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Author Topic: Hold on to your wallets! "There are irregularities with October's PP royalties"  (Read 56979 times)

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« Reply #325 on: February 24, 2014, 17:55 »
+1
I just got an email saying they are clawing back my $37 in over payment. So much for the $50 cutoff. Hard to believe there are communication issues with IS.

And I was just about to gripe that I was *just* over the limit... well, thanks for making me feel better!


« Reply #326 on: February 24, 2014, 17:56 »
0
    
Partner Program Recoupment Notification
Hello rez-art,

We discovered that there were some irregularities with September 2013 and October 2013 Partner Program royalties payments. There were a number of contributor accounts that were overpaid royalties over these two months. Unfortunately your account was one of the affected accounts.

We have calculated the over payment amount to be $113.46. Rather than take this amount out of your royalty balance in one adjustment we have decided to schedule the removal of these funds over a 6 month period. Starting before the end of February 2014 we will begin removing $18.91. Once per month for the next six months we will recoup the balance of the over payment. You will receive a monthly notification as immediately after the funds are removed.

Over Payment Total=$113.46

Monthly Recoup Amount=$18.91

If you have any questions please contact us via our Contributor Relations Contact Ticket feature.

Regards,
iStockphoto LP

« Reply #327 on: February 24, 2014, 17:57 »
+4
The "amounts under $50" is just not true.  They're clawing back a whopping $16.02 off me.

Quote
We have calculated the over payment amount to be $16.02. Rather than take this amount out of your royalty balance in one adjustment we have decided to schedule the removal of these funds over a 6 month period. Starting before the end of February 2014 we will begin removing $2.67. Once per month for the next six months we will recoup the balance of the over payment. You will receive a monthly notification as immediately after the funds are removed.

Over Payment Total=$16.02

Monthly Recoup Amount=$2.67

I feel for those of you with more significant amounts though  :(




« Reply #328 on: February 24, 2014, 17:57 »
0
.. sigh...

Quote
Hello leaf,

We discovered that there were some irregularities with September 2013 and October 2013 Partner Program royalties payments. There were a number of contributor accounts that were overpaid royalties over these two months. Unfortunately your account was one of the affected accounts.

We have calculated the over payment amount to be $416.10. Rather than take this amount out of your royalty balance in one adjustment we have decided to schedule the removal of these funds over a 6 month period. Starting before the end of February 2014 we will begin removing $69.35. Once per month for the next six months we will recoup the balance of the over payment. You will receive a monthly notification as immediately after the funds are removed.

Over Payment Total=$416.10

Monthly Recoup Amount=$69.35

If you have any questions please contact us via our Contributor Relations Contact Ticket feature.

Regards,
iStockphoto LP

almost the same as you ... how do we audit this guys

« Reply #329 on: February 24, 2014, 17:58 »
0
Everyone should ask why the under $50 recipients get a free $50, and the rest don't.  If they are going to drop the amounts by $50, it should be across the board.

Whoops, it was only a free $10 for those folks, according to latest post.

« Reply #330 on: February 24, 2014, 17:59 »
+2
under 10 dollars, not under 50. but still do i get 10 dollars free as well or are they taking the full amount?

people are reporting refunds over 1100 dollars...how on earth did nobody notice it before?

« Reply #331 on: February 24, 2014, 17:59 »
+5
Are the * crazy? During November-December 2013 i earned  160$ less than other months and  now they want  more than 140$. Are they * kidding? this is not funny, they are a only bunch of legalized scammers.
« Last Edit: February 24, 2014, 18:05 by michey »

« Reply #332 on: February 24, 2014, 17:59 »
+2
Just go the email. I have to pay back $126.12! I'm so f* pissed of! This is unbelievable!

« Reply #333 on: February 24, 2014, 18:03 »
0


- 70 $
« Last Edit: February 24, 2014, 18:51 by ferdinand »

« Reply #334 on: February 24, 2014, 18:04 »
+1
So nice of them to split it out over 6 months.  Woo Yay!!!  The incompetence over there is mind blowing. 

« Reply #335 on: February 24, 2014, 18:04 »
+3
Everyone should ask why the under $50 recipients get a free $50, and the rest don't.  If they are going to drop the amounts by $50, it should be across the board.

Whoops, it was only a free $10 for those folks, according to latest post.

10... 50... 1... 5... ah whatever, they're only numbers, right?  Right??

And people wonder how this happened in the first place.

ShadySue

« Reply #336 on: February 24, 2014, 18:06 »
+1
Everyone should ask why the under $50 recipients get a free $50, and the rest don't.  If they are going to drop the amounts by $50, it should be across the board.
BK (above) said he was  getting $37 clawed back - so does that mean s/he was actually $87 over, or is it a mistake and they don't realise that $37 is under $50.

Oh, I see there are some posts about this over there, so we'll see what answer they give.
Why can't the explain everything in a oner? Why do they make a part-announcement, forcing people to ask basic questions then give the details (or at least as much of the detail as they choose to give)?

Ooops, Sean, I missed that you'd already posted Lobo's correction, $10, not $50.
!!!
Sorry for all those affected.   :( >:(

steheap

  • Author of best selling "Get Started in Stock"

« Reply #337 on: February 24, 2014, 18:06 »
+2
$278 for me. Oh well - just keep calm

Steve

« Reply #338 on: February 24, 2014, 18:07 »
+8
They can't told us only "you have to refund us". I want a * detailed explanation with every detail, every partner involved with this, it's to easy to say we had problems last years now we want YOUR money back!

Shelma1

« Reply #339 on: February 24, 2014, 18:09 »
+4
Almost $800 for me. #^$%$&#*&^#%.

Harvepino

« Reply #340 on: February 24, 2014, 18:10 »
+6
Over Payment Total=$144.60

Monthly Recoup Amount=$24.10

No explanation? Not even apology? Absolutely unacceptable.  >:( iStock... you're fired!!!

« Reply #341 on: February 24, 2014, 18:15 »
+2
This was no surprise!

ethan

« Reply #342 on: February 24, 2014, 18:21 »
+2
Gotta feel sorry for monkeybusinessimages and Yuri, I doubt we'll ever know what they had to pay back.

......unless of course they cut a deal  :)

I stand corrected (thx jjneff)  :)
« Last Edit: February 24, 2014, 18:29 by ethan »

Noedelhap

  • www.colincramm.com

« Reply #343 on: February 24, 2014, 18:21 »
+4
It was much more than I had expected. "We discovered that there were some irregularities" is a big understatement. And indeed, not even an apology? Unbelievable. Not only because they actually screwed up, but also because we apparently can't expect much more in terms of PP sales.

« Reply #344 on: February 24, 2014, 18:26 »
+2
Yuri is exclusive and not on PP

EmberMike

« Reply #345 on: February 24, 2014, 18:28 »
+6

Kind of wish they'd just take it all in one shot so I don't get a monthly reminder of this fiasco.

« Reply #346 on: February 24, 2014, 18:31 »
+2
Sales are now so low, and the money taking back it's so awful on istock now ...  >:(

« Reply #347 on: February 24, 2014, 18:31 »
+3
Almost $800 for me. #^$%$&#*&^#%.

Wow, Michele, that's a major bummer. Hard to believe, actually.

I'm so sorry.

BK

« Reply #348 on: February 24, 2014, 18:32 »
+9
My monthly recoupment amount times 6 equals my total recoupment amount. I can't believe they got the calculation right. That must be what took so long.  ;)

« Reply #349 on: February 24, 2014, 18:34 »
+5
As one who bailed out of iStock in 2011, thank God, I can only remind you guys: You do this for the love of it, remember? Not for the money, right?


 

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