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Author Topic: Clawback from iStock- 2nd payments today  (Read 3175 times)

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Goofy

« on: March 27, 2014, 15:32 »
0
Just a heads up iStock did a clawback today thus 2nd out of 6 drawbacks... :-\




« Reply #1 on: March 27, 2014, 15:35 »
+1
They should have just done it all at once.

« Reply #2 on: March 27, 2014, 15:36 »
+7
They should have just done it all at once.

Yes. They're going to keep p1ssing us off every month until midsummer.

« Reply #3 on: March 27, 2014, 15:38 »
0
I guess you could look at it like an interest free loan, do something smart with it until then.  Maybe pick up a few shares of SSTK and hope it's back up by then.
« Last Edit: March 27, 2014, 15:41 by tickstock »

« Reply #4 on: March 27, 2014, 15:42 »
+1
I guess you could look at it like an interest free loan, do something smart with it until then.

I think that would probably require a very forgiving nature. It's not nice to watch your tally crawling up gradually day by day and then see a big chunk of it suddenly lopped off. I'm one of the few who took the point that if our sales didn't qualify for the October cash we should give it back but it still gets my goat when this happens.

Goofy

« Reply #5 on: March 27, 2014, 15:43 »
0
This just isn't  my year! First the Clawback and now I owe the IRS as well!  :-[



« Reply #6 on: March 27, 2014, 16:06 »
0
glad I took a payout last week  ;D

Account Balance:    $-8.08 USD



« Reply #7 on: March 27, 2014, 16:37 »
+3
If I was clawing back, I'd do it in the middle of PP reporting and nobody would see an earnings drop  8)

« Reply #8 on: March 27, 2014, 16:48 »
+1
They should have just done it all at once.

I had them do mine all at once. Just sent CR an email and they were happy to oblige.

« Reply #9 on: March 27, 2014, 18:20 »
+1
I got exactly the same email:

Today at 4:21 PM 
Dear Contributor,

We are sending this notification to inform you that we have made an adjustment to your account in the amount of $-2.47. This is in relation to the notification you received on February 24th regarding the Partner Program recoupment.
This is the second recoupment out of six.

I don't understand how these guys operate. And I wonder about the actual source of the problem.

Noedelhap

  • www.colincramm.com

« Reply #10 on: March 27, 2014, 20:59 »
+14
Something just struck me: when I cashed out the money I received from October's PP, I had to pay currency conversion fees to PayPal (as usual). But if Istock hadn't made that error, I wouldn't have made that extra cash-out, thus I wouldn't have paid those fees. So actually, Istock owes me the unnecessary costs I made because of their accounting error.

« Reply #11 on: March 27, 2014, 21:05 »
+1
Something just struck me: when I cashed out the money I received from October's PP, I had to pay currency conversion fees to PayPal (as usual). But if Istock hadn't made that error, I wouldn't have made that extra cash-out, thus I wouldn't have paid those fees. So actually, Istock owes me the unnecessary costs I made because of their accounting error.

yeah, not their money!

Goofy

« Reply #12 on: March 27, 2014, 21:40 »
+3
Something just struck me: when I cashed out the money I received from October's PP, I had to pay currency conversion fees to PayPal (as usual). But if Istock hadn't made that error, I wouldn't have made that extra cash-out, thus I wouldn't have paid those fees. So actually, Istock owes me the unnecessary costs I made because of their accounting error.

Good Luck with That...

lisafx

« Reply #13 on: March 27, 2014, 23:08 »
0
If I was clawing back, I'd do it in the middle of PP reporting and nobody would see an earnings drop  8)

Yes, the last clawback was timed right around PP reporting, so didn't hurt as much.  I always request earnings on Friday, and this clawback wiped out my whole week's earnings.  I can't even put in a request tomorrow. 

I wish they had just gotten it over-with too. One of my occasional +1's for Tickstock.  ;)
« Last Edit: March 27, 2014, 23:14 by lisafx »

lisafx

« Reply #14 on: March 27, 2014, 23:12 »
0
They should have just done it all at once.

I had them do mine all at once. Just sent CR an email and they were happy to oblige.

Interesting.  Maybe if I do well on the PP for March I will make the same request. 

Did they send you a notice or receipt so you can prove they removed  all the money owed so there is no chance more will be taken in the future?

Ron

« Reply #15 on: March 28, 2014, 02:48 »
+1
.... so there is no chance more will be taken in the future?

I wouldnt count on it :)

« Reply #16 on: March 28, 2014, 06:01 »
+1
glad I took a payout last week  ;D

Account Balance:    $-8.08 USD

Since the clawback payment last night my 'Account Balance' has completely disappeared from my Macbook screen. I'm sure it would be negative but there are no numbers whatsoever being displayed. To check my stat's I have to go to My Account/Profile.

« Reply #17 on: March 28, 2014, 06:10 »
0
glad I took a payout last week  ;D

Account Balance:    $-8.08 USD

Since the clawback payment last night my 'Account Balance' has completely disappeared from my Macbook screen. I'm sure it would be negative but there are no numbers whatsoever being displayed. To check my stat's I have to go to My Account/Profile.

yeah same here, guess you mean Financials

Noedelhap

  • www.colincramm.com

« Reply #18 on: March 28, 2014, 21:05 »
0
glad I took a payout last week  ;D

Account Balance:    $-8.08 USD

Since the clawback payment last night my 'Account Balance' has completely disappeared from my Macbook screen. I'm sure it would be negative but there are no numbers whatsoever being displayed. To check my stat's I have to go to My Account/Profile.


That's normal. it does disappear when it goes negative. When it passes the 0 again, it'll reappear.

« Reply #19 on: March 28, 2014, 21:50 »
0
Does anyone know if the stats showing for sept and oct 13 are the corrected ones or the ones before the clawback? In other words do I need to subtract the clawback numbers from what is showing. Also any idea how to figure out what is clawed back in Sept and what is in Oct?

stockphotoeurope

« Reply #20 on: March 29, 2014, 03:06 »
0
Does anyone know if the stats showing for sept and oct 13 are the corrected ones or the ones before the clawback? In other words do I need to subtract the clawback numbers from what is showing.

Mine didn't change, i.e. you have to subtract.

Quote
Also any idea how to figure out what is clawed back in Sept and what is in Oct?

No idea, but they said somewhere that it's mainly October, while September is only slighly affected. My stats seem to support this fact.

« Reply #21 on: March 29, 2014, 07:11 »
0
Not even an email for me this time....Just scooped out $17 with their mucky little fingers.


 

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