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Economy => Economics => Topic started by: Rruchi man on February 02, 2023, 10:22:29 AM



Title: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Rruchi man on February 02, 2023, 10:22:29 AM
There are two categories of people when it comes to the choice of when to receive payment for work. There is the category that prefers it be paid weekly so they can off set bills as they come so they do not become a burden, while there is the category that prefers it monthly so they can plan well for the month.

If employers put out the option before you to either to be paid weekly or monthly for your job, which will you prefer? Please give reasons asides the ones I have stated to support your answer.



Would you prefer to be a contract staff for a company that is being paid a certain percentage for every job delivered, or would you prefer a job with a fixed monthly or weekly income? (Give a reason for your answer aside the reason that will be stated)

With percentage earnings, you can earn more and you will be very motivated to work, but the disadvantage will be when there is no job.
With Fixed earnings, you are sure of what to receive, but sometimes the workload you may encounter may be so much that the salary you are paid does not befit the work you put in.




Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Lucius on February 02, 2023, 11:25:30 AM
In my environment, people mostly work for a fixed monthly salary, which can be increased if they work on Sundays, holidays or at night, and I think that most people still prefer that way of payment. Maybe in some industries weekly salary payments make sense, but in most cases it just creates additional work for the administration, because it is much easier to calculate the salary once a month than every week.

I also know that there are companies that, although they pay a fixed monthly salary, also motivate their employees with additional bonuses in the form of a percentage of sales. In this way, people who work in direct sales are motivated to try to sell as much as possible, because in addition to a regular salary, they can also expect additional earnings.

I would therefore always opt for a fixed payment because it still provides much greater financial security, and I know a lot of people who do something extra in addition to their job, so sometimes you can get the best of both payment methods.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Synchronice on February 02, 2023, 11:40:01 AM
There are two categories of people when it comes to the choice of when to receive payment for work. There is the category that prefers it be paid weekly so they can off set bills as they come so they do not become a burden, while there is the category that prefers it monthly so they can plan well for the month.

If employers put out the option before you to either to be paid weekly or monthly for your job, which will you prefer? Please give reasons asides the ones I have stated to support your answer.
I prefer weekly payments, simply because I love early access on my money but most people prefer monthly payments and believe the reason behind it for majority is that they don't have good self-control and once they get money, they spend it immediately on entertainment, including clubs, drinks, clothes, restaurants, expensive food, etc.
Because of lack of self-control, people prefer monthly salary, it also makes them happy when they see big numbers wholly deposited on their bank account.

Would you prefer to be a contract staff for a company that is being paid a certain percentage for every job delivered, or would you prefer a job with a fixed monthly or weekly income? (Give a reason for your answer aside the reason that will be stated)

With percentage earnings, you can earn more and you will be very motivated to work, but the disadvantage will be when there is no job.
With Fixed earnings, you are sure of what to receive, but sometimes the workload you may encounter may be so much that the salary you are paid does not befit the work you put in.

Depends on company and type of job. There are companies where you work less and get pretty good fixed salary and there are companies where you work a lot and don't earn too much.
For example, if you work in a tech store in a location where people rarely shop, you may prefer fixed salary but if you work in a location where a lot of people come, then commissions from sold items would generate much higher salary.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: lovesmayfamilis on February 02, 2023, 11:55:40 AM

I also know that there are companies that, although they pay a fixed monthly salary, also motivate their employees with additional bonuses in the form of a percentage of sales. In this way, people who work in direct sales are motivated to try to sell as much as possible, because in addition to a regular salary, they can also expect additional earnings.



Yes, I worked in the field of sales, where there is a guaranteed payment, and it is much less than the percentage that the boss determines after successful purchases. It's really motivating. Just a guaranteed payment, which implies that you can do nothing, in theory, in the absence of buyers, and you will still not be left without money, is not so calming anymore, and there is always a desire to work better, call and invite customers, and engage in full product advertising.
In addition, with a successful sale, there is also a moment of tipping, with which good and generous customers very often thank sales managers.
Therefore, a fixed salary is nice for me, but it must be accompanied by good bonuses.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Wexnident on February 02, 2023, 11:59:25 AM
Monthly. It's just something I'm used to I guess? And it also helps in setting up the general payments all at once in one sitting, compared to setting it up weekly. It's also the default method most companies use for paying their employees, so I pretty much got used to it already. Even with my signature campaign, I usually let it pile up and then only use it properly every month (though I do forget it sometimes and go past a few weeks).

As for percentage vs fixed, I guess it depends on the job, but I'm more into fixed salary, it's much more stable after all. Though if more instances were to happen where the salary isn't worth the amount of work you'd put in most of the time, either get a raise or just leave and find a better job.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Coin_trader on February 02, 2023, 12:21:12 PM
When I’m a new employee without a family that needs to feed, I preferred the monthly salary because I can save all my money by limiting myself from expenses because I’m always tempted to buy things even if I didn’t need it when I see a sale on the mall. But this kind of thinking was changed when I have wife and kids because I think for my family first and I need money to sustain my family daily necessities including bills so I want to get my salary as much as possible. I believe preferences on salary will varies based on our priorities in life.

As for the salary type. I preferred the percentage earning due to the nature of my work. My work is worth millions of dollars for the company but the company only paid me a fixed amount which is not even close to 0.01% percentage of my work value. Only sales job here has the feature of percentage base salary and the rest was fixed salary type. Sadly.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: hyudien on February 02, 2023, 12:26:55 PM
Monthly or weekly salary is actually the same, the difference is when we receive our salary, of course. lol.
So here we are actually being tested about our financial management, after all, if you talk about the nominal between weekly and monthly salaries, it's the same, isn't it? unless the weekly salary is greater than the monthly salary, or vice versa, we definitely prefer whichever is the largest. What is needed here once again I say is financial management, we must be good at managing our expenses every day, week and even every month.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: DanWalker on February 02, 2023, 12:29:45 PM


If employers put out the option before you to either to be paid weekly or monthly for your job, which will you prefer? Please give reasons asides the ones I have stated to support your answer.
Honestly, I hardly care about the salary that will be paid weekly or monthly. What I care about is how much they pay me when I work with them, and the payment cannot be delayed. Receiving a weekly or monthly salary, it is not so important because we will have appropriate adjustments and plans.



Would you prefer to be a contract staff for a company that is being paid a certain percentage for every job delivered, or would you prefer a job with a fixed monthly or weekly income? (Give a reason for your answer aside the reason that will be stated)

I prefer working with a fixed monthly salary rather than a commission-based one. Because I like a job that is not too stressful and has a stable income so that I have more time to look for other opportunities for myself, such as investment.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Taskford on February 02, 2023, 12:36:49 PM
There are two categories of people when it comes to the choice of when to receive payment for work. There is the category that prefers it be paid weekly so they can off set bills as they come so they do not become a burden, while there is the category that prefers it monthly so they can plan well for the month.

If employers put out the option before you to either to be paid weekly or monthly for your job, which will you prefer? Please give reasons asides the ones I have stated to support your answer.



Would you prefer to be a contract staff for a company that is being paid a certain percentage for every job delivered, or would you prefer a job with a fixed monthly or weekly income? (Give a reason for your answer aside the reason that will be stated)

With percentage earnings, you can earn more and you will be very motivated to work, but the disadvantage will be when there is no job.
With Fixed earnings, you are sure of what to receive, but sometimes the workload you may encounter may be so much that the salary you are paid does not befit the work you put in.




Its rare to find weekly fixed salary especially when you are dealing with traditional jobs since most of those companies pay fixed monthly payments to their workers.

But for me I would like to get weekly percentage pays because the earnings we can get will depends on the effort we put on the job since the more task we can do the huge the earnings we can get compare to fix salaries where even if we do all out efforts to the job the payments still the same.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: avikz on February 02, 2023, 12:53:59 PM

Would you prefer to be a contract staff for a company that is being paid a certain percentage for every job delivered, or would you prefer a job with a fixed monthly or weekly income? (Give a reason for your answer aside the reason that will be stated)

I will prefer a fixed job with a fixed salary over contractual opportunities. The reason is very simple as I have experienced it myself.

I had worked as a contractual staff for 2 years. The main reason why I don't like it because no banks will offer loan to a contractual employee unless you are able to find a guarantor. Banks even deny secured loans like housing loan. I have experienced this myself. Things may be different in different countries.

We still need the support from banks to buy any high value things like home or car. In my country, these are not available for a contractual employee. That's my reason!


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: xSkylarx on February 02, 2023, 01:07:02 PM
There are two categories of people when it comes to the choice of when to receive payment for work. There is the category that prefers it be paid weekly so they can off set bills as they come so they do not become a burden, while there is the category that prefers it monthly so they can plan well for the month.

If employers put out the option before you to either to be paid weekly or monthly for your job, which will you prefer? Please give reasons asides the ones I have stated to support your answer.


Weekly payments from work are very rare right now, but I think most people want this, as we want money right away. Imagine you can receive it on a weekly basis, but I don't like being paid weekly; I prefer being paid every half of the month or a month long because you can save money and receive a big amount. Unlike on a weekly basis, on a monthly basis, you can really purchase things that you need using your bigger amount. I have also tried being paid every 15 days, which was also good, but the problem with this is how you will budget it with bills since it is not enough, so usually your end-of-month salary will be used for bills.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Spaceman1000$ on February 02, 2023, 01:19:53 PM
I think I will be going for a weekly pay, because my bills comes in everyday, from the transport, electricity, food, internet service and miscellaneous expenditure all comes in on a daily basis.

so weekly payment will help me plan and strategize myself on how to foot my bills on a weekly basis and keep up with my savings as against compounding them to 31 days which I believe as parents, it will be difficult to keep up with the day to day running of the family because wanting to wait till the end of 31 days before getting paid will leave you lagging behind with your bills.

 sometimes because of the lengthy days, you must have borrowed from a friend to keep up with a sudden need, and that will make you struggle to keep up with a lot of things.

In terms of the job preference, I think I will go for a job with a fixed monthly or weekly income because it will help determined the scale of things I can budget for myself on a weekly or monthly basis.

If the work load is too much, at the long run I will apply for increase in wage.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: AverageGlabella on February 02, 2023, 01:25:15 PM
Weekly pay is always preferred because you can manage your expenses better and there is no chance of missing a payment because you get paid at the end of the month. Most companies like to pay monthly because its a reduction on the workload and expenses of their accountant. Most bills are converting to monthly because of this but I remember years ago it was always weekly pay and you always looked forward to pay day and would use that to go out. These days you have to manage your money more closely because you have to wait for the end of the month and then plan next months expenses to make sure you do not use all your money. Luckily I am past that stage in my life but I would hate to have monthly payments.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Hydrogen on February 02, 2023, 01:31:24 PM

With percentage earnings, you can earn more and you will be very motivated to work, but the disadvantage will be when there is no job.
With Fixed earnings, you are sure of what to receive, but sometimes the workload you may encounter may be so much that the salary you are paid does not befit the work you put in.



An example of percentage earnings, would be commissions in sales. Unfortunately percentage based earnings are not inflation or recession protected assets. Rising fossil fuel, food costs and inflation can quickly diminish disposable income. Which results in decreasing sales across the board. Decreasing sales correlate with decreasing commissions. Making percentage based earnings less desirable under inflation and recession conditions.

Fixed earnings would probably be the more stable and high demand wage model for inflation and recession conditions. Sales, disposable income and consumer markets would likely plummet during this time. Which could make fixed earnings the better salary model for most.

Of course there are exceptions to this. Luxury items and markets catering to the wealthy would not be as affected by inflation or recession. Commission based sales in those markets could still remain viable.

Personally, I would rather be paid weekly than monthly. I'm not certain anyone would prefer to be paid on a monthly basis. Although I would be curious to know their reasons for it, if it were the case.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Erumo on February 02, 2023, 02:21:36 PM
I haven never had weekly paid job. I have only experienced monthly pay and piecework. I prefer monthly pay. That is more convenient. We have monthly utility bills, usually monthly subscriptions and etc. With weekly pay, I find it more difficult to follow expenses, savings, planning with such payment graphs. I find it easier to spend all your money when you are paid weekly. Coz after all expenses are done, you end with a smaller amount, then with monthly payment minus expenses. Easier to take a decision to spend if you have 50 dollars left and few days before next pay, comparing when you have 1500 dollars and 3 more weeks until pay.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Yatsan on February 02, 2023, 03:02:19 PM
A weekly paid job would be more sustainable and would be more reliable with stability of one's daily living. Monthly is what's common but often yields to the employee not being able to save because throughout the month, money is being consumed not unlike with weekly wherein an individual could save on every cut off for future purposes. In terms of fixed or percentage payment, I'd also stick with fixed one. But if is regarding bigger salary? Ofcourse percentage basis would make sky, the limit. Problem is to exert extra effort to generate bigger salary because it would be somehow an output based. If you won't have something to present then don't expect for a high return.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Yogee on February 02, 2023, 03:24:45 PM
I don't really see the point of others about spending or saving money on a weekly or a monthly basis. How you'll manage your expenses will be the same no matter the method of payment.

I prefer weekly payment as a matter of protection from potential losses. I mean you'll have an idea sooner whether you will get or not when you're on a weekly payroll compared to those getting monthly. This option is particularly good for service contractors.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: sana54210 on February 02, 2023, 03:29:03 PM
If employers put out the option before you to either to be paid weekly or monthly for your job, which will you prefer? Please give reasons asides the ones I have stated to support your answer.
In my country and tradition, low profile workers do get paid daily and higher-end executives do fix the salary per annum basis and will get paid monthly. Weekly salary is not in use here.

If an employer is ready to pay me weekly and monthly then I am glad to get weekly salary on every week and monthly salary on every month, I will not have any objection.... lol; just kidding. When my bills are monthly basis, then I guess I should opt for monthly salary. I guess there is no commitment in my country for weekly so no weekly paying jobs as well but here fortunately bitcointalk campaigns are paying weekly basis (there were campaigns paid fortnight and monthly as well).


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: alastantiger on February 02, 2023, 03:31:22 PM
Monthly pay please. Things are too tough and difficulty to right now to choose weekly pay that may not be consistent. I can't deal with that. Especially when you have dependents. Monthly pay, you are sure at it comes in come rainfall or sunshine and one may actually have the opportunity to do some side gigs. This is not the case with weekly pay that may consume your time and energy and give you no room to do other things. It is too risky in my opinion.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Rikafip on February 02, 2023, 03:50:10 PM
Things are too tough and difficulty to right now to choose weekly pay that may not be consistent. I can't deal with that. Especially when you have dependents. Monthly pay, you are sure at it comes in come rainfall or sunshine and one may actually have the opportunity to do some side gigs. This is not the case with weekly pay that may consume your time and energy and give you no room to do other things. It is too risky in my opinion.
Why would weekly pay be less reliable and consistent than a monthly pay and consume more energy? As long as you have a secure job, it shouldn't matter to your employed whether they send you the salary salary on the weekly, bi-weekly or a monthly basis.

