WE have beeen working for FAS for about 2 yrs and generally its been fairly good until the last few months. About december of 2011 we started so see our checks being delayed.Just a brief summary of how they pay,work you completed this week ,you would receive payment in about 4 weeks(30 days).
Industry standard. This past week they elimated more than half of there contractors/vendors nation wide.Most of these were not contacted but found out when there work was reassigned( no explaintain given).Then when checks where to be issued(30 days after completion).They decided to with hold payment for an additional 30 days.With some investigation and contacting some of the employees at FAS.The consenus is that FAS is in financial trouble.
Monetary Loss: $15.