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I cleared all rounds of PWC and had HR discussion 2 days back. He stated to me that they will share me the salary breakup in one day. I was casually checking my job portal and suddenly saw that my job application status for a job for which I have not given interview has changed to not selected. What does it means since I have not given interview for this job?
PwC
kame hame haaa

Hi Fishes, please suggest

I don’t get how some agencies are so terrible playing their production vendors. I’m an agency producer with a lot of red tape but I always make sure partners are paid ASAP because job codes closing and all that stuff are such a pain in the ass. Protect your production partners and pay them!!
Net 90? Some of us should be so lucky. More like Net 120 and Oops We Just Can’t Find Your Invoice Can You Send It Again Even Though The Ad You Produced For Us Has Been Running For 2 Months?
My experience was a production company was more work for less money. Wore more a hats because they were "scrappy" and longer hours because you're at the agency's whim now. But more ownership over projects and less bloated bs than an agency. But I ended up going back to agency side after a year :)
P2 this is why I’m often forced to pay vendors/partners via PayPal using my corporate Am Ex. Then get reimbursed. That’s the only way I can produce a project with a short delivery schedule.
It’s not worth it unless you want to be a line producer or have the cash to back you own production company. You’ll need it because agencies will string you along net 90 if you’re lucky.
EP2 and P2, y'all are da best. We need more like you. "Protect your production partners and pay them!!" Damn right!
Yeah well it’s the last payment that we actually use to feed our family’s and pay the rent and health insurance. The first payment is what you end up with on screen. The 120 days waiting for our profit has to fucking end
Worth it if only to understand what that role really is. You’ll have a whole new appreciation if/when you go back to the other side, trust
I’ve produced on both sides, definitely a huge difference, I imagine the money could be better as freelance IF you have the right connections and have steady work.
Agencies suck
That’s admirable @producer2 but holding company finance departments and sequential liability don’t give a god damn about your partners. Just try getting your expenses reimbursed in a timely fashion
Depends on your personality and expectations if your the type that likes having a steady pay check and having a staff job then don’t do it. If your looking for a challenge and are willing deal with risk and uncertainty then go for it and it all depends on your priorities.
SP1 speaks the truth!
Code and Theory stiffs it’s vendors so watch out for them...that should be a whole other thread - agencies that don’t even follow through on payments...insane!
@EP2 wow. I wish I had clients like you
Thanks all, this was helpful. For where I’m at now, might make sense to stay Agency as I need a steady check. Once the fiancé is a full fledged doctor, can think about taking more risks/starting a production co. And any production partners I’ve worked with know that I push to get them paid on time. I give the client net zero terms for production and say production will not commence without first payment.
I hear you Editor 1. I get invoices paid well before 120, usually in the first 30 post completion as I have all net zero terms to the client on production dollars. Yes sometimes my agency is slow to pay but they know I stay on them, so they usually release so I get off their back.