Having said that, in my country monthly pay is a standard and since I got used to plan my expenditures that way, I wouldn't like to change it to a different schedule. And I prefer a fixed salary simply due stability. One thing I would like to see different though is if people in my country are aware of their gross salary because everyone here speaks only in net terms, just because so they know how much government acvtually takes from them.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Zaguru12 on February 02, 2023, 04:01:54 PM
If employers put out the option before you to either to be paid weekly or monthly for your job, which will you prefer? Please give reasons asides the ones I have stated to support your answer.

I preferred to be paid monthly because it provides me the opportunity to save more and be disciplined on spending. The weekly wages makes someone like me to spend with the mindset that I would get paid the next week. But with monthly salary I sure know i would have to take care of some bills and if they don’t get taken care of it might be till next month.


Would you prefer to be a contract staff for a company that is being paid a certain percentage for every job delivered, or would you prefer a job with a fixed monthly or weekly income? (Give a reason for your answer aside the reason that will be stated)


Definitely a fixed salary is what I would prefer. It kind of self because even if the company runs into some loss I still get paid. I see people here talking about percentage payments, the problem with percentage payments is don’t know what next you’re getting paid. Sometimes one must have spend equivalent to the previous month or week Payment is only to be payed less. The advantage of percentage payment is the overtime payment that comes with it but there is also some bonuses that fixed payments enjoy also


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: KupaCrypto on February 02, 2023, 08:17:55 PM
Monthly pay please. Things are too tough and difficulty to right now to choose weekly pay that may not be consistent. I can't deal with that. Especially when you have dependents. Monthly pay, you are sure at it comes in come rainfall or sunshine and one may actually have the opportunity to do some side gigs. This is not the case with weekly pay that may consume your time and energy and give you no room to do other things. It is too risky in my opinion.
Weekly pay or monthly the two is the same because if it's weekly pay they will divide what you are meant to earn a month and give you and if it's monthly they will keep what  they are meant to give you weekly for four weeks and give you, but weekly you can't really have a saving from weekly because it will not be enough for what you Wana use it fo, but for monthly you can actually save some parts of it and do other things.
It's also depends on the individual whether weekly or monthly or annually if you did not make wise use of the money you won't achieve anything from it.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Cryptomultiplier on February 02, 2023, 08:44:59 PM
As regards monthly or weekly pay, I do believe it depends on an individual. The discipline is what counts. To save a fraction is the goal, it shouldn't matter if it is done weekly or monthly.  If you can save some part till the end of the month, it is even more economically beneficial than waiting to be paid at months end and try to save.  Where the beauty of salary pay is seen is when bonuses in form of HMO, wardrobe/car/house allowances and profit sharing is added at months ends.

On the other hand, working and earning by percentage is one sure way to double income as you earn as your energy carries, but when there is illness or fatigue it might be difficult to meet up. Whereas, fixed pay is fixed. It is what is always been, despite the workload being too heavy or too light.

I don't really care how an income is earned right now, as long as it is earned and I am not bothered or stressed to breaking point while working to earn.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Fatunad on February 02, 2023, 08:49:03 PM
If i do ever had the option then i would go with bi-weekly or weekly on which it is true that you might be getting less or in fraction of your salary but we know that we do have different situations in life which we might
need up some money on that particular point.We do have different due dates when it comes to bills and other payments which it would be entirely be messed up if you do receive your salary on monthly basis.
So this is situational because some preferred weekly and some preferred monthly to recieve a huge amount.For type of job then it would be preferring on fix rather than on having
contracts or whatsoeve, yes it does give out big potential profit or income but its not always that stable.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Davidvictorson on February 02, 2023, 09:26:42 PM
Between weekly pay and monthly pay the one I prefer is weekly pay. Multipay makes you weak and  lazy but weekly pay makes the blood run in vein. You're always up and going you have no time to feel unmotivated all demoralised. Your mind is always on the next tax on the next gig on the next hustle. And here you know that what you work for is what you get paid for. I like it especially as a young person who has the energy.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Captain Corporate on February 02, 2023, 09:34:52 PM
I used to get paid weekly, and it was not as good as monthly, because with monthly you get a whole together money and you can calculate how much you should be spending that month, whereas with weekly, you could spend your weekly amount to survive, but its always a tricky situation to calculate the bills and unexpected ones. Fixed is also a lot better, because that way I know what I am going to earn, and that way I could make calculations based on how much money I should be spending, otherwise it becomes a tough situation and I rarely could calculate the percentage I will be getting, too much risk.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: bhooscream on February 02, 2023, 09:37:35 PM
There are two categories of people when it comes to the choice of when to receive payment for work. There is the category that prefers it be paid weekly so they can off set bills as they come so they do not become a burden, while there is the category that prefers it monthly so they can plan well for the month.
With my current condition, I prefer to choose fixed payment. I ma not working in the companies with the target. A fixed salary for monthly is fair enough for me right now because at least I have the wage to fulfill my needs. Btw, the need for salary will probably change in the future. But now, I really prefer the fixed salary, except that the option is for the side-job, I will possibly choose the percentage to earn more money. The fact is that before deciding on the percentage payment, I think we need to consider how profitable the percentage, is and how to develop the business so we will not regret taking the percentage payment.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: SatoPrincess on February 02, 2023, 10:38:02 PM
I run my own business so it’s a profit and loss game for me. If I were to be an employee, a monthly salary would be preferable. The most important thing is the bonuses attached to the job, many people make the mistake of not asking for these bonuses or negotiating their salaries before accepting a role in a company. Some employees don’t even ask for sign-on bonuses, they only ask about base pay. I think it is important to know the salary range people in similar roles receive and negotiate your salary accordingly.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: dothebeats on February 02, 2023, 11:03:23 PM
I'm currently on a monthly salary setup and IMO, it's way better than being on a weekly pay setup because you are somewhat forced to be on a budget and you really need to plan your finances if you don't want to go bust. It taught me how to save and how to allocate my money on things that I need. Also, a fixed income for me is favorable because I'm not really a performer in sales nor anything that requires me to meet quotas. I just do my job and that's it. Bonuses are welcome but I don't usually chase them. I'm fine with my salary and it helps me pay the bills and live extremely comfortable.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Sexylizzy2813 on February 03, 2023, 01:47:08 AM
To be frank with you I prefer being paid monthly. Being paid weekly the chances of spending more is high because you just have to wait another week to get paid that's to say you spend more than you save, so your pay cheque is that useful to you, is all about spending.
Whenever you're being paid weekly,it only takes one to be discipline to save for a whole month to be able to pay some certain bills.Once you get your monthly pay, you can immediately save money for the bills to come and you can live with the money you have left.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: ethereumhunter on February 03, 2023, 02:12:27 AM
I would choose weekly over monthly because as you said, we can pay bills as they come so they don't become a burden and we think about or allocate our next paycheck for other things.

Being a contract staff or choosing a job with a fixed monthly or weekly income is the same because we both get paid. But it's better if you can get a permanent job that is paid weekly or monthly but it's very rare if you can get a permanent job because most companies nowadays prefer to hire workers with a contract system. After all, according to them, the salary can be cheaper than for regular workers.

With a steady income, we can get a salary, whether it's weekly or monthly. As for the workload, I think it depends on the company and if you really want the job, you should do well.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: bitzizzix on February 03, 2023, 02:41:27 AM
It all boils down to discipline and consistency in receiving a weekly or monthly salary, and spending money may not be a problem.
and the main problem is that receiving a weekly salary tends to run out immediately because we tend to think that money is easy to come by, because we will think that next week we will also get another salary.
and unknowingly this can make all financial plans only limited to writing on paper, and all return to their individual tastes and conditions.
and I personally prefer a monthly salary and that's what I've received so far, because monthly I can manage it well because I receive a salary with a larger amount of money. I can set aside money for several needs for a month, including saving and investing, and I will use the rest as efficiently as possible because waiting another month will make me disciplined and consistent in managing my finances so that I have enough.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: bestcoins1 on February 03, 2023, 02:55:28 AM
To be frank with you I prefer being paid monthly. Being paid weekly the chances of spending more is high because you just have to wait another week to get paid that's to say you spend more than you save, so your pay cheque is that useful to you, is all about spending.
Whenever you're being paid weekly,it only takes one to be discipline to save for a whole month to be able to pay some certain bills.Once you get your monthly pay, you can immediately save money for the bills to come and you can live with the money you have left.
The essence of this is to be smarter in managing existing finances through the income earned. Actually, the weekly salary and monthly salary are not much different for everyone when they both save, but for those who get a monthly salary, of course it will be a little difficult when preparing money to be used on a daily basis with what will be saved every month.

Meanwhile, for those who get a weekly salary, it is actually very easy to manage expenses and save every month because of the four weeks in one month. A person can use his salary received for two weeks for a month's needs and his salary for another two weeks can be saved for urgent needs when he is sick or has an unexpected disaster.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Plaguedeath on February 03, 2023, 05:21:49 AM
Weekly payment is tricky because if you not working for 2 days your payment is only 4 days worth, considering if your company work for 6 from 7 days.

Monthly payment might become the best choice for majority of workers because they feel safe and they will get bonus at new year and other bonuses since they are permanent workers.

Percentage earning mostly work for sales or marketing because the company don't care what the marketing do, all the company know is how much their product have been sold and other financial related.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: adaseb on February 03, 2023, 05:25:15 AM
I don’t think anyone gets paid weekly or monthly. One is way too frequent and would be a pain for accounting. And monthly would just be way too long especially for people who are living paycheck to paycheck. Most places pay you biweekly or twice a month.

Most people prefer actual fixed pay and not performance pay. Usually some jobs pay a min wage and then you get commission on top. However for stability reasons most would prefer to get paid a stable monthly wage than a salary that varies.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Nwada001 on February 03, 2023, 08:14:58 AM
Almost everyone who works for a company prefers to be paid weekly, with the pay calculated based on the energy and time spent in the company per day. Weekly pay allows one to see how serious and hardworking he or she has been for that week and if more efforts are required to earn more. Pay-as-you-go work appeals to me; whatever I work out for the day, calculate and give it to me; if daily is not feasible, calculate and pay me weekly, since I also have other things to do. Doing monthly pay is really a bad idea because I might skip work most of the time, and for the times when I will be present, I might also cover up things that I should have covered for the days that I am absent, which the company might not think of that way since it's a monthly pay job and every time you miss work, a deduction will be made from your salary. In conclusion, I preferred being paid weekly, and the goal is to have some cash and savings at the end of the day.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Leviathan.007 on February 03, 2023, 04:41:01 PM
There are two categories of people when it comes to the choice of when to receive payment for work. There is the category that prefers it be paid weekly so they can off set bills as they come so they do not become a burden, while there is the category that prefers it monthly so they can plan well for the month.

If employers put out the option before you to either to be paid weekly or monthly for your job, which will you prefer? Please give reasons asides the ones I have stated to support your answer.



Would you prefer to be a contract staff for a company that is being paid a certain percentage for every job delivered, or would you prefer a job with a fixed monthly or weekly income? (Give a reason for your answer aside the reason that will be stated)

With percentage earnings, you can earn more and you will be very motivated to work, but the disadvantage will be when there is no job.
With Fixed earnings, you are sure of what to receive, but sometimes the workload you may encounter may be so much that the salary you are paid does not befit the work you put in.




It all depends on how the individual wants to manage his money and how he prefers to spend the money he receives. As an example, if I have a poor money management system, I would prefer to receive my income weekly in order to be sure I have enough money in my pocket for the entire week if I have bad money management systems. As a result, you will need to manage the money you get and not spend the money you receive on the first day of the month so that you can have the full month. I personally prefer to have income monthly and try to manage the money I get monthly.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: xSkylarx on February 03, 2023, 05:46:00 PM
Almost everyone who works for a company prefers to be paid weekly, with the pay calculated based on the energy and time spent in the company per day. Weekly pay allows one to see how serious and hardworking he or she has been for that week and if more efforts are required to earn more. Pay-as-you-go work appeals to me; whatever I work out for the day, calculate and give it to me; if daily is not feasible, calculate and pay me weekly, since I also have other things to do. Doing monthly pay is really a bad idea because I might skip work most of the time, and for the times when I will be present, I might also cover up things that I should have covered for the days that I am absent, which the company might not think of that way since it's a monthly pay job and every time you miss work, a deduction will be made from your salary. In conclusion, I preferred being paid weekly, and the goal is to have some cash and savings at the end of the day.

They can still monitor you even if you are paid on a weekly basis if you are not doing anything. In terms of how you do your work, weekly or monthly salary have no connection on this, but I want to ask you a question: what if you need to pay a tuition or need to buy a thing whose price is bigger than your salary in a week  and it is needed on the first week of the month? How would you purchase it without borrowing money? Though we have our own preferences, like me, I want to pay monthly, in case of an emergency like we need more money to pay something, we can pay it, though you'll struggle, but you can still solve it.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: serjent05 on February 03, 2023, 06:42:46 PM
There are two categories of people when it comes to the choice of when to receive payment for work. There is the category that prefers it be paid weekly so they can off set bills as they come so they do not become a burden, while there is the category that prefers it monthly so they can plan well for the month.

If employers put out the option before you to either to be paid weekly or monthly for your job, which will you prefer? Please give reasons asides the ones I have stated to support your answer.

I prefer weekly income especially when I am starting the job. Being paid weekly lessens the burden of financial expenses since we can have an inflow of cash weekly.  Besides there is no difference in the salary whether it is paid in weekly or monthly, at least in weekly we can access our fund in shorter duration of time.

Would you prefer to be a contract staff for a company that is being paid a certain percentage for every job delivered, or would you prefer a job with a fixed monthly or weekly income? (Give a reason for your answer aside the reason that will be stated)

With percentage earnings, you can earn more and you will be very motivated to work, but the disadvantage will be when there is no job.
With Fixed earnings, you are sure of what to receive, but sometimes the workload you may encounter may be so much that the salary you are paid does not befit the work you put in.


Depends on the nature of the job, but I believe there are jobs that go in both ways, and have fix payment (allowance) and percentage earnings (from sales).  Most agent payment works this way.  So if there is a chance I would love to have both.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: SirLancelot on February 03, 2023, 09:03:21 PM
with weekly, you could spend your weekly amount to survive, but its always a tricky situation to calculate the bills and unexpected ones.
Weekly payment, so that I don't need to wait or borrow money if something sudden comes up that requires me to have more money than I have. Also, when you get the salary all at once, it almost feels like it finishes earlier too and then you have a whole month to wait again.

