Financially Stable but Late Payments: How Do You Cope with This Workplace Dilemma?

What to do if the company's financial position is good but they are still not paying on time?

If a company is financially stable yet delays payments to vendors or employees, it can create significant challenges. Employees may feel trapped until they can secure a job that offers timely payments. Unfortunately, not all details can be shared in this forum.

Hi, you are the HR of the company or an employee.

What is the reason behind the delay in salary?

If you are an employee, you can share the grievance with the HR department. In case of repeated delays in processing salary, many employees will leave the company.

As an HR professional, there is nothing I can do about the delay in salary payment. I am reporting to the HR Head, but even he has no control over salary payments. This issue has been discussed several times.

There is a legal requirement to pay the salary by the 7th of the month if your firm has fewer than 1,000 workmen, as per the Payment of Wages Act 1936 (Ref Section 5 of the Act).

Make a complaint to the Labour Officer of the area or bring it to the notice of any trade union active in your area. The employer will learn a lesson of his life.

Hi, you can share the legal implications of this with your Proprietor through your HR Head. By informing your Proprietor about the legal implications, both you and your HR Head will be protected. Otherwise, tomorrow your Proprietor may blame you for not bringing it to his attention.