe na wetin follow deteriorate my vision.

I had only one shoe that I used to work. It got bad to the extent that the shoe's sole worn off that whenever it rains and I wore the shoe, even when I didn't dip the shoe in water, my socks would still get wet.

The wear was so obvious that it affected my gait and my balance. It was crazy. I just told myself one day "enough is enough" and stopped working.
Re: How Do You Cope With A Company That Owes Salary? by firearcher: 8:02pm On Oct 28
Do they have an history of owing staff?
Do they have an history of paying back what they owe?

Is the company doing well or is it struggling? Why? Is there a prospect things will get better?

I know someone who once worked in an organisation where they could not get a job for over a year despite all the efforts. But the owner never owed his staff. At some point, he was paying from his reserve and selling some of his shares to keep paying. If an owner like that eventually could not pay, it's understandable if his staff bears with him for some months.

In this particular case, when the owner could not continue to pay, he temporarily closed down the office for 2 months pending when things improved, telling staff they are free to pursue other things.

This is what business owners should do when faced with this kind of situation.

In your own case however, I feel you should stay while looking for other options as long as staying can help shore up your resume.
Leaving the job and being idle does not look like a good alternative.

Also talk to the owner and negotiate ways to ameliorate the financial stress you will be put under. Like working remotely where possible.

At the end, do what you think is best for you even if some don't agree with you. It's your life and your situation is peculiar to you.
Re: How Do You Cope With A Company That Owes Salary? by MarketDispatch: 8:04pm On Oct 28
DenreleDave:
How do I explain to people that I have a job but still have to beg for data and borrow money to eat.....? For God sake, I have a job.

[arded for it adequately. [/b]
As an accountant, is the company generating money, and if so where is the money going that they are owing you salary up to 2-4 months?
Re: How Do You Cope With A Company That Owes Salary? by Ibime(m): 9:22pm On Oct 28
DenreleDave:
Great sir ibime

Mail replied sir
I haven't seen anything since your initial email around 4pm
Re: How Do You Cope With A Company That Owes Salary? by DenreleDave(op): 10:30pm On Oct 28
Ibime:
I haven't seen anything since your initial email around 4pm
I have replied sir.

I will send another mail again
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