And, I prefer fixed payment, so that I don't have the fear of when I don't get no sales to get any commission, and that does happen.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Ryu_Ar1 on February 03, 2023, 09:33:51 PM
In my area there are still many people who are paid monthly but indeed in other cases there are some unskilled workers who are indeed paid daily and weekly but this is indeed a classification because most of the jobs that can be said to be good are monthly and heavy work such as in construction or even other things Another weight they choose daily and weekly.
But if it's a personal opinion, even though I'm currently working on a monthly basis, I can choose if I want to do it weekly. even though the nominal may be the same monthly or weekly when combined in total but still when we are paid weekly this will be very good unfortunately for office work like there are special rules regarding payments in the last week at the end of the month.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: maxreish on February 04, 2023, 07:44:12 AM
In our country, we've been automatically paid out every 15 days. We are used to be paid out twice a month that is why we preferred that way and  and it is becoming more common as companies  here seek to align payroll with the number of workdays in a pay period. Actually, this type of payment schedule on our country may provide employees with more frequent access to their earnings, more time to budget expenses and bills. more convenient for us too as we balance and budget it well.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Swordsoffreedom on February 04, 2023, 08:20:53 AM
To be frank with you I prefer being paid monthly. Being paid weekly the chances of spending more is high because you just have to wait another week to get paid that's to say you spend more than you save, so your pay cheque is that useful to you, is all about spending.
Whenever you're being paid weekly,it only takes one to be discipline to save for a whole month to be able to pay some certain bills.Once you get your monthly pay, you can immediately save money for the bills to come and you can live with the money you have left.
The essence of this is to be smarter in managing existing finances through the income earned. Actually, the weekly salary and monthly salary are not much different for everyone when they both save, but for those who get a monthly salary, of course it will be a little difficult when preparing money to be used on a daily basis with what will be saved every month.

Meanwhile, for those who get a weekly salary, it is actually very easy to manage expenses and save every month because of the four weeks in one month. A person can use his salary received for two weeks for a month's needs and his salary for another two weeks can be saved for urgent needs when he is sick or has an unexpected disaster.

When I was working at the company, I went through 2 forms of weekly salary and monthly salary, I found these 2 forms no difference because the salary is the same. If you receive a weekly salary, you will have a weekly spending plan, if you receive a monthly salary, you will have a monthly spending plan, it all depends on the plan your own spending will decide everything. There is no difference as people are saying, if we have a clear plan because the bill payment repeats every month, except in unexpected cases.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: cafee_orange on February 04, 2023, 08:45:09 AM
I am a worker who works every day at a shoe shop in my area, if calculated it seems that I have worked there for 3 years. I always receive a net salary there once every 1 year or we calculate it as a percentage that must be paid to us workers. but we are given food money every day. Therefore, responding to your question above, I myself am more interested in receiving payments from my work, namely by calculating a percentage, because with payments like that we can make these payments as savings. I prefer the percentage sharing category.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: rat03gopoh on February 04, 2023, 09:06:15 AM
The longer the payday period can affect the desire to spend in the early days after payday, especially if you only have a small number of monthly bills, because that means the bigger the nominal you receive, you have to be really smart as a financial manager in the family sphere. I personally prefer weekly, in terms of spending it will be more conditional.
For the 2nd question, percentage pay is rarely offered to employees. It seems that it only applies to shareholders.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: jrrsparkles on February 04, 2023, 09:28:02 AM
There are two categories of people when it comes to the choice of when to receive payment for work. There is the category that prefers it be paid weekly so they can off set bills as they come so they do not become a burden, while there is the category that prefers it monthly so they can plan well for the month.

If employers put out the option before you to either to be paid weekly or monthly for your job, which will you prefer? Please give reasons asides the ones I have stated to support your answer.



Would you prefer to be a contract staff for a company that is being paid a certain percentage for every job delivered, or would you prefer a job with a fixed monthly or weekly income? (Give a reason for your answer aside the reason that will be stated)

With percentage earnings, you can earn more and you will be very motivated to work, but the disadvantage will be when there is no job.
With Fixed earnings, you are sure of what to receive, but sometimes the workload you may encounter may be so much that the salary you are paid does not befit the work you put in.




In my opinion percentage or commission based earning sucks for most of the people so you have to keep pushing yourself to meet the requirements which is more stressful so preferring the fixed pay is advisable. I would say monthly pay check is better so we can have more money and plan according to our monthly expenses, if we get them for every week we may spend it too soon then we may stuck when it comes to paying monethly bills.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Erumo on February 04, 2023, 09:59:40 AM
What about daily pays? Cant imagine how people who gets paid by the end of the working day. How to not let loose and spend everything in one day. How such people save money for monthly utility bills and expensive purchases. With weekly payment I think it is close to impossible, with daily it might be 100% impossible.

I like to spend everything what is left between monthly salary - next monthly salary. Coz this is sort of a motivation, a reward, a level of how good I have worked for me.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Frankolala on February 04, 2023, 11:24:09 AM
I prefer the monthly payment,this helps me to save some part of my income since the money comes in bulk. You will have time to have plans and budgets for that month,because you have a fixed income and can easily be budget for various necessities. Motivation is the key to a monthly paid job,when you are given allowance and bonuses,this will motivate you to put in your best in your job.

Percentage jobs are very good because you have to over work yourself to have more money and this can make you earn more than what should be paid to you if it was a monthly based job. The disadvantage is that when you are sick,your job will also be sick and your income will be  sick too,there will be nobody to keep the job going.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: White pawn on February 04, 2023, 11:43:06 AM
I would prefer a job that pays monthly to a contract worker or to a weekly paycheck.
A contract workers pay is quite good. You have to put in the work and depending on that, you would get paid handsomely. But when there is no work, you would be out of work and with no savings, you’ll be penniless. Generally there is uncertainty and that isn’t good.
A monthly pay, there is certainty that you would get paid at the end of the month.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: boyptc on February 04, 2023, 12:26:39 PM
I've been with most type of payment scheme, weekly, bi-weekly and monthly. Well, any of those will do as I always plan on how I'll be spending the salary that is about to come.

And as for the suggestion of which type of payment is good, for those that likes to be stable then a fixed income will be enough. But if you're the type of person that always grinds then you'd love the output based type of salary.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Aanuoluwatofunmi on February 04, 2023, 12:37:36 PM
We will need to first analyze the kind of needs we have at hand which will be the best determinant to wether we are to choose a particular fix income means, then we also have individual weaknesses in handling finances, to the best of my knowledge some people cannot make a savings by little by little earnings because they have that as a weakness and they would rather prefer spending them on the arising needs than saving up, which has called for everyone to engage accordingly to the level of his financial needs and circumstances, we should enjoy what we earn and not to endure.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Minecache on February 04, 2023, 12:40:45 PM
What about daily pays? Cant imagine how people who gets paid by the end of the working day. How to not let loose and spend everything in one day. How such people save money for monthly utility bills and expensive purchases. With weekly payment I think it is close to impossible, with daily it might be 100% impossible.

I like to spend everything what is left between monthly salary - next monthly salary. Coz this is sort of a motivation, a reward, a level of how good I have worked for me.

In my country, heavy and laborious jobs such as porters, assistants...Most get paid at the end of the day or every 2 days, and I've been through those for a while, and I have no problem saving or paying bills every month. It all depends on ourselves, if you have a plan for everything, then you will never have a problem with spending. You get paid at the end of the day, and when you get off work, you can put them in the piggy bank or give them to your wife to keep, it's not as hard as you think.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Ludmilla_rose1995 on February 04, 2023, 12:49:37 PM
if I were an employee, I would ask my boss to pay me weekly. being paid weekly is actually much better than being paid monthly because usually people who are paid monthly will enter into a debt circle unless the payment received per month is large enough and can cover expenses every day.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: naira on February 04, 2023, 01:10:05 PM
If employers put out the option before you to either to be paid weekly or monthly for your job, which will you prefer? Please give reasons asides the ones I have stated to support your answer
In general, a monthly paycheck is the most common thing but personally to be more effective I would go for a weekly paycheck. Due to weekly expenses, maybe at least I won't give out a loan to cover my needs for 1 month. Sometimes the monthly salary makes us wait a long time. Now in applying the weekly wage it is said to be effective because it can measure short-term needs for 7 consecutive days.

I often share my opinion on this sort of thing and 8 out of 10 people choose weekly for the same reason that the cost for 1 week is easier to measure.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: passwordnow on February 04, 2023, 01:21:47 PM
The majority of us want stability and that's why a fixed income will be the majority's choice. Especially today where layoffs have been happening, it's hard to find a secured and stable job. That's why those that have been employed still with their employer and they're good and taking to their employees, you all should be grateful because it's rare to find a company these days that are too thoughtful for their companies and don't treat them just only as live money making machines.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: crunck on February 04, 2023, 01:22:01 PM
if I were an employee, I would ask my boss to pay me weekly. being paid weekly is actually much better than being paid monthly because usually people who are paid monthly will enter into a debt circle unless the payment received per month is large enough and can cover expenses every day.

If you spend unplanned and uncontrollably, even if you receive a daily salary, you will still be in debt. Get paid weekly or monthly, it's all good because we've done an excellent job, and they almost no difference. As for how we use them, that's up to us, can't blame getting a weekly paycheck that puts us in debt and a monthly salary that doesn't.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Darker45 on February 04, 2023, 01:46:04 PM
1. I prefer weekly. I think I can more properly manage my finances if the salary comes every week. Also, it's quite funny but every time pay day is near, it excites me; so getting excited 4 times a month is apparently much better than just once a month.

2. If I have to be employed, more than anything, it might be driven by salary. So whichever the case that gives me a bigger salary, I'd prefer it. If it will be the contract mode, then I will go for it. If it will be the fixed mode, then I'll have it. But the one and only condition that is almost non-negotiable is toxicity. Whichever is toxic, I will avoid it.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Henrobakkara on February 04, 2023, 01:57:42 PM
In my environment, people mostly work for a fixed monthly salary, which can be increased if they work on Sundays, holidays or at night, and I think that most people still prefer that way of payment. Maybe in some industries weekly salary payments make sense, but in most cases it just creates additional work for the administration, because it is much easier to calculate the salary once a month than every week.

I also know that there are companies that, although they pay a fixed monthly salary, also motivate their employees with additional bonuses in the form of a percentage of sales. In this way, people who work in direct sales are motivated to try to sell as much as possible, because in addition to a regular salary, they can also expect additional earnings.

I would therefore always opt for a fixed payment because it still provides much greater financial security, and I know a lot of people who do something extra in addition to their job, so sometimes you can get the best of both payment methods.
Agreed. I believe that it depends on the location and what is obtainable in that location. Also in my location, it is mostly Monthly payment cos I have not come across any organization paying weekly even if you are in a sales unit, your extras as sales bonuses also come monthly, and for me, I believe it gives you a better organization of your expenses.

if I were an employee, I would ask my boss to pay me weekly. being paid weekly is actually much better than being paid monthly because usually, people who are paid monthly will enter into a debt circle unless the payment received per month is large enough and can cover expenses every day.

I disagree because, if whatever you cannot manage as monthly pay, you still will not be able to manage it as weekly pay. I think weekly pay will even make you spend more because you believe there is another paycheck coming in the week ahead and you will not have the will to save.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: mvdheuvel1983 on February 04, 2023, 02:05:50 PM
Would you prefer to be a contract staff for a company that is being paid a certain percentage for every job delivered, or would you prefer a job with a fixed monthly or weekly income? (Give a reason for your answer aside the reason that will be stated)

With percentage earnings, you can earn more and you will be very motivated to work, but the disadvantage will be when there is no job.
With Fixed earnings, you are sure of what to receive, but sometimes the workload you may encounter may be so much that the salary you are paid does not befit the work you put in.

My preference is weekly pay. Why? The reason is because it will help me not to be in debt. Monthly pay may cause me to run into debt. Waiting for 30 days to get paid may cause me to run into debt.
Weekly pay means the periodic flow of the income will be short and it will help me to plan very well. Also, percentage pay is my preference. Whatever that comes out, you give me my percentage.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: so98nn on February 04, 2023, 02:53:08 PM
Ok this one is really good question and it may seem simple one but it's not when you work on it practically.

So the other time I was working for a firm on weekly payroll. It was remote job and the company was based out of Australia. They used to pay me on weekly basis. The payout used to come on fixed day of the week. The issue was, the money used to get spent immediately for the week chores and it was difficult to maintain the accounting that way.

I never understood where the money went in the process. Definitely not good idea to receive on weekly basis. You can try monthly because you get the amount at once and its easier to segregate bills / EMI's etc. as you can see whole picture in front of you.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: nimogsm on February 04, 2023, 05:08:45 PM
I think a weekly salary is more motivating to do a good job, since you will get access to money earlier and there is an opportunity for early planning for spending it, with monthly payments, access to funds is only 1 time versus 4.So as for me, the advantage is still in the weekly payment for the work done.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: sulendra12 on February 04, 2023, 05:36:33 PM
There are two categories of people when it comes to the choice of when to receive payment for work. There is the category that prefers it be paid weekly so they can off set bills as they come so they do not become a burden, while there is the category that prefers it monthly so they can plan well for the month.
This is just depends on where do people work. they can't really choose between monthly and weekly basis payment due to how economy works here. In here, mostly the job pays you in monthly basis and it's really difficult to  search weekly basis job payment if you don't have higher position in that job. But still, if you have monthly payment basis you can still plan your earnings/expanses for better finance planning.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: lixer on February 04, 2023, 06:29:51 PM
if I were an employee, I would ask my boss to pay me weekly. being paid weekly is actually much better than being paid monthly because usually people who are paid monthly will enter into a debt circle unless the payment received per month is large enough and can cover expenses every day.
Usually, the amount paid on a monthly basis is bigger than the pay we get per week and per 15 days which can be enough to budget to reach another monthly payment again. Getting involved in debt won't be based on how long we get our payment because I already saw people who are still involved in debt even though they are being paid daily, weekly and per 15 days. If you are an employee, you can't just tell your boss to pay you per week but they have the right to decide if what time or day they will pay you.

For me, I prefer to be paid in percentage because there is a way for my earnings to be maximized if there are days that I feel more energetic to work for extra hours.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: gabbie2010 on February 04, 2023, 08:05:02 PM
with weekly, you could spend your weekly amount to survive, but its always a tricky situation to calculate the bills and unexpected ones.
Weekly payment, so that I don't need to wait or borrow money if something sudden comes up that requires me to have more money than I have. Also, when you get the salary all at once, it almost feels like it finishes earlier too and then you have a whole month to wait again.

And, I prefer fixed payment, so that I don't have the fear of when I don't get no sales to get any commission, and that does happen.
I also prefers weekly wages I can't withstand waiting for 30 days to earn monthly salary, it's too long to me, although in my country salary is paid monthly, I can as well plan my budget on a weekly wages maybe use my first and second week wages to stock food in the house while saving other weekly wages, I will also never lack cash for any urgent need to pay for fee because there will always weekly inflow of money into my account, of course I am not in the habit of spending money extravagantly   thus earning a weekly pay wouldn't push me to spend lavishly.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: BIT-BENDER on February 04, 2023, 08:08:19 PM
Well honestly between monthly or weekly pay for me it has to be weekly pay, finances and cash flow should be coming in as fast as it can an in a shorter time frame as it can go.

Having you earnings coming weekly can mean you get access to your earnings more and have better time opportunities to put your earnings in good use than when it’s coming monthly.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: SatoPrincess on February 04, 2023, 08:51:31 PM
There are two categories of people when it comes to the choice of when to receive payment for work. There is the category that prefers it be paid weekly so they can off set bills as they come so they do not become a burden, while there is the category that prefers it monthly so they can plan well for the month.

If employers put out the option before you to either to be paid weekly or monthly for your job, which will you prefer? Please give reasons asides the ones I have stated to support your answer.



