Troubled Agency Honestbee Confirms Delay In Workers Wage Regardless of Promise Of “Well timed” Fee

In April 2019, honestbee reportedly didn’t have the funds to pay its employees for the month.

Late wage funds have occurred twice this yr up to now, in keeping with TechCrunch.

Responding to such media stories, honestbee launched a media assertion on April 30 claiming that “that is unfaithful“.

“We’ll make sure that all staff, throughout all markets, are paid in a well timed method,” it added.

Quick ahead three months later and after a change in management, honestbee modified its tune and confirmed that there have been delays in employees wage.

One former worker instructed Vulcan Publish that he acquired his June wage solely two weeks after he left the corporate in early July.

One other former worker instructed Vulcan Publish that her Might wage was delayed for every week.

When requested if honestbee gave any rationalization for the delay, she mentioned “the cash they had been anticipating didn’t are available”.

She didn’t elaborate what this “cash” referred to, but it surely extremely doubtless factors to a confirmed new spherical of funding.

In an organization townhall session on July four, honestbee mentioned that two rounds of contemporary funds might be injected into the corporate inside the subsequent two weeks.

Wage Delays Are Communicated To Workers

A honestbee spokesperson instructed Advertising Interactive that these wage delays had been all communicated clearly to employees and the agency will proceed to stay clear.

It additionally didn’t reveal what number of employees are affected in Singapore.

Whereas there have been wage delays in latest months, these had been communicated to employees and funds had been made in a well timed method. … The brand new administration group has taken steps to stay clear by speaking any wage delays to employees first-hand.

We perceive the numerous affect this has on our employees and their households and stay dedicated to assembly our monetary obligations to them in a well timed method.

– honestbee

When it comes to different enterprise updates, honestbee lately briefly halted its operations in Malaysia and laid off extra employees in Japan, following an earlier spherical of layoff in Might.

In Singapore, its vice chairman of promoting Christina Lim has additionally left the agency.

She is amongst many different senior executives who’ve referred to as it quits, together with co-founders Isaac Tay and Joel Sng, in addition to managing director Chris City.

Featured Picture Credit score: honestbee