||As TopCoder has grown, our ability to effectively manage member payments has become a growing challenge. We recognize that this has caused problems with some member payments, and we are making changes to create a more efficient payment process.
Beginning this month, members will receive one regularly scheduled monthly payment for any and all money earned during the previous month (along with any overdue amounts). This should make the payment schedule more predictable for everyone. Below is the payment schedule for all payments -- including algorithm, design, development and assembly winnings -- for 2007:
Date Earned Date Paid **
January 1-31 February 15, 2007
February 1-28 March 15, 2007
March 1-31 April 16, 2007
April 1-30 May 15, 2007
May 1-31 June 15, 2007
June 1-30 July 16, 2007
July 1-31 August 15, 2007
August 1-31 September 14, 2007
September 1-30 October 15, 2007
October 1-31 November 15, 2007
November 1-30 December 14, 2007
December 1-31 January 15, 2008
** Note: When you actually receive your payment will depend on the payment method you select.
The only exceptions to this schedule are:
* Payments totaling less than $25.00, which will be held until the balance owed reaches $25.00 or more;
* Payments that members request to be held for a certain amount of time (e.g. held for an extra month or two) or until the balance owed reaches a certain dollar amount (e.g. held until the balance is $1,000.00 or greater).
More information on the payment process, requirements, and more is available on the How to Get Paid FAQs: http://www.topcoder.com/tc?module=Static&d1=help&d2=getPaid&node=algo_get_paid.
Be sure to contact me (mylizaTC) regarding all payment questions, balance details and tax forms. You can reach me through firstname.lastname@example.org or through AIM/Yahoo: mylizatc.