Would you prefer to be a contract staff for a company that is being paid a certain percentage for every job delivered, or would you prefer a job with a fixed monthly or weekly income? (Give a reason for your answer aside the reason that will be stated)

With percentage earnings, you can earn more and you will be very motivated to work, but the disadvantage will be when there is no job.
With Fixed earnings, you are sure of what to receive, but sometimes the workload you may encounter may be so much that the salary you are paid does not befit the work you put in.



I doubt there are many companies that give employees the option of weekly/monthly pay, but since this is all hypothetical, I will stick with a fixed monthly salary. It puts me in a better state of mind when I see that end of month checks coming in. I think it depends on the type of job and company you work with. For example, sales people have the advantage of having a base salary and also commissions on every sale. Employees are usually motivated to close a deal because of the commissions they will receive, most times the commissions are more higher than the salary. And when the sales rep fails to close a deal, his base pay isn’t affected. Sales role in tech companies used to be enticing before the massive layoffs began.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: goaldigger on February 04, 2023, 09:33:29 PM
Well honestly between monthly or weekly pay for me it has to be weekly pay, finances and cash flow should be coming in as fast as it can an in a shorter time frame as it can go.

Having you earnings coming weekly can mean you get access to your earnings more and have better time opportunities to put your earnings in good use than when it’s coming monthly.
This could be the option but in my country, we get used to a twice a month distribution for you compensation which we are forced to budget tightly for the next two weeks because you can’t bet your money in full. Paying out weekly is more ideal to me, it gives you liquidity and yes you have more time to catch up the trend instead of waiting for a long time for your paycheck. Maybe its also good to give options to their employees on what is their preferred time to get their salary.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: isaac_clarke22 on February 04, 2023, 09:33:51 PM
~
It's better to be just in a fixed monthly/weekly income. Due to obvious of it going to stability in your own end especially these days. I personally never felt the motivation to work more in percentage earnings especially in sales work. It might work for some if sales is their forte.

I would like fixed earnings even if workload might be sometimes....too much, because usually the things I would apply for would be software dev/engineering work and I love coding.

About the weekly or monthly payment, I would prefer weekly if the company allows it. I needed that time off after the end of week. The only thing I could appreciate in monthly work is just like Lucius mentioned. It could potentially give you higher pay when you work on weekends, but as for me looking for work-life balance, I would love to own my weekends so I'll pass on the Monday-Saturday workloads.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: stomachgrowls on February 04, 2023, 09:39:36 PM

I doubt there are many companies that give employees the option of weekly/monthly pay, but since this is all hypothetical, I will stick with a fixed monthly salary. It puts me in a better state of mind when I see that end of month checks coming in. I think it depends on the type of job and company you work with. For example, sales people have the advantage of having a base salary and also commissions on every sale. Employees are usually motivated to close a deal because of the commissions they will receive, most times the commissions are more higher than the salary. And when the sales rep fails to close a deal, his base pay isn’t affected. Sales role in tech companies used to be enticing before the massive layoffs began.
Doesnt matter if it would be weekly, bi-weekly or monthly because as a employee then you would definitely be going with their terms and ways and wont bothered out.Good thing if you've been given out with some options on whats the duration or time you would be accepting or getting your pay but in most cases specially here on our country on where most employers do really go for monthly pay.
Some of my friends had able to deal up with jobs having those weekly pay specially on those common industrial jobs been offered.Just like on what im saying that it wouldnt really be that
much of an issue since everyone could really deal up with on what those employer terms as long we do have able to get the job which matter the most.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Ultegra134 on February 04, 2023, 11:16:41 PM
I've always been paid on a monthly basis; I've never heard of weekly payments before, but even if it were an option, I wouldn't choose it. I'd rather be paid once a month than have my salary divided into four smaller payments; it seems pointless. While commission-type jobs may provide you with the ability to earn more than a standard fixed salary, I find the whole concept stressful since you don't have a standard amount of money you'll receive each month. Personally, I prefer the safety of being paid a fixed salary; it gives you peace of mind.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: shinratensei_ on February 04, 2023, 11:47:18 PM
 guess it's always good to have weekly pay you have more flexibility in managing your money and your cash flow is good it just gives more guarantee that you gonna get your money unlike monthly because even monthly there could be some delay which means it will disrupt your economic condition if you are heavily depending in your earning.
but the second question whether it's fixed or percentage earning, it's always depends whether your earning could sometimes have some serious increase in terms of percentage, otherwise if it's not then you better off have fixed earning.
but at the end of the day, it'd always depends in your preference.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: virasisog on February 05, 2023, 12:38:49 PM
I personally prefer weekly pay because, through it, I will be able to have a weekly budget without struggling. Receiving a weekly salary makes the end of the week more exciting than waiting for half a month or a month to get paid.
Maybe we can choose our preferences based on our needs and cocomforthen it comes to budgeting. Others don't see it as a big deal but to those who need to support their family's necessities, it really has a huge impact on their lives. It can either make the situation lighter or could also be hard for them.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: LogitechMouse on February 05, 2023, 01:48:21 PM
Here in our place, most if not all of the people who are working here (including me) are being paid monthly.

Job security is one of the most important thing in life. No job means no money to buy the needs we want for our daily lives. With percentage earnings, yes you can earn even more, but it's more of a temporary job only and what if that work of yours is over? Where will you find a job again especially now that many people are starting to get fired by these companies.

For me, I prefer fixed income because whatever you do, you'll get paid. Yes there is a chance that you might get a higher workload, but in some companies, there is this thing called "bonus" where the company rewards the most industrious employee with some money so that they will be motivated to work even more. Fixed income + bonuses > percentage earnings where you don't know when you will have a job and when you will not have one.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: bettercrypto on February 05, 2023, 02:18:10 PM
      To the people who work that their salary is not enough, in reality, they would prefer the weekly salary, why? so that they don't get into debt, because if their salary is paid monthly, their debt will surely accumulate.

Then for others, the monthly salary is okay with them, that's because their salary is big and they can budget their salary anyway.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: teosanru on February 05, 2023, 02:54:28 PM
There are two categories of people when it comes to the choice of when to receive payment for work. There is the category that prefers it be paid weekly so they can off set bills as they come so they do not become a burden, while there is the category that prefers it monthly so they can plan well for the month.

If employers put out the option before you to either to be paid weekly or monthly for your job, which will you prefer? Please give reasons asides the ones I have stated to support your answer.



Would you prefer to be a contract staff for a company that is being paid a certain percentage for every job delivered, or would you prefer a job with a fixed monthly or weekly income? (Give a reason for your answer aside the reason that will be stated)

With percentage earnings, you can earn more and you will be very motivated to work, but the disadvantage will be when there is no job.
With Fixed earnings, you are sure of what to receive, but sometimes the workload you may encounter may be so much that the salary you are paid does not befit the work you put in.



I'll try to answer it one by one. First talking about weekly or monthly earnings. I believe monthly is much better because if I get weekly earnings my spendings will be drastically more as I'll be spending heavily every weekend especially if I get my salary on a Saturday so definitely monthly earning help you to accumulate your earning rather than you over spending everything.
Coming to second question percentage or fixed, i think in every job it's really difficult to have a percentage earning model. So only a few jobs can have that but honestly it's risky but equally advantageous as well because in good times you'll be earning better but i have been  a financial analyst i know if there is more percentage based earnings there will be more accounting frauds.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: _BlackStar on February 05, 2023, 05:33:45 PM
There are several types of work that are paid daily, weekly, monthly, or also for an annual percentage of results. Almost all formal jobs pay their employees a monthly salary and it's very rare that I see them getting weekly salary. We know this is normal for staff or employees in many countries, but in some countries there are workers who are paid by the hour.

If I had to choose, then I tend to think that getting weekly pay is a lot more helpful than a monthly pay. I can plan lot with that weekly paycheck and probably save lot more in terms of expenses. But it's hard to find job that pays weekly paid in the real world, most pay daily or monthly.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Iroh on February 05, 2023, 06:14:35 PM
      To the people who work that their salary is not enough, in reality, they would prefer the weekly salary, why? so that they don't get into debt, because if their salary is paid monthly, their debt will surely accumulate.

Then for others, the monthly salary is okay with them, that's because their salary is big and they can budget their salary anyway.

There are very few people who work either weekly or monthly and would admit or agree that their salary is enough. I don’t think people who work monthly would prefer to be paid weekly just so that they wouldn’t go into debt.

You would always incur debts of you aren’t prudent and are careless with the way you spend your funds irrespective of the way and manner you earn.
Strict budgeting of your income would help keep you safe so whether you earn daily, weekly or monthly, you would be safe and free from debts.



Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: isaac_clarke22 on February 05, 2023, 06:56:28 PM
~
I believe we reside in the same country and yeah, companies especially the private ones usually pay monthly. Not sure where I read it, but I believe companies do those habit because it is another work for payroll and considering that in a larger company where hundreds to thousands employees are working in it, it is going to be a pain in the ass for the payroll to run the payments every week plus considering that it is also time consuming.

Worth mentioning that printing documents related to pay is going to costly for the company itself.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: ginsan on February 05, 2023, 07:30:10 PM
Where I work, the average employee who works at that place all receives monthly payments and of course that is the rule that is enforced by the company. but in my opinion whether weekly or monthly payments are not a big problem for employees because if they are able to manage their management properly then they can live well by being able to save 20% of their income.

in annual percentage payments maybe in my environment there are only a few companies that do that and usually it will only happen to employees who have worked for that company for a long time. With that in mind, I myself might prefer to receive payments on a monthly basis and that is the right choice for managing finances and it depends on each of us.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: rahmad2nd on February 05, 2023, 07:57:38 PM
I think the answer is very subjective, depending on the perception of each person. however, in my opinion, there is nothing better, because there are always pluses and minuses, advantages and disadvantages of these two payment systems and it depends on where we work, skills and position. so, whether monthly salary, weekly, fixed income or percentage system. the answer depends on the person himself.

Talk about salary, especially monthly. in my country, the average employee still adheres to a monthly salary system. but if we talk in general, the monthly salary has added value because we still get the full salary even though there are national holidays or other emergency conditions. sick or leave, it doesn't matter. we will still get paid in full.

On the one hand there are plus points, but on the other hand there are also minus points. work, overtime, even the same salary. this is the problem. no matter how hard we work, the salary at the beginning of the following month remains the same. unaffected by our good work. As for salary increases, at least once a year. but because of the demands of life, regardless of the salary system, we will still be required to work, generate income and meet basic needs.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Unbunplease on February 05, 2023, 09:52:11 PM
I personally think that a weekly pay is better. why? it gives more space for maneuver. for example, to quit your job, you do not have to wait a whole month. it is also easier to plan the budget, payment of loans (loans are evil, but sometimes you need them).


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Fredomago on February 05, 2023, 11:13:50 PM
      To the people who work that their salary is not enough, in reality, they would prefer the weekly salary, why? so that they don't get into debt, because if their salary is paid monthly, their debt will surely accumulate.

Then for others, the monthly salary is okay with them, that's because their salary is big and they can budget their salary anyway.

There are very few people who work either weekly or monthly and would admit or agree that their salary is enough. I don’t think people who work monthly would prefer to be paid weekly just so that they wouldn’t go into debt.

You would always incur debts of you aren’t prudent and are careless with the way you spend your funds irrespective of the way and manner you earn.
Strict budgeting of your income would help keep you safe so whether you earn daily, weekly or monthly, you would be safe and free from debts.



Correct! if you know how to handle your budget and you are good in managing your finances, it will be possible to keep your salary be enough to your daily needs, either it came from weekly or monthly base, as long as you have good management you can continue to survive, regarding to fixed or percentages, there are different opinions and how it will be take by different people, whatever it is as long that you are comfortable and you are able to support your needs then it's still good to proceed.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Xampeuu on February 06, 2023, 02:58:47 AM
There are two categories of people when it comes to the choice of when to receive payment for work. There is the category that prefers it be paid weekly so they can off set bills as they come so they do not become a burden, while there is the category that prefers it monthly so they can plan well for the month.

If employers put out the option before you to either to be paid weekly or monthly for your job, which will you prefer? Please give reasons asides the ones I have stated to support your answer.



Would you prefer to be a contract staff for a company that is being paid a certain percentage for every job delivered, or would you prefer a job with a fixed monthly or weekly income? (Give a reason for your answer aside the reason that will be stated)

With percentage earnings, you can earn more and you will be very motivated to work, but the disadvantage will be when there is no job.
With Fixed earnings, you are sure of what to receive, but sometimes the workload you may encounter may be so much that the salary you are paid does not befit the work you put in.



because I have a family, I prefer to be paid monthly, so that even though there is no job, my family can still be fulfilled economically. on the other hand, of course, I have to find additional income outside of working hours so that I can save and invest from the results. but the main thing is that I have to have a steady job to support my daily life, so it is hoped that my mind will be calmer and it will be easier to produce a side job


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Sebas.tian on February 06, 2023, 03:45:23 AM
I prefer weekly payment, because it will help me to tackle some family issues at the moment compared to monthly payment which will take a long time before the money will come and by then the family has pass through a lot of things in the house. Whenever I got a job and the employer prefer to pay me weekly, it make me feel good and hard working with the employer because it make me not to experience any challenges from my family. Since inflation is still affecting my country and the cost of commodities is increasing every day in the country, I think the weekly payment will help humanity to sustain till the government find solution to the inflation.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Silberman on February 06, 2023, 05:11:26 AM
I personally think that a weekly pay is better. why? it gives more space for maneuver. for example, to quit your job, you do not have to wait a whole month. it is also easier to plan the budget, payment of loans (loans are evil, but sometimes you need them).
It is true a weekly payment gives more flexibility to the employee but at the same time if I had to pick between a weekly pay or a monthly pay but with a higher salary I will pick the latter as fast as I could, and I doubt I am alone on this, after all a higher pay also gives more flexibility as you will be able to save more money each month and in the case of an emergency you can use those funds to sustain yourself until you get paid again at your job.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: ilovealtcoins on February 06, 2023, 05:34:24 AM
I prefer to receive a weekly salary because, in addition to my main job, I am an investor, and as an investor, I always need to have a flexible source of capital when the market fluctuates, there will be many profit opportunities. I am working for a monthly salary, and it makes me quite inconvenient to pay bills as well as invest when bitcoin drops suddenly, I have no money to buy but have to wait until the end of the month.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Reid on February 06, 2023, 05:42:22 AM
Fixed weekly salary. A month is too long for me, and I don't want to in a position where I would be out of money at the last week of the month starving to death.
Then, for emergency purposes. What if at that last week of the month or in the middle of it something unexpected happens? Position where you lack resources to get some money or a loan.
Also, I have this mindset where I get stressed if I am on the point of having just spare amount in my wallet. I don't like that kind of emotion so I am better off at weekly salary or bi-weekly can also be tolerated.
I don't like that percentage salary too, like you said there's a point where there will be no work which means no pay too.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Poker Player on February 06, 2023, 06:04:06 AM
In my case monthly, although I wouldn't mind weekly, although the weekly payment tends to appeal more to those who don't manage their finances well.

