View the contractor timesheet submission Payment Calendar 2013/14, highlighting the standard procedure for the majority of Parity contractors to receive payment on a monthly basis by electronic funds transfer.
Postal timesheets in respect of each accounting period i.e. up to and including the last working Friday of each month, that are received during the week following that Friday, from first post on Monday morning up to and including Friday lunchtime (12:30pm) are processed for payment. The same applies to e-timesheets submitted before Wednesday midnight (11:59pm).
Providing we have contract and supporting documentation, cleared available funds will be at your bank by 9:30am on the following Thursday. We can ensure that funds will arrive at your bank via BACS, but thereafter your bank is responsible for applying your money to the appropriate account(s).
Please note that payment will be delayed by one day when made within a week where affected by a Bank Holiday Monday and please still remember to submit zero timesheets when taking holiday entitlement.
For any queries, please contact your Parity Consultant.