Really? Is that a thing? Where I live getting paid per month is the norm. Some people get paid per 4 weeks instead of per month. But I don’t know of any trade where payment per week or twee weeks is the norm.
Stuff like rent, mortgage, water, gas and electric etc. is all done per month. So it makes sense to match the income cycle to the bill cycle.
Puts living paycheck to paycheck in perspective. I can image not getting ends to meet on a monthly basis. But if you can’t afford the next week, you have basically nothing.
I know there is a lot of overhead with payroll where I live, so if companies would have to do it more often, that would be pretty expensive. There are a lot of rules and regulations, so it takes a lot of work to do it right.
Really? Is that a thing? Where I live getting paid per month is the norm. Some people get paid per 4 weeks instead of per month. But I don’t know of any trade where payment per week or twee weeks is the norm. Stuff like rent, mortgage, water, gas and electric etc. is all done per month. So it makes sense to match the income cycle to the bill cycle.
Puts living paycheck to paycheck in perspective. I can image not getting ends to meet on a monthly basis. But if you can’t afford the next week, you have basically nothing.
I know there is a lot of overhead with payroll where I live, so if companies would have to do it more often, that would be pretty expensive. There are a lot of rules and regulations, so it takes a lot of work to do it right.
Weekly payment was quite common in the past, the norm 100 years ago. But it is not anymore.