Regarding the second part, I prefer a fixed part and a variable part, so that I have the fixed expenses covered even if bad times come and I keep that part of variability that in good time can give great benefits.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: bestcoins1 on February 06, 2023, 07:13:52 AM
because I have a family, I prefer to be paid monthly, so that even though there is no job, my family can still be fulfilled economically. on the other hand, of course, I have to find additional income outside of working hours so that I can save and invest from the results. but the main thing is that I have to have a steady job to support my daily life, so it is hoped that my mind will be calmer and it will be easier to produce a side job
It seems that it would be even better if you are paid weekly through your job because those of you who already have a family will always need money every day to live and for every need that you use every month. So I think it's much better than you being paid monthly even though the monthly salary won't be so bad for those of you who are already married.

But you can make your own calculations when you are paid monthly and when you are paid weekly, because it will be easier for you to manage your finances when you get paid four times a month. And this will obviously really help you in moving anything, including moving your investment for the future and keeping your savings and your family healthy.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Fakhrulenclix on February 06, 2023, 08:05:47 AM
because I have a family, I prefer to be paid monthly, so that even though there is no job, my family can still be fulfilled economically. on the other hand, of course, I have to find additional income outside of working hours so that I can save and invest from the results. but the main thing is that I have to have a steady job to support my daily life, so it is hoped that my mind will be calmer and it will be easier to produce a side job
It seems that it would be even better if you are paid weekly through your job because those of you who already have a family will always need money every day to live and for every need that you use every month. So I think it's much better than you being paid monthly even though the monthly salary won't be so bad for those of you who are already married.

But you can make your own calculations when you are paid monthly and when you are paid weekly, because it will be easier for you to manage your finances when you get paid four times a month. And this will obviously really help you in moving anything, including moving your investment for the future and keeping your savings and your family healthy.
the most important thing is that there is a calculation for managing finances regardless of weekly or monthly salary, even I think even if the daily salary can be sufficient if you can manage it properly.
In my opinion, the weekly or monthly salary is the same, what affects it is that the remaining amount is up to each of them to manage it properly.
I still live alone and currently I get a weekly salary, and before that I also got a monthly salary so because I have experienced both so I don't think there is a big influence on it.



Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: serveria.com on February 06, 2023, 08:18:25 AM
There are two categories of people when it comes to the choice of when to receive payment for work. There is the category that prefers it be paid weekly so they can off set bills as they come so they do not become a burden, while there is the category that prefers it monthly so they can plan well for the month.

If employers put out the option before you to either to be paid weekly or monthly for your job, which will you prefer? Please give reasons asides the ones I have stated to support your answer.



Would you prefer to be a contract staff for a company that is being paid a certain percentage for every job delivered, or would you prefer a job with a fixed monthly or weekly income? (Give a reason for your answer aside the reason that will be stated)

With percentage earnings, you can earn more and you will be very motivated to work, but the disadvantage will be when there is no job.
With Fixed earnings, you are sure of what to receive, but sometimes the workload you may encounter may be so much that the salary you are paid does not befit the work you put in.


I prefer weekly fixed pay. As you mentioned, there are several types of people. I prefer weekly pay as it's a lot easier to plan my expenses this way, you receive your remuneration faster and more regularly, you don't have to wait till the end of the month. Fixed pay is more stable, easier to plan expenses and you can count on a certain amount every time.  8)


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: xSkylarx on February 06, 2023, 08:21:29 AM
because I have a family, I prefer to be paid monthly, so that even though there is no job, my family can still be fulfilled economically. on the other hand, of course, I have to find additional income outside of working hours so that I can save and invest from the results. but the main thing is that I have to have a steady job to support my daily life, so it is hoped that my mind will be calmer and it will be easier to produce a side job
It seems that it would be even better if you are paid weekly through your job because those of you who already have a family will always need money every day to live and for every need that you use every month. So I think it's much better than you being paid monthly even though the monthly salary won't be so bad for those of you who are already married.

But you can make your own calculations when you are paid monthly and when you are paid weekly, because it will be easier for you to manage your finances when you get paid four times a month. And this will obviously really help you in moving anything, including moving your investment for the future and keeping your savings and your family healthy.
the most important thing is that there is a calculation for managing finances regardless of weekly or monthly salary, even I think even if the daily salary can be sufficient if you can manage it properly.
In my opinion, the weekly or monthly salary is the same, what affects it is that the remaining amount is up to each of them to manage it properly.
I still live alone and currently I get a weekly salary, and before that I also got a monthly salary so because I have experienced both so I don't think there is a big influence on it.


You are just living alone, which is why you think it is almost the same. This was also my thought before, and I was thinking it was better to have a daily or weekly income so that I could spend it on things, and also because it would teach you to save to buy those things. But the problem is that you are only earning a small amount, so it is just enough for yourself. But since I have family now, I would say it is still good to be paid weekly, but I do prefer most to be paid monthly as you need to spend more money on something, and also don't want to grocery every week. But we have our own preferences, which I respect as well as yours.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: uche6215 on February 06, 2023, 08:25:37 AM
There are two categories of people when it comes to the choice of when to receive payment for work. There is the category that prefers it be paid weekly so they can off set bills as they come so they do not become a burden, while there is the category that prefers it monthly so they can plan well for the month.

If employers put out the option before you to either to be paid weekly or monthly for your job, which will you prefer? Please give reasons asides the ones I have stated to support your answer.



Would you prefer to be a contract staff for a company that is being paid a certain percentage for every job delivered, or would you prefer a job with a fixed monthly or weekly income? (Give a reason for your answer aside the reason that will be stated)

With percentage earnings, you can earn more and you will be very motivated to work, but the disadvantage will be when there is no job.
With Fixed earnings, you are sure of what to receive, but sometimes the workload you may encounter may be so much that the salary you are paid does not befit the work you put in.


I prefer weekly fixed pay. As you mentioned, there are several types of people. I prefer weekly pay as it's a lot easier to plan my expenses this way, you receive your remuneration faster and more regularly, you don't have to wait till the end of the month. Fixed pay is more stable, easier to plan expenses and you can count on a certain amount every time.  8)
I don't agree with what you said assuming you are been paid $20,000 a month and weekly pay is $5000 can you use $5000 for a week and be contented? It's better to get $20,000 monthly so you can plan how to use it before the month runoff.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: fuguebtc on February 06, 2023, 08:37:40 AM
I prefer weekly payment, because it will help me to tackle some family issues at the moment compared to monthly payment which will take a long time before the money will come and by then the family has pass through a lot of things in the house. Whenever I got a job and the employer prefer to pay me weekly, it make me feel good and hard working with the employer because it make me not to experience any challenges from my family. Since inflation is still affecting my country and the cost of commodities is increasing every day in the country, I think the weekly payment will help humanity to sustain till the government find solution to the inflation.

Are you making things more serious? I don't think receiving a monthly salary will cause someone to have to sell some household items to cover monthly expenses. And I also don't think inflation will be relevant here, whether you get a monthly or weekly salary, your salary won't change, it stays the same. If you have a spending plan, there should be no problem. Most jobs these days are paid by the month, and I don't blame anyone for getting a monthly salary for economic hardship because of inflation or having to sell household items.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Iroh on February 06, 2023, 09:52:22 AM
I personally think that a weekly pay is better. why? it gives more space for maneuver. for example, to quit your job, you do not have to wait a whole month. it is also easier to plan the budget, payment of loans (loans are evil, but sometimes you need them).

A weekly pay does gives you some room for maneuvering as you could quit and walk out of your job at any time after collecting your paycheck for the week.
But I think a monthly pay is more better and quite easier to budget than having a weekly paycheck. With a monthly paycheck, you could easily budget your pay towards your expenses and with a good budget, you could service some loans and still actually have some money to put towards savings left afterwards.
While you are more likely to spend your weekly paycheck as they arrive knowing you’re gonna get paid again in about seven days.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Bholutefe on February 07, 2023, 08:28:31 PM
I would prefer the monthly pay which would also be accompanied by numerous benefits, sincerely it all depends on our needs and wants at one point or the other; lately I have disciplined myself spending-wise in such a way that I would rather look away from enticing and materialistic items and shoppings that might exhaust my money in a twinkle of an eye. There was a particular time I went on a shopping trip and I ended up buying quite a lot of items that I didn’t even need at that point in time, I actually bought them because I came across them at the mall and I got carried away by greediness. Then, I was earning weekly and I was quite rest-assured that I would be getting yet another payment the following Friday. To me, it wasn’t encouraging and I wasn’t disciplined enough in my spendings and other surrounding financial budget. It was when I switched my jobs and started getting paid monthly, which is a fixed earning for me, I got to sit up tight financially, I started having enough savings for myself and other upkeep. Also, I ensure that I spend in such a way that I won’t go broke before the next month salary comes in which was part of the plan and discipline I set aside for myself budget-wise. It all depends on our choices and our individual responsibilities which is a defining factor for settling for either a monthly pay or weekly.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Mauser on February 07, 2023, 08:52:47 PM
If employers put out the option before you to either to be paid weekly or monthly for your job, which will you prefer? Please give reasons asides the ones I have stated to support your answer.


I remember the stories from my grandfather who used to tell me that he got paid weekly. Every Friday he received his paycheck in cash and when he was younger before meeting my grandmother, it was really hard to not spend all his money in a few days. It was a different time back then and only after my grandmother took over managing all the family finances, they started saving money. Today it's very different in my country, all the people I know are getting paid monthly and getting paid in cash is very uncommon. That's why I have never thought about getting money each week. If I had to choose I would probably stick to my monthly paycheck. Its better to plan each month ahead and use a fixed percentage to save. All the bills I habe to pay are either monthly or quarterly. That's why it's best to pay the bills when the money gets in. This way I make sure that there I don't spend too much money on unnecessary things.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Fortify on February 07, 2023, 09:54:27 PM
There are two categories of people when it comes to the choice of when to receive payment for work. There is the category that prefers it be paid weekly so they can off set bills as they come so they do not become a burden, while there is the category that prefers it monthly so they can plan well for the month.

If employers put out the option before you to either to be paid weekly or monthly for your job, which will you prefer? Please give reasons asides the ones I have stated to support your answer.



Would you prefer to be a contract staff for a company that is being paid a certain percentage for every job delivered, or would you prefer a job with a fixed monthly or weekly income? (Give a reason for your answer aside the reason that will be stated)

With percentage earnings, you can earn more and you will be very motivated to work, but the disadvantage will be when there is no job.
With Fixed earnings, you are sure of what to receive, but sometimes the workload you may encounter may be so much that the salary you are paid does not befit the work you put in.




When I was younger it felt like there was an urgency to get more money and soon as possible, so weekly pay would have been a big bonus. Especially when you're wanting to go out every weekend and have exciting adventures or just hitting the clubs. However it can make accruing bigger sums harder unless you have a lot of discipline. If you're in a monthly pay job, it can be a bit trickier when you blow a lot of your money early on, until you adjust to a lifestyle that involves budgeting or you're making a decent sum of money that allows for a buffer to build up. These days, with a small financial safety net established, it's probably more preferable to get paid monthly as it can coincide with a lot of bills.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: lalabotax on February 07, 2023, 10:07:33 PM
Would you prefer to be a contract staff for a company that is being paid a certain percentage for every job delivered, or would you prefer a job with a fixed monthly or weekly income? (Give a reason for your answer aside the reason that will be stated)
If this is a regular job, I will prefer to give or ask for the monthly salary. However if I were the owner of the business and this is a starting-up business, a monthly salary may be better and safer. I mean safer is that we can ensure that the workers are at least working in our place a month later. I have a bad experience when paying them weekly, after getting the salary, he was lost and never back again to the job, even it was not 1 month working. So, I needed to seek new workers again and again. If we are giving the monthly salary, we can also give any bonuses based on the evaluation during the month, it will be much better than doing it weekly because sometimes it is not really seen.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Fredomago on February 08, 2023, 02:56:42 PM
I personally think that a weekly pay is better. why? it gives more space for maneuver. for example, to quit your job, you do not have to wait a whole month. it is also easier to plan the budget, payment of loans (loans are evil, but sometimes you need them).
It is true a weekly payment gives more flexibility to the employee but at the same time if I had to pick between a weekly pay or a monthly pay but with a higher salary I will pick the latter as fast as I could, and I doubt I am alone on this, after all a higher pay also gives more flexibility as you will be able to save more money each month and in the case of an emergency you can use those funds to sustain yourself until you get paid again at your job.

You will be able to budget your finances and if you are good in limiting your expenses you can save a lot if you have a good salary in a montlhy basis, it's more on how you foresaw the future of your expenses, but doing the right thing in managing your finances and thinking about how you can save will let you have a much better and secure lifestyle, monthly basis with high salaries is good though if there's other options which you can also consider it's better to be good in adjusting in any possible ways.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: pixie85 on February 08, 2023, 03:11:29 PM

I remember the stories from my grandfather who used to tell me that he got paid weekly. Every Friday he received his paycheck in cash and when he was younger before meeting my grandmother, it was really hard to not spend all his money in a few days. It was a different time back then and only after my grandmother took over managing all the family finances, they started saving money. Today it's very different in my country, all the people I know are getting paid monthly and getting paid in cash is very uncommon. That's why I have never thought about getting money each week. If I had to choose I would probably stick to my monthly paycheck. Its better to plan each month ahead and use a fixed percentage to save. All the bills I habe to pay are either monthly or quarterly. That's why it's best to pay the bills when the money gets in. This way I make sure that there I don't spend too much money on unnecessary things.

I have a totally opposite view.

Money is debt. When you don't pay a bill on time, you are being charged for it. Notice how every single company will add money to your bill if you're late with payment.
The same can be said about your employer. If he pays you monthly it benefits him not you. He can do whatever he likes with the money throughout the month and you don't have it.

Weekly or even daily payments are the best because in case of emergency you always have the money and know if you're out it's coming in a day or two. You don't have to negotiate anything and you don't have to worry if that end of the month payment will be on time.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: reagansimms on February 08, 2023, 03:49:54 PM
Would you prefer to be a contract staff for a company that is being paid a certain percentage for every job delivered, or would you prefer a job with a fixed monthly or weekly income? (Give a reason for your answer aside the reason that will be stated)
If this is a regular job, I will prefer to give or ask for the monthly salary. However if I were the owner of the business and this is a starting-up business, a monthly salary may be better and safer. I mean safer is that we can ensure that the workers are at least working in our place a month later. I have a bad experience when paying them weekly, after getting the salary, he was lost and never back again to the job, even it was not 1 month working. So, I needed to seek new workers again and again. If we are giving the monthly salary, we can also give any bonuses based on the evaluation during the month, it will be much better than doing it weekly because sometimes it is not really seen.
Many cases that I found around where I live, almost all companies or private businesses pay employees once a month. I personally have also worked in an official repair shop and the payment process is done at the end of each month. I think it will be mutually beneficial if employees' salaries are paid every month, employees can manage financial management properly after receiving their salary. While the place of business can run well without any problems because it indirectly already has a bond with employees.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: xSkylarx on February 08, 2023, 05:20:41 PM
Would you prefer to be a contract staff for a company that is being paid a certain percentage for every job delivered, or would you prefer a job with a fixed monthly or weekly income? (Give a reason for your answer aside the reason that will be stated)
If this is a regular job, I will prefer to give or ask for the monthly salary. However if I were the owner of the business and this is a starting-up business, a monthly salary may be better and safer. I mean safer is that we can ensure that the workers are at least working in our place a month later. I have a bad experience when paying them weekly, after getting the salary, he was lost and never back again to the job, even it was not 1 month working. So, I needed to seek new workers again and again. If we are giving the monthly salary, we can also give any bonuses based on the evaluation during the month, it will be much better than doing it weekly because sometimes it is not really seen.
Many cases that I found around where I live, almost all companies or private businesses pay employees once a month. I personally have also worked in an official repair shop and the payment process is done at the end of each month. I think it will be mutually beneficial if employees' salaries are paid every month, employees can manage financial management properly after receiving their salary. While the place of business can run well without any problems because it indirectly already has a bond with employees.

