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  • small loan till payday?

    a new employee (3rd day) asked for a $50 loan till payday. would you?
    bobbygedd - voted most likely to succeed by lsforum members

  • #2
    Likely, yes.
    GEEVEE®, Pat.Pend. TM, UL

    If you're gonna be dumb, you better be tough

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    • #3
      Sure. Why not. He lready earned it. Even if he bolts, just take it out of what you'd pay him anyway.

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      • #4
        More than likely, I would.
        Mike®
        Half of being smart is knowing what you're dumb at!!

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        • #5
          i made him an offer. $60 for $50. i think that's more than fair
          bobbygedd - voted most likely to succeed by lsforum members

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          • #6
            Id give him $100 no questions asked. Actually i have came upon this exact situation.
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            • #7
              Wow...wth. GM would you kindly take care of my mess. I don't know why it did that...LOL My apologies!
              Mike®
              Half of being smart is knowing what you're dumb at!!

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              • #8
                Originally posted by Bobbygedd
                a new employee (3rd day) asked for a $50 loan till payday. would you?
                Why not? Been there and hope never to return

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                • #9
                  bg dont you think he will get his interest money back one way or another. why not just loan him the money and let him pay you back.

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                  • #10
                    Don't loan him nothing just pay him. I guess you need to make so extra cash for the divorced lady and her kids " another thread" somehow. what a tight wad. shoal

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                    • #11
                      maybe the guy needed gas money to get to work. If he has beed out of work for a little while maybe he just needs the money, maybe his kids were going to bed hungry (i hope not). You took the chance to hire this guy and you hope he makes a good employee, cut him a little slack give him a advance of $100 it might be the best investment you ever make.
                      Triple D

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                      • #12
                        I've run a crew, and run multiple crews in several different trades and this is a common occurance. If you're gonna be in the contracting biz you better get used to it. I always loan my guys money if they need it and they've always paid me back. Just a sidenote, I feel confident saying that the people who have worked for me in the past have shown me a great deal of respect.

                        I would've loaned it to him without giving it a thought.

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                        • #13
                          I never give "loans"; but I do give "draws" against the amount owed for work they have done. That way, if the employee doesn't spend his money wisely, its their problem. I'm not a loan office.

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                          • #14
                            I have done it and would do it again if I thought the need is right.
                            Rudy
                            The Lawn Butler ". . .at your service"

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                            • #15
                              That $10 you made on him getting that $50 early probably just cost you a lot of money. When someone thinks (in this case, knows) they're getting done wrong, do you really think they're going to go out and work extra hard for you? Heck no! But, if you would've given him the $50 and said, "it's a payday advance and thanks for your hard work," he would've worked extra hard for you just to say thanks. At least, that's what Ive found ith my employees. Do them right, and theyll do you right. Do them wrong, and you will get done wrong. It's a two way street....
                              - Your home for Gator Tailgating and Gator Sports News and Forums.

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