Deferred Pay

The increasing difficulty of finding any kind of employment sometimes leads students on Planet College to consider other sources of finance. Some which have begun appearing with increasing regularity are offers of work for 'deferred pay". This means that you will work now and possibly be paid later. Possibly.

Money is hard to get and even harder to keep. The possibility of additional finances even working now for some money later is alluring.

But if your time energy and talent are worth anything at all they are worth being paid, paid real money, in a timely fashion, a lot closer to Now than Later.

Deferred pay, often contingent upon some payment to the concern that 'hires' you, is not a promising source of funds. Not promising at all.

No matter how 'lean' things are, and right now that is pretty lean, deferred pay will put no money in your pocket now and possibly none ever.

Those ads for 'deferred pay" ? Skip 'em.