Author Topic: Hold on to your wallets! "There are irregularities with October's PP royalties" (Read 118370 times)

MarcvsTvllivs · « **Reply #325 on:** February 24, 2014, 17:55 »

Quote from: BK on February 24, 2014, 17:50

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!

bpepz · « **Reply #326 on:** February 24, 2014, 17:56 »

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

Silken Photography · « **Reply #327 on:** February 24, 2014, 17:57 »

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

hjalmeida · « **Reply #328 on:** February 24, 2014, 17:57 »

Quote from: leaf on February 24, 2014, 17:51

.. 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

Sean Locke Photography · « **Reply #329 on:** February 24, 2014, 17:58 »

Quote from: Sean Locke Photography on February 24, 2014, 17:52

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.

cobalt · « **Reply #330 on:** February 24, 2014, 17:59 »

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?

michey · « **Reply #331 on:** February 24, 2014, 17:59 »

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.

ruigsantos · « **Reply #332 on:** February 24, 2014, 17:59 »

Just go the email. I have to pay back $126.12! I'm so f* pissed of! This is unbelievable!

ferdinand · « **Reply #333 on:** February 24, 2014, 18:03 »

- 70 $

Beach Bum · « **Reply #334 on:** February 24, 2014, 18:04 »

So nice of them to split it out over 6 months. Woo Yay!!! The incompetence over there is mind blowing.

Silken Photography · « **Reply #335 on:** February 24, 2014, 18:04 »

Quote from: Sean Locke Photography on February 24, 2014, 17:58

Quote from: Sean Locke Photography on February 24, 2014, 17:52
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 »

Quote from: Sean Locke Photography on February 24, 2014, 17:52

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 · « **Reply #337 on:** February 24, 2014, 18:06 »

$278 for me. Oh well - just keep calm

Steve

michey · « **Reply #338 on:** February 24, 2014, 18:07 »

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 »

Almost $800 for me. #^$%$&#*&^#%.

Harvepino · « **Reply #340 on:** February 24, 2014, 18:10 »

Over Payment Total=$144.60

Monthly Recoup Amount=$24.10

No explanation? Not even apology? Absolutely unacceptable.

iStock... you're fired!!!

jjneff · « **Reply #341 on:** February 24, 2014, 18:15 »

This was no surprise!

ethan · « **Reply #342 on:** February 24, 2014, 18:21 »

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)

Noedelhap · « **Reply #343 on:** February 24, 2014, 18:21 »

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.

jjneff · « **Reply #344 on:** February 24, 2014, 18:26 »

Yuri is exclusive and not on PP

EmberMike · « **Reply #345 on:** February 24, 2014, 18:28 »

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

Julied83 · « **Reply #346 on:** February 24, 2014, 18:31 »

Sales are now so low, and the money taking back it's so awful on istock now ...

marthamarks · « **Reply #347 on:** February 24, 2014, 18:31 »

Quote from: Shelma1 on February 24, 2014, 18:09

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 »

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.

marthamarks · « **Reply #349 on:** February 24, 2014, 18:34 »

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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Author Topic: Hold on to your wallets! "There are irregularities with October's PP royalties" (Read 118370 times)

MarcvsTvllivs

bpepz

Silken Photography

hjalmeida

Sean Locke Photography

cobalt

michey

ruigsantos

ferdinand

Beach Bum

Silken Photography

ShadySue

steheap

michey

Shelma1

Harvepino

jjneff

ethan

Noedelhap

jjneff

EmberMike

Julied83

marthamarks

BK

marthamarks

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