Most of the company does it monthly because of the paper work needed and also the efforts like verifying your shifts (time in and out) as well as your leaves and also the process of money like depositing in the bank and other things. If they do it weekly, it is a ton of effort, which is why it is bi-weekly or monthly. Though those small-time businesses are doing things like giving money to their employees after shift, which is pretty common in small stores or cafeterias but again it is better to be bi-weekly or monthly as you can receive a big amount as it was accumulated.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: tabas on February 08, 2023, 05:45:15 PM
Most of the company does it monthly because of the paper work needed and also the efforts like verifying your shifts (time in and out) as well as your leaves and also the process of money like depositing in the bank and other things. If they do it weekly, it is a ton of effort, which is why it is bi-weekly or monthly. Though those small-time businesses are doing things like giving money to their employees after shift, which is pretty common in small stores or cafeterias but again it is better to be bi-weekly or monthly as you can receive a big amount as it was accumulated.
In my experience, most of them were into bi-weekly. Those companies were also made me choose if I want to get paid in monthly but it's better to have at least you get salary every two weeks. That's the reason why majority of the companies are having that salary payment option.
These days, I'm starting to see that they have different scheme like weekly and then every Friday. It really depends on the company for this policy and what they think is suitable not just for the company but also for the employees.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: White pawn on February 08, 2023, 05:59:00 PM
Many cases that I found around where I live, almost all companies or private businesses pay employees once a month. I personally have also worked in an official repair shop and the payment process is done at the end of each month. I think it will be mutually beneficial if employees' salaries are paid every month, employees can manage financial management properly after receiving their salary. While the place of business can run well without any problems because it indirectly already has a bond with employees.

I quite agree with you as it is mutually beneficial in my opinion for both the employer and the employees to pay and get paid at the end of the month. On the part of the employer, there are less bookkeeping and records to be done and is much easier than sending out checks and keeping records on a weekly basis.
And as a monthly pay is obviously bigger than weekly income, it could help budget and plan your income accordingly for a longer term(longer than a week at most).


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: summonerrk on February 08, 2023, 06:58:46 PM
There are two categories of people when it comes to the choice of when to receive payment for work. There is the category that prefers it be paid weekly so they can off set bills as they come so they do not become a burden, while there is the category that prefers it monthly so they can plan well for the month.

If employers put out the option before you to either to be paid weekly or monthly for your job, which will you prefer? Please give reasons asides the ones I have stated to support your answer.



Would you prefer to be a contract staff for a company that is being paid a certain percentage for every job delivered, or would you prefer a job with a fixed monthly or weekly income? (Give a reason for your answer aside the reason that will be stated)

With percentage earnings, you can earn more and you will be very motivated to work, but the disadvantage will be when there is no job.
With Fixed earnings, you are sure of what to receive, but sometimes the workload you may encounter may be so much that the salary you are paid does not befit the work you put in.




Paying for a month is better than paying for a week. A week is too frequent a period. The most complete picture is given by the concept of how much you have earned in a year. Therefore, a month is a good period, but not a week definitely. As for a fixed or percentage payment, I recommend a combined one. I'll give you an example - Will Smith always receives a percentage payment from films in addition to fixed, which is why it's so nice to look at him in films.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: erep on February 08, 2023, 07:34:27 PM
I quite agree with you as it is mutually beneficial in my opinion for both the employer and the employees to pay and get paid at the end of the month. On the part of the employer, there are less bookkeeping and records to be done and is much easier than sending out checks and keeping records on a weekly basis.
And as a monthly pay is obviously bigger than weekly income, it could help budget and plan your income accordingly for a longer term(longer than a week at most).
The average employee salary will be paid every month for all jobs at my place, but for certain jobs and economic conditions employees have no other income, so they will be paid a daily salary from the basic amount of the month's salary. Although there is no difference in the amount of salary, all employees hope to receive a monthly salary because the salary is large and enough to buy basic needs for the next month and the rest can be used for other purposes.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: 19Nov16 on February 09, 2023, 09:48:48 AM
I once got a weekly and monthly salary and I think I like monthly salary more than weekly, this is because I'm easily tempted to use money for pleasure, if I get a weekly salary it's difficult to save, but if I get a monthly salary then I can force to save .


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Nwada001 on February 09, 2023, 03:22:48 PM
but I want to ask you a question: what if you need to pay a tuition or need to buy a thing whose price is bigger than your salary in a week  and it is needed on the first week of the month? How would you purchase it without borrowing money?
When I base my income on my weekly earnings, I will have to draw my budget to fit my weekly income; any expenses that cost me more than I earn are direct proof that I am living above my income.
 
If I have something important to buy that is needed at the end or first week of the month then I will put my hand on my savings and satisfy that need; once I am paid for it the following week, I replace it; it's not something that calls for borrowing, unless you are the type that doesn't save for tomorrow.



Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: puloweh555 on February 10, 2023, 12:44:27 PM
Salary and commission systems are indeed 2 different lines. My observation, people can choose whichever. the most important thing is to be enough to live on, hope to get more. Both have pluses and minuses, just as good. back to each other's souls.

I personally prefer to work with a commission salary because I'm still young and still maximizing my efforts to generate as much income as possible to get higher commissions. If the monthly salary income will not increase.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Smack That Ace on February 10, 2023, 01:52:51 PM
Salary and commission systems are indeed 2 different lines. My observation, people can choose whichever. the most important thing is to be enough to live on, hope to get more. Both have pluses and minuses, just as good. back to each other's souls.

I personally prefer to work with a commission salary because I'm still young and still maximizing my efforts to generate as much income as possible to get higher commissions. If the monthly salary income will not increase.

I agree that working with a commission salary has more opportunities for advancement, but a monthly salary or commission will not give you real financial freedom if you lack an investment. I used to be a monthly salaried employee, and throughout my career, I have accumulated a decent amount of money and spent a lot of time learning about investments that generate passive income. During that time, my income was much lower than that of my friends because they worked on a commission salary. But years go by, they still do the same job, and I already have a passive income job and some investments like bitcoin and real estate.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Cookdata on February 10, 2023, 02:35:05 PM
There are two categories of people when it comes to the choice of when to receive payment for work. There is the category that prefers it be paid weekly so they can off set bills as they come so they do not become a burden, while there is the category that prefers it monthly so they can plan well for the month.

If employers put out the option before you to either to be paid weekly or monthly for your job, which will you prefer? Please give reasons asides the ones I have stated to support your answer.

This is all about choice, I can choose to have my paycheck handled to me weekly for some reason like early access to money before the end of the month to settle bills as you have said, and also counter emergency calls when there is a need but on the other hand, I prefer monthly payment because it can come in a bunch and I can use it wisely with a well draft scale of preference, I can't spend wisely with weekly payment and it will also be difficult to save with that method. If a company gives MOU to their workers, I will choose monthly, which will save me to cover emergency situations and home bills.


Quote
Would you prefer to be a contract staff for a company that is being paid a certain percentage for every job delivered, or would you prefer a job with a fixed monthly or weekly income? (Give a reason for your answer aside the reason that will be stated)

With percentage earnings, you can earn more and you will be very motivated to work, but the disadvantage will be when there is no job.
With Fixed earnings, you are sure of what to receive, but sometimes the workload you may encounter may be so much that the salary you are paid does not befit the work you put in.


This particular one depends on the environment you work in, Contract staff are been treated as nothing, and they are underpaid, I do not want to see myself as a contract staff but a full time that guarantees full benefits.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: zaki12 on February 10, 2023, 03:20:36 PM
Actually there is no better or worse between monthly or weekly salary, it all depends on yourself which one is more suitable. But for me I prefer the monthly salary system because it's easy to practice and adjust to financial accounting which is usually once a month.

I prefer to be able to receive all the money each month and allocate it for various needs, including saving for the future. Because I can't work under pressure, so if I work with a weekly percentage salary it will be difficult for me because I have to reach the target.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: GideonGono on February 10, 2023, 06:54:36 PM
There are two categories of people when it comes to the choice of when to receive payment for work. There is the category that prefers it be paid weekly so they can off set bills as they come so they do not become a burden, while there is the category that prefers it monthly so they can plan well for the month.

If employers put out the option before you to either to be paid weekly or monthly for your job, which will you prefer? Please give reasons asides the ones I have stated to support your answer.



Would you prefer to be a contract staff for a company that is being paid a certain percentage for every job delivered, or would you prefer a job with a fixed monthly or weekly income? (Give a reason for your answer aside the reason that will be stated)

With percentage earnings, you can earn more and you will be very motivated to work, but the disadvantage will be when there is no job.
With Fixed earnings, you are sure of what to receive, but sometimes the workload you may encounter may be so much that the salary you are paid does not befit the work you put in.



Fixed monthly salary,
To be honest here I am receiving my salary every 15th and end of the month and due to that kind of payment, I tend to spend more because I know that my salary would just take a couple of days.
I don't manage my Salary that well and have small saving because of it.
I just feel that if it would be monthly I would pay more attention on how I spend it.
But of course it is all up to us on how we manage our money.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Fivestar4everMVP on February 10, 2023, 08:21:02 PM
If employers put out the option before you to either to be paid weekly or monthly for your job, which will you prefer? Please give reasons asides the ones I have stated to support your answer.

This is a tricky question I must say, Weekly payment is sweet, and would be the immediate choice if I'm not given the time to think properly.
But based on my experience so far with Weekly payments, I would prefer a monthly payment, simply because, with weekly payments, it's very difficult to save, Infact, it will take a lot of effort to save, this is because you would spend money any how with the believe that by the end of the week, another pay would role in, and if for any reason, the pay stopped coming, it is then only would you realized how wasteful you've been all the period you were receiving weekly Payments.
So I prefer monthly.

Quote

Would you prefer to be a contract staff for a company that is being paid a certain percentage for every job delivered, or would you prefer a job with a fixed monthly or weekly income? (Give a reason for your answer aside the reason that will be stated)
Personally, I hate uncertainties, if the pay is good enough, then I would prefer a fixed monthly or weekly income, I wouldn't mind the days the workload would be much, atleast, it automatically balances out with the days the workload was or is lesser than expected.

But in the case where the pay is not good for me, then I prefer a contract where the company pays me a certain percentage for every tasks I complete, I will work my butt off to make sure I earn a good amount of money, and in the days where there are no jobs to do, I will take that as an opportunity to give myself enough rest, or maybe look for other stuff to do by the side.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Fredomago on February 10, 2023, 09:36:08 PM
Actually there is no better or worse between monthly or weekly salary, it all depends on yourself which one is more suitable. But for me I prefer the monthly salary system because it's easy to practice and adjust to financial accounting which is usually once a month.

I prefer to be able to receive all the money each month and allocate it for various needs, including saving for the future. Because I can't work under pressure, so if I work with a weekly percentage salary it will be difficult for me because I have to reach the target.

That concept in terms of good money managements, accounting and allocating your finances in a monthly basis can be done accordingly, though still depends if how much money you are earning in terms of weekly basis, and how much is the percentage of your earnings, it also affects and justifiable if you can still save and still meets your needs, especially those who are earning a decent amount of money in a weekly and percentages base salaries.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: molsewid on February 10, 2023, 10:00:34 PM
There are two categories of people when it comes to the choice of when to receive payment for work. There is the category that prefers it be paid weekly so they can off set bills as they come so they do not become a burden, while there is the category that prefers it monthly so they can plan well for the month.

If employers put out the option before you to either to be paid weekly or monthly for your job, which will you prefer? Please give reasons asides the ones I have stated to support your answer.



Would you prefer to be a contract staff for a company that is being paid a certain percentage for every job delivered, or would you prefer a job with a fixed monthly or weekly income? (Give a reason for your answer aside the reason that will be stated)

With percentage earnings, you can earn more and you will be very motivated to work, but the disadvantage will be when there is no job.
With Fixed earnings, you are sure of what to receive, but sometimes the workload you may encounter may be so much that the salary you are paid does not befit the work you put in.



here in our jobs we are being paid monthly, it's not bad to have a salary month but I prefer it bi-weekly, I have encountered many things before that requires me to have a debt since our salary is monthly so no money in my pocket until I have salary. Many people have a bi-weekly salary some are weekly but it is few. Weekly is good, since we cannot predict unexpected things to happen.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: fadhilz123 on February 10, 2023, 11:01:44 PM
Salary and commission systems are indeed 2 different lines. My observation, people can choose whichever. the most important thing is to be enough to live on, hope to get more. Both have pluses and minuses, just as good. back to each other's souls.
Why do you consider things that are only sufficient to live to be important? Even though everyone is always trying to get more than that so they can have better development in their life and if you only think about commissions that are only enough to live on. I think it will always be difficult for you to get more things to be rich, because you only think about income that is sufficient for your life without wanting to think more than that.

Quote
I personally prefer to work with a commission salary because I'm still young and still maximizing my efforts to generate as much income as possible to get higher commissions. If the monthly salary income will not increase.
From how you feel now, is your monthly salary just enough to live on? Because in terms of looking for a higher income of course it is not seen from the age that is still young or old. This is a very clear and logical thing that you can find in your own environment where everyone who works is of course because there is a motivation to be rich while still living in this world.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: pantek talacuik on February 11, 2023, 03:19:05 PM
Actually there is no better or worse between monthly or weekly salary, it all depends on yourself which one is more suitable. But for me I prefer the monthly salary system because it's easy to practice and adjust to financial accounting which is usually once a month.

I prefer to be able to receive all the money each month and allocate it for various needs, including saving for the future. Because I can't work under pressure, so if I work with a weekly percentage salary it will be difficult for me because I have to reach the target.

Having 2 incomes every week and once a month is a very good thing, if I can choose to be able to earn both of these salaries. although this sounds greedy but it is humane. humans will never feel satisfied with what they have every year. sometimes wonder about it but that's the reality of the world.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: MoonOfLife on February 11, 2023, 04:05:23 PM
Actually there is no better or worse between monthly or weekly salary, it all depends on yourself which one is more suitable. But for me I prefer the monthly salary system because it's easy to practice and adjust to financial accounting which is usually once a month.

I prefer to be able to receive all the money each month and allocate it for various needs, including saving for the future. Because I can't work under pressure, so if I work with a weekly percentage salary it will be difficult for me because I have to reach the target.

Having 2 incomes every week and once a month is a very good thing, if I can choose to be able to earn both of these salaries. although this sounds greedy but it is humane. humans will never feel satisfied with what they have every year. sometimes wonder about it but that's the reality of the world.

