how often are you actually getting paid on time?
G'day guys.
I'm trying to understand the biggest payment headaches subbies deal with, actually getting paid for work you've already done.
I come from software development particularly in the construction industry. I've heard for years the same thing: the work's done, the claim's in, and then you're chasing the head contractor for weeks while your cash sits in someone else's account.
Before trying to put anything together, I actually want to listen.
If you're open to sharing, a few quick points would help a lot:
* How many years you've been in business
* Roughly how often you get paid late (never / sometimes / most of the time)
* Longest you've ever waited on a progress claim
* Have you ever used the Security of Payment Act — or steered clear of it? Why?
* How you currently keep track of what's owed and when it's due (head, spreadsheet, accountant, software?)
Not pitching anything. Genuinely trying to understand what hurts most and how people actually deal with it, so if I build something, it solves a real problem.
Appreciate anyone willing to share their experience.
Cheers.