What are Payment Terms?
Payment terms on Worksome refer to the agreed-upon timeframe within which a client must pay for the services provided by a worker. These terms are an essential part of the contract between the client and the worker.
Gross Payments Direct to Worker (Outside IR35/SOW/Self Employed Sole Trader)
PAYE/Inside IR35
1099
W2
Gross Payments Direct to Worker
Payroll via Third-Party Provider
Gross Payments Direct to Worker
Available Payment Terms
Worksome offers several payment term options for clients, which are determined through contract negotiation. The available payment terms include:
8 days
14 days
30 days
45 days
53 days
60 days
75 days
You can check payment terms on a hire in Contract details:
As well as in a full version of the contract:
How your payment term is counted
Every payment term uses one of two methods. Which one applies is set on the contract, and it changes the date your term is counted from.
Net — the term is counted from the date the payment request is submitted.
For example, a 30-day Net term on a payment request submitted on 3 March is due on 2 April.
End of month — the term is counted from the end of the calendar month in which the payment request is submitted.
For example, a 30-day End of month term on a payment request submitted on 3 March is counted from 31 March and is due on 30 April.
Both methods are available across the payment term lengths above. Which combination applies to you is set on your contract.
If your client uses batch invoicing
Some clients group multiple approved payment requests into a single invoice on a fixed cycle. Where this applies, your payment term is counted from that batch invoice rather than from the date you submitted the request, so the approval email will not show a payment timing estimate. Check the Payment Request page for the current status.
How Payment Terms Work
Worker submits payment request: After completing work, the worker submits a payment request through the Worksome platform.
Client approval: The client reviews and approves the payment request.
Invoice generation: Worksome generates an invoice from the approved payment request. Where the client uses batch invoicing, several approved requests may be combined into one invoice on the client's invoicing cycle.
Payment processing: The client pays the invoice within the agreed payment term, counted using the Net or End of month method described above.
Worker payment: Once Worksome receives payment from the client, the funds are processed and transferred to the worker.
Important Notes
Payment terms are counted from the payment request submission date (Net) or from the end of the month in which the request was made (End of month) — not from the date the invoice is generated.
Where the client uses batch invoicing, the term is counted from the batch invoice.
Factoring takes precedence. If factoring (pre-payment) is enabled on your contract, you are paid on a fixed schedule from the invoice issue date regardless of the client's payment term or invoicing cadence.
For specific payment arrangements or concerns, always refer to your contract or contact Worksome support.
Currency and Payments
Worksome supports contracts and payments in the following currencies:
GBP
EUR
USD
AUD
CAD
SGD
DKK
NOK
SEK
AED
You select currency in Account settings > Markets> by choosing your primary market
Your payment is normally made in the same currency as your contract.
If a payment needs to be made in a different currency, it must still be one of the currencies listed above — Worksome cannot pay out in a currency that is not on that list. If your local currency is not listed, agree with your client which of the supported currencies your contract will use.
If you are paid through US payroll or UK PAYE, your contract must be in USD or GBP respectively.
Responsibility
While Worksome facilitates the payment process, both clients and workers need to understand and adhere to the agreed-upon payment terms to ensure smooth financial transactions and maintain positive working relationships.
How Will My Payment Be Processed?
UK 🇬🇧
1. Gross Payments Direct to Worker (Outside IR35/SOW/Self Employed Sole Trader)
Once payment is ready, it will be processed in the next pay run. Our pay runs occur every working day in the afternoon (Monday-Friday, excluding bank holidays).
You will receive a confirmation email once the payment is processed.
Funds typically reach your bank account the same day or the following morning.
2. PAYE/Inside IR35
Once payment is ready, it will be processed in the next payroll. Our payroll runs every working day in the afternoon (Monday - Friday, excluding bank holidays).
You will receive your payslip via email.
Funds are processed shortly after the payroll run and usually reach your bank account the same day or the following morning.
US 🇺🇸
1099
Once payment is ready, it will be processed in the next pay run.
Pay runs occur daily (Monday-Friday, excluding public holidays).
You will receive a confirmation email upon processing.
Funds typically arrive in your bank account the same day or the following morning.
W2
Payments for W2 employees follow a set payroll schedule:
a. W2 - Worksome Payroll
Regular payroll runs on Wednesdays, with payments processed by Friday (excluding public holidays).
You will receive a confirmation email after processing.
Funds typically reach your bank account two business days after processing, depending on your banking institution.
b. W2 - Worksome External Payroll
Where Worksome is not the employer of record, the timing of when you receive your payment is entirely dependent on the third party. The employer of record will handle the payment following their own internal processes and schedules.
Australia 🇦🇺
1. Gross Payments Direct to Worker
Payments are processed in the next pay run, which runs every working day (Monday - Friday, excluding bank holidays).
You will receive a confirmation email upon processing.
Funds typically arrive in your bank account the same banking day or the following morning.
2. Payroll via Third-Party Provider
For workers under AU payroll, payments are managed by our partner CXC.
Payment schedules and timing depend on the employer of record's internal processes.
For detailed timing information, please refer to CXC directly.
EU/Rest of World 🗺️
1. Gross Payments Direct to Worker
Payments are processed in the next pay run, conducted every working day in the afternoon (Monday - Friday, excluding bank holidays).
You will receive a confirmation email once payment is processed.
Funds typically arrive in your bank account the same banking day or the following morning for domestic payments, and up to 3 business days for international payments.