You are not greedy, and I don't care too much about getting paid weekly or monthly, what I care about is having a job that pays well and has multiple sources of income as best. Once we have multiple sources of income or a high salary, then we won't need to worry about running out of money or paying our monthly bills because we always have money.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: m2017 on February 11, 2023, 04:15:06 PM
I would prefer a job with weekly pay. If suddenly the Earth stops at the end of the month and I haven't received my paycheck yet, I'll be upset. :) I like the weekly model better than the monthly one. Completed 1 milestone (1 week) - received payment, completed one more - received again. In principle, the final amount per month will be the same, but this way the money will always be at hand in case of urgent need. So more comfortable.

I like the option: part of the salary is paid in a fixed amount, and part - % of the work performed. So there will always be a guaranteed amount, but at the same time there will be an incentive to be active. A completely different question is what will be the fixed amount and what % of the reward. Here it is already necessary to look specifically at the situation.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Eternad on February 11, 2023, 05:00:03 PM
Actually there is no better or worse between monthly or weekly salary, it all depends on yourself which one is more suitable. But for me I prefer the monthly salary system because it's easy to practice and adjust to financial accounting which is usually once a month.

I prefer to be able to receive all the money each month and allocate it for various needs, including saving for the future. Because I can't work under pressure, so if I work with a weekly percentage salary it will be difficult for me because I have to reach the target.
It will depend on how we managed our finances, some allotted their 1st week payment for food budget, then their other weeks is for bills and etc. Though in bounties or crypto works, It is better to be in weekly payment since we're not sure whether the companies will pay but in actual physical jobs I will not mind if it's monthly or weekly as long as I was able to budget it. Though at this times I prefer to have more jobs and sidelines that will allow me to withdraw anytime like doing online selling or small businesses.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Cling18 on February 11, 2023, 05:02:44 PM
Weekly pay is my preferred payment for I will be able to buy all my necessities for a week and I will also be able to cope with the expenses. Dividing my weekly salary for my expences and savings will never be a problem if I will receive the right amount of salary after a few days.
I also prefer a fixed amount of payment so there will be a guarantee that I could receive a salary with or without workload without worrying to reach a target quota. Percentage earning will be a risk especially if our job needs a target number of workload to reach.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: ivankoh on February 11, 2023, 06:57:53 PM
In the year 2022, the company I work for voted to experiment with salary payments every 1/2 months.  It is a favorite experience for me, the salary every 2 weeks helps me to control my living expenses and regulate it accordingly.  Unfortunately after a 3 month trial, a vote was made and finally returned to the monthly salary.  Nowadays, all types of businesses apply basic salary that increases according to sales performance and targets, I like this job.  It creates great momentum.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Wakate on February 11, 2023, 11:37:48 PM
Everybody wants to live a comfortable lifestyle with having to stress yourselves going to work and getting out of work. We want to work and get paid as soon as possible without any delay because there might be some bills and might be waiting for such money. If we will have to wait for a month, that would really stress us mostly when there is no money to pay bills.

I will always prefer getting paid weekly so I can always attent to my problems at the right time, without having to wait for a month before getting things solved.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: fuer44 on February 12, 2023, 02:55:45 AM
From an employee's point of view, a fixed monthly salary would be more convenient. If the salary is weekly, we might think about using the money faster that week and it doesn't feel like in a month we have almost no savings. And if the salary is a presentation of the work we do, it's like forcing us to work beyond the company's targets.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: noormcs5 on February 12, 2023, 03:28:41 AM
There are two categories of people when it comes to the choice of when to receive payment for work. There is the category that prefers it be paid weekly so they can off set bills as they come so they do not become a burden, while there is the category that prefers it monthly so they can plan well for the month.

If employers put out the option before you to either to be paid weekly or monthly for your job, which will you prefer? Please give reasons asides the ones I have stated to support your answer.



Would you prefer to be a contract staff for a company that is being paid a certain percentage for every job delivered, or would you prefer a job with a fixed monthly or weekly income? (Give a reason for your answer aside the reason that will be stated)

With percentage earnings, you can earn more and you will be very motivated to work, but the disadvantage will be when there is no job.
With Fixed earnings, you are sure of what to receive, but sometimes the workload you may encounter may be so much that the salary you are paid does not befit the work you put in.




It depends on situation to situation and we cannot say that the fixed pay job is better or a percentage based job is better. For example if your fixed pay is a good amount then for sure this may be a better option. Also the fix pay grantee is the certain amount in your bank account on monthly basis which give you a piece of mind.
However sometimes the percentage based job can be more attractive as the more you work the more you can increase your income. However , there is no income granted in case your unable to find relevant work the percentage will go down as well.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: summonerrk on February 12, 2023, 10:35:09 AM
From an employee's point of view, a fixed monthly salary would be more convenient. If the salary is weekly, we might think about using the money faster that week and it doesn't feel like in a month we have almost no savings. And if the salary is a presentation of the work we do, it's like forcing us to work beyond the company's targets.

It turns out that the frequency of remuneration is an individual value, which depends on the self-discipline of each person. It is best to try to plan a budget for three months ahead. This gives an understanding of how much will be spent in the near future, protection against spontaneous purchases. If you accustom yourself to this view of spending and the budget, then the monthly salary will be acceptable. I also advise you to write down all your expenses, this gives you an understanding of how much to spend per month at all. And for which things.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: mindrust on February 12, 2023, 10:43:41 AM
The answer is "daily."

That's why I don't work for somebody. I do my own business and I get paid daily because I work every day. Why would anybody say "monthly" anyway? What about "yearly"?

The idea is, the more you wait to get paid, the more you get pwned by the inflation. Why would you agree to wait to get paid while everything goes up in price? The sooner you get paid, the better.

If "daily" isn't enough, try "hourly".


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: tjtonmoy on February 12, 2023, 08:06:15 PM
The best type of payment structure will depend on an individual's personal financial situation and preferences, as well as the type of work they do. Some may prefer the stability of a fixed salary, while others may be willing to take on the risk of a percentage-based earning structure in exchange for the potential for higher earnings, just as you mentioned.

For me, I choose fixed monthly income. I know I will get to the end and not have to worry about it much. Also, that way I can make a perfect plan for my spending and do it correctly. With weekly payments, it's hard to do that.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Uruhara on February 13, 2023, 01:41:07 AM
if in this type of work in a company then I actually prefer a salary system that is paid monthly. and maybe because I'm used to such a salary system.
in monthly paydays and even every payday we can see details such as deductions, allowances, bonuses, basic salary in the details of the payroll (payroll). and because we have a fixed salary so we can manage finances quite easily for each month.

but if it's about the type of side job then the weekly pay is much better. because usually the money from the salary of a side job is used to meet daily needs which sometimes we need at any time. or to meet the cost needs of a hobby.

and just knowledge that even in the monthly salary system within the company there are certain different methods.

for example :
1). gross method (the company pays gross salaries to its employees without deducting taxes/health insurance and so on)
2). gross up method (company pays gross salary + additional salary to pay taxes/health insurance and so on).
3). Net method (the salary received by employees in this method is the net salary, that is, the salary received by the employee has already been deducted by the company for taxes and health insurance and so on)

and the third method is the most widely used by factories and large companies. while methods 1 and 2 are usually used more by freelance daily workers or in small companies or restaurants, department stores and so on.
(reference (https://www.gramedia.com/literasi/pengertian-payroll/amp/))


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: MarjorieZimmermanGinger on February 13, 2023, 02:57:14 AM
There are two categories of people when it comes to the choice of when to receive payment for work. There is the category that prefers it be paid weekly so they can off set bills as they come so they do not become a burden, while there is the category that prefers it monthly so they can plan well for the month.

If employers put out the option before you to either to be paid weekly or monthly for your job, which will you prefer? Please give reasons asides the ones I have stated to support your answer.
Not all companies that pay workers use a weekly pattern, in the area where I live more jobs are paid monthly, but actually the weekly and monthly salaries are not much different because they follow the UMP from the government. In our place, if you prefer weekly salary then unskilled labor is an option (Bare Labor), as most companies use monthly salary format.

If given a choice, I would like to know in advance what kind of work contract will be paid using a weekly and monthly pattern, because as I said before, most companies do not use a salary payment pattern using a weekly format. To be honest, people choose a job not solely because of the weekly or monthly salary, but rather the comfort level and annual contract provided by one of the companies where they work.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: posi on February 13, 2023, 05:25:52 AM
The answer is "daily."

That's why I don't work for somebody. I do my own business and I get paid daily because I work every day. Why would anybody say "monthly" anyway? What about "yearly"?

The idea is, the more you wait to get paid, the more you get pwned by the inflation. Why would you agree to wait to get paid while everything goes up in price? The sooner you get paid, the better.

If "daily" isn't enough, try "hourly".

Not everyone can be a boss or have a business of their own like you. When it comes to money, everyone wants to have a lot of money, and if they get a wish, people will want to receive it every second, not wait for hours and months to receive it. But when you're just an employee, you can't decide that.

I don't care when I will get my salary, what I care about is how much I earn. If it's a very high salary, 10 times other people's income, I'm willing to take it quarterly or annually.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: xSkylarx on February 13, 2023, 06:17:14 AM
The answer is "daily."

That's why I don't work for somebody. I do my own business and I get paid daily because I work every day. Why would anybody say "monthly" anyway? What about "yearly"?

The idea is, the more you wait to get paid, the more you get pwned by the inflation. Why would you agree to wait to get paid while everything goes up in price? The sooner you get paid, the better.

If "daily" isn't enough, try "hourly".

Lucky for you who have business, but for us employees, we have a hard time budgeting our money and also finding the best time to be paid so that we can budget it and have it last us until payday. I don't know how you'd pay your employees, but I am hoping that you are taking care of them so that no matter whether you pay them weekly or monthly, they are happy since their salary is enough. Also, imagine paying your employees hourly. How would you do the paper work, lol? Unless you don't do any paperwork and just pay them out of your pocket and you're not tracking your expenses in your business.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: pantek talacuik on February 14, 2023, 08:09:47 AM
Actually there is no better or worse between monthly or weekly salary, it all depends on yourself which one is more suitable. But for me I prefer the monthly salary system because it's easy to practice and adjust to financial accounting which is usually once a month.

I prefer to be able to receive all the money each month and allocate it for various needs, including saving for the future. Because I can't work under pressure, so if I work with a weekly percentage salary it will be difficult for me because I have to reach the target.

Having 2 incomes every week and once a month is a very good thing, if I can choose to be able to earn both of these salaries. although this sounds greedy but it is humane. humans will never feel satisfied with what they have every year. sometimes wonder about it but that's the reality of the world.

You are not greedy, and I don't care too much about getting paid weekly or monthly, what I care about is having a job that pays well and has multiple sources of income as best. Once we have multiple sources of income or a high salary, then we won't need to worry about running out of money or paying our monthly bills because we always have money.

It seems you are short minded for this world and only concerned with money to continue to be able to live in the future. sometimes it's so human that you will never be satisfied with all of this. What you say is the dream of many people to be able to calmly pay their monthly debts but life is not just making money friends.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: bakasabo on February 14, 2023, 08:55:09 AM
The answer is "daily."

That's why I don't work for somebody. I do my own business and I get paid daily because I work every day. Why would anybody say "monthly" anyway? What about "yearly"?

The idea is, the more you wait to get paid, the more you get pwned by the inflation. Why would you agree to wait to get paid while everything goes up in price? The sooner you get paid, the better.

If "daily" isn't enough, try "hourly".

Why not then think about receiving payment every minute or second? That will completely minimize inflation "pwnage". What about those who hold or save? If they want to buy, lets say a 2 weeks vacation, what should they do? Earn that amount daily? Cant imagine what job should it be to earn so much.

It is good that you can be your own boss and get paid daily. Do you work alone or have a colleagues or a team? I am not trying to offend you, but the job you do perhaps isnt hard or require special skills or technology. Paid daily = work must be done in 1 day. Right ? And you are most likely paid in cash. Is your work seasonal or influenced highly by demand? What about the situation when you have no work to do today? You earn zero that day? That is why I prefer monthly payment. There are days when you work little, but still receive regular payment.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: D ltr on February 14, 2023, 09:23:47 AM
My financial manager is not very good so I personally prefer to be paid with a weekly system where it is easier for me to calculate expenses in one day. and I can pay bills faster and can still save every month. but everyone has their own opinion, that's why I prefer weekly over monthly


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: flying_bit on February 14, 2023, 09:34:56 AM
There are two categories of people when it comes to the choice of when to receive payment for work. There is the category that prefers it be paid weekly so they can off set bills as they come so they do not become a burden, while there is the category that prefers it monthly so they can plan well for the month.

If employers put out the option before you to either to be paid weekly or monthly for your job, which will you prefer? Please give reasons asides the ones I have stated to support your answer.

For the weekly vs monthly payment, I say bi-weekly. This will minimize the paper works (payroll work) but will also convenient for your employees. Works best for any business.


Would you prefer to be a contract staff for a company that is being paid a certain percentage for every job delivered, or would you prefer a job with a fixed monthly or weekly income? (Give a reason for your answer aside the reason that will be stated)

With percentage earnings, you can earn more and you will be very motivated to work, but the disadvantage will be when there is no job.
With Fixed earnings, you are sure of what to receive, but sometimes the workload you may encounter may be so much that the salary you are paid does not befit the work you put in.




Can I choose both? Base pay with commission! The base pay makes you keep your employee since they know that they have stable income while the commission/percentage earnings is for keeping them "highly" motivated. People I know from ecommerce and real estate business follow that salary package.



Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Wong Gendheng on February 14, 2023, 03:15:59 PM
I think weekly income is certainly better than monthly, there will be many benefits that we can get if we get a weekly salary, for example we can use for investment or other businesses, and I think the percentage is better and fair than a fixed salary, usually if we get a percentage of salary then it depends with the quality and ability of our work.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: isaac_clarke22 on February 14, 2023, 04:11:22 PM
~
People say monthly like me, since monthly bills are like the common stuff to worry about when dealing with our finances. I believe other people are talking about yearly when it comes to filing taxes and I have observed that mostly in 1st world countries. Here in my country which is a third world country, carefully observes "monthly" pay if that can sustain monthly needs as well as if there's still plenty of room or an overhead for luxury.

And you're right that you'll get pwned by inflation, the later you get paid. Transportation to work these days are already pain in the ass.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Iroh on February 14, 2023, 04:38:53 PM
My financial manager is not very good so I personally prefer to be paid with a weekly system where it is easier for me to calculate expenses in one day. and I can pay bills faster and can still save every month. but everyone has their own opinion, that's why I prefer weekly over monthly

I don’t really see how your financial manager being not very good relates to how you would like to be paid. Besides, why would you have a financial manager that isn’t very good and still retain him while that would make you to prefer a weekly payment to a monthly one.
I must admit, having a weekly pay has its perks. You get paid weekly and can solve minor emergencies as they arise and if you’re prudent enough, still have some left over for some savings.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Pejoh Asu on February 15, 2023, 06:26:30 AM
My financial manager is not very good so I personally prefer to be paid with a weekly system where it is easier for me to calculate expenses in one day. and I can pay bills faster and can still save every month. but everyone has their own opinion, that's why I prefer weekly over monthly

I don’t really see how your financial manager being not very good relates to how you would like to be paid. Besides, why would you have a financial manager that isn’t very good and still retain him while that would make you to prefer a weekly payment to a monthly one.
I must admit, having a weekly pay has its perks. You get paid weekly and can solve minor emergencies as they arise and if you’re prudent enough, still have some left over for some savings.

For those who can manage finances well, a weekly salary is a good thing, most people are too easily tempted to shop on weekends so all the salary they get is used up, but if we can leave it for investment even with a small value then weekly salary is better than monthly.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Davian144 on February 15, 2023, 08:43:30 AM
For those who can manage finances well, a weekly salary is a good thing, most people are too easily tempted to shop on weekends so all the salary they get is used up, but if we can leave it for investment even with a small value then weekly salary is better than monthly.
Basically every salary is good and also useful for life because it is part of the results of work every week and also in every month. And for me, those who receive a salary on a weekly or monthly basis are actually not much different if they can save it according to their basic needs. Because what makes the salary look small or not enough is prestige and too often follows a lifestyle that even that is not always needed by everyone.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: pantek talacuik on February 15, 2023, 01:41:03 PM
My financial manager is not very good so I personally prefer to be paid with a weekly system where it is easier for me to calculate expenses in one day. and I can pay bills faster and can still save every month. but everyone has their own opinion, that's why I prefer weekly over monthly

I don’t really see how your financial manager being not very good relates to how you would like to be paid. Besides, why would you have a financial manager that isn’t very good and still retain him while that would make you to prefer a weekly payment to a monthly one.
I must admit, having a weekly pay has its perks. You get paid weekly and can solve minor emergencies as they arise and if you’re prudent enough, still have some left over for some savings.

For those who can manage finances well, a weekly salary is a good thing, most people are too easily tempted to shop on weekends so all the salary they get is used up, but if we can leave it for investment even with a small value then weekly salary is better than monthly.

It's the right choice to save what you have later. there are many things you can arrange to make your money or investment run smoothly. With a weekly paycheck being a great alternative to split dk's income


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Inwestour on February 15, 2023, 04:23:29 PM

Basically every salary is good and also useful for life because it is part of the results of work every week and also in every month. And for me, those who receive a salary on a weekly or monthly basis are actually not much different if they can save it according to their basic needs. Because what makes the salary look small or not enough is prestige and too often follows a lifestyle that even that is not always needed by everyone.
If we talk about salary, then I have never dealt with weekly payments before, my first such experience was payments for signature campaigns. I will say that this is convenient, because if for some reason we are not paid, then we will not have to wait a whole mounth to understand that there will be no payment, and it will be possible to change the campaign early on next week.

It would not be bad if something like this was practiced on a work, but it’s probably not so simple, because you need to form a payroll, issue a salary, sometimes it is paid in cash and, in the end, it is beneficial for the employer to pay at the end of the month, since he can use money all month.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: doomloop on February 15, 2023, 07:49:50 PM
For those who can manage finances well, a weekly salary is a good thing, most people are too easily tempted to shop on weekends so all the salary they get is used up, but if we can leave it for investment even with a small value then weekly salary is better than monthly.
Basically every salary is good and also useful for life because it is part of the results of work every week and also in every month. And for me, those who receive a salary on a weekly or monthly basis are actually not much different if they can save it according to their basic needs. Because what makes the salary look small or not enough is prestige and too often follows a lifestyle that even that is not always needed by everyone.
It is different for me, when I get weekly I fail to live according to how I should, monthly is better. My expenses are monthly, rent, electricity, internet, phone, heating, water, everything is monthly, so I should be getting monthly as well. I have been doing a lot better that way and it's easier to manage.

However, companies are even harder, they make money based on each sale, so if they are doing good, that's not confusing, but there are some who make a ton sometimes, and then for a few months make nothing, making sure that runs is a very difficult one, like make 30k a month, then nothing for 3 months, how do you manage to live like that? I wouldn't be able to.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: browsiek on February 17, 2023, 11:06:48 AM
For those who can manage finances well, a weekly salary is a good thing, most people are too easily tempted to shop on weekends so all the salary they get is used up, but if we can leave it for investment even with a small value then weekly salary is better than monthly.
Basically every salary is good and also useful for life because it is part of the results of work every week and also in every month. And for me, those who receive a salary on a weekly or monthly basis are actually not much different if they can save it according to their basic needs. Because what makes the salary look small or not enough is prestige and too often follows a lifestyle that even that is not always needed by everyone.
That's right, whenever payday is given be it weekly or monthly it has no effect at all, but how can we manage it properly.  What we have to apply is how much is spent in a day and how much is spent in a month to pay for electricity, internet, etc.  It must adjust to our income so that expenses are not greater than income.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: AicecreaME on February 17, 2023, 12:08:45 PM
I would prefer weekly payment, so that I could save early and I can easily set a budget for everything per week. Also the other reason is that just in case some emergency happens and I needed the money, I will not borrow from my friends or the last choice would be in bank that will just give me another problem because of the interest.

For me weekly salary is much better because that would help me as well to relax, like I can see my hard work finally pays off, especially when you just started a job, it feels great.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Davian144 on February 17, 2023, 12:43:05 PM
If we talk about salary, then I have never dealt with weekly payments before, my first such experience was payments for signature campaigns. I will say that this is convenient, because if for some reason we are not paid, then we will not have to wait a whole mounth to understand that there will be no payment, and it will be possible to change the campaign early on next week.
If the example is likened to a signature campaign, it is clear that weekly paychecks are more profitable because there is no need to wait for paychecks at the end of the month. But if you have experience in bounty projects that usually don't pay salaries weekly, I don't think it's suitable to be used as a good example because it still isn't necessarily paid on time and can even be missed by more than a month which is very annoyed the participants.

Quote
It would not be bad if something like this was practiced on a work, but it’s probably not so simple, because you need to form a payroll, issue a salary, sometimes it is paid in cash and, in the end, it is beneficial for the employer to pay at the end of the month, since he can use money all month.
On average, the employers at my place always pay the salaries of their workers at the end of the month and here at my place no one pays weekly salaries to their workers. But at my place there are one or two employers who always pay their employees' salaries every day after they work and come home in the afternoon. I think it's also good that employers don't need to make payroll for their employees except for a record of spending some money to keep privately.

That's right, whenever payday is given be it weekly or monthly it has no effect at all, but how can we manage it properly.  What we have to apply is how much is spent in a day and how much is spent in a month to pay for electricity, internet, etc.  It must adjust to our income so that expenses are not greater than income.
As for the problem of how to manage every expenditure of money that is already seen as an obligation, it clearly depends on each individual and also on the amount of income for each person personally. Because it will not be possible to spend more money if the income is small except for people whose hobbies are indebted to other people using many reasons.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Fredomago on February 17, 2023, 02:36:57 PM
For those who can manage finances well, a weekly salary is a good thing, most people are too easily tempted to shop on weekends so all the salary they get is used up, but if we can leave it for investment even with a small value then weekly salary is better than monthly.
Basically every salary is good and also useful for life because it is part of the results of work every week and also in every month. And for me, those who receive a salary on a weekly or monthly basis are actually not much different if they can save it according to their basic needs. Because what makes the salary look small or not enough is prestige and too often follows a lifestyle that even that is not always needed by everyone.

If they can save it accordingly and they are good in managing their finances, both are okay in terms of receiving your salaries it will depends from how you agree with your expected amount, even if you will earn it in a weekly or a monthly basis, as long as you are managing your finances the right way, it's still better to have something to expect than nothing.

I mean, those who can control their expenses and they are good at allocating every finances that needed, they can manage to survive whatever kind of expectation that they will going to receive their finances.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: visionE2 on February 17, 2023, 03:04:23 PM
For those who can manage finances well, a weekly salary is a good thing, most people are too easily tempted to shop on weekends so all the salary they get is used up, but if we can leave it for investment even with a small value then weekly salary is better than monthly.
Basically every salary is good and also useful for life because it is part of the results of work every week and also in every month. And for me, those who receive a salary on a weekly or monthly basis are actually not much different if they can save it according to their basic needs. Because what makes the salary look small or not enough is prestige and too often follows a lifestyle that even that is not always needed by everyone.
Yes, actually the monthly or weekly salary is the same, as long as you can manage your own finances. Don't be tempted by spending money for nothing. For myself, the way to manage finances is (50,30,20). It's better to set aside the money I get, remember to set it aside, don't leave it, for example, the distribution is 50/30/20: 50% basic needs 30% savings/investment 20% wants .


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: livingfree on February 17, 2023, 09:11:48 PM
I would prefer weekly payment, so that I could save early and I can easily set a budget for everything per week. Also the other reason is that just in case some emergency happens and I needed the money, I will not borrow from my friends or the last choice would be in bank that will just give me another problem because of the interest.

For me weekly salary is much better because that would help me as well to relax, like I can see my hard work finally pays off, especially when you just started a job, it feels great.
There's a reason why every scheme is good depending on our need. I've experienced with my friends that they've asked me for some money because they haven't got their paychecks yet.

Just as them, I haven't received mine and that's why I've told them that we're on the same page and can't help them on that matter.

That situation is usually happening because we don't create budgeting and planning once we receive our salary. IMO, any will do but I have to set a budget depending on how long I have to wait to receive my paycheck.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: mindrust on February 18, 2023, 12:18:43 PM
Not everyone can be a boss or have a business of their own like you. When it comes to money, everyone wants to have a lot of money, and if they get a wish, people will want to receive it every second, not wait for hours and months to receive it. But when you're just an employee, you can't decide that.

I don't care when I will get my salary, what I care about is how much I earn. If it's a very high salary, 10 times other people's income, I'm willing to take it quarterly or annually.

Lucky for you who have business, but for us employees, we have a hard time budgeting our money and also finding the best time to be paid so that we can budget it and have it last us until payday. I don't know how you'd pay your employees, but I am hoping that you are taking care of them so that no matter whether you pay them weekly or monthly, they are happy since their salary is enough. Also, imagine paying your employees hourly. How would you do the paper work, lol? Unless you don't do any paperwork and just pay them out of your pocket and you're not tracking your expenses in your business.

Why not then think about receiving payment every minute or second? That will completely minimize inflation "pwnage". What about those who hold or save? If they want to buy, lets say a 2 weeks vacation, what should they do? Earn that amount daily? Cant imagine what job should it be to earn so much.

It is good that you can be your own boss and get paid daily. Do you work alone or have a colleagues or a team? I am not trying to offend you, but the job you do perhaps isnt hard or require special skills or technology. Paid daily = work must be done in 1 day. Right ? And you are most likely paid in cash. Is your work seasonal or influenced highly by demand? What about the situation when you have no work to do today? You earn zero that day? That is why I prefer monthly payment. There are days when you work little, but still receive regular payment.

People say monthly like me, since monthly bills are like the common stuff to worry about when dealing with our finances. I believe other people are talking about yearly when it comes to filing taxes and I have observed that mostly in 1st world countries. Here in my country which is a third world country, carefully observes "monthly" pay if that can sustain monthly needs as well as if there's still plenty of room or an overhead for luxury.

And you're right that you'll get pwned by inflation, the later you get paid. Transportation to work these days are already pain in the ass.

I think most people who work for somebody else is not determined enough to start their own business. All I see here is you making up excuses.

"We don't have the capital maan"
"What about the bills bruh?"
"We are not qualified to get paid dailiee!"

Read about the people that started big businesses in history. Most of them started with nothing till they get to the top.

Think big.

Take some risks!



Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Asiska02 on February 18, 2023, 01:49:50 PM
There are two categories of people when it comes to the choice of when to receive payment for work. There is the category that prefers it be paid weekly so they can off set bills as they come so they do not become a burden, while there is the category that prefers it monthly so they can plan well for the month.

If employers put out the option before you to either to be paid weekly or monthly for your job, which will you prefer? Please give reasons asides the ones I have stated to support your answer.

I'll undoubtedly choose weekly pay and will do so a thousand times because I'm very comfortable with it. Having a weekly pay helps you minimize your wants and unnecessary spending because you know you'll be limited to a certain pay for that week when compared to receiving times 4 of that amount on a monthly basis. Weekly pay relieves the stress of having to accumulate to pay taxes or settle debts, so it's a better option for me than monthly pay.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: S A KHAIR on February 18, 2023, 03:43:22 PM
There are two categories of people when it comes to the choice of when to receive payment for work. There is the category that prefers it be paid weekly so they can off set bills as they come so they do not become a burden, while there is the category that prefers it monthly so they can plan well for the month.

If employers put out the option before you to either to be paid weekly or monthly for your job, which will you prefer? Please give reasons asides the ones I have stated to support your answer.

I'll undoubtedly choose weekly pay and will do so a thousand times because I'm very comfortable with it. Having a weekly pay helps you minimize your wants and unnecessary spending because you know you'll be limited to a certain pay for that week when compared to receiving times 4 of that amount on a monthly basis. Weekly pay relieves the stress of having to accumulate to pay taxes or settle debts, so it's a better option for me than monthly pay.

Monthly salary or weekly salary makes no difference, what you are talking about is just your spending plan. If you adjust your spending plan monthly, it won't make any difference, as your salary won't change. I never thought of this because I always have a plan when I receive my monthly salary or my spending plan will change when the pay period changes.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Inwestour on February 18, 2023, 07:07:29 PM
On average, the employers at my place always pay the salaries of their workers at the end of the month and here at my place no one pays weekly salaries to their workers. But at my place there are one or two employers who always pay their employees' salaries every day after they work and come home in the afternoon. I think it's also good that employers don't need to make payroll for their employees except for a record of spending some money to keep privately.

Daily payment is more like illegal work, like moving, or something like that, I don’t think that for somewhere there is a practice of daily payment at official work, it is too laborious for accounting and reporting.

I used to work at a job where you could take an advance once every two weeks. For most workers, the payment was once a month, but if someone needed it, you could ask the boss and he paid an advance, half the salary. But this was an exception, because we had a guy who rented an apartment and he did not always have enough money to buy food.

Mostly it's monthly payments, because it is so convenient for the employer, after all, whoever pays sets the rules, it has always been that way.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Bobrox on February 18, 2023, 08:10:59 PM
Based on my country regulation have monthly payment for every companies and seems worth or excited when have boss will give weekly payment, I think depend on manager and staff agreement about their salary payment kinds with weekly or monthly but I think good priority for worker and manager financial controlling.

Since last several years worked at one of start up company I accepted with monthly payment and there are not space for receiving weekly payment due regulation contract and seems impossible with legal company allowed payment in weekly, but have some illegal job will get payment in daily but there are not any guarantee with safe working and seems not recommended work there.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Mahanton on February 18, 2023, 08:31:02 PM
There are two categories of people when it comes to the choice of when to receive payment for work. There is the category that prefers it be paid weekly so they can off set bills as they come so they do not become a burden, while there is the category that prefers it monthly so they can plan well for the month.

If employers put out the option before you to either to be paid weekly or monthly for your job, which will you prefer? Please give reasons asides the ones I have stated to support your answer.

I'll undoubtedly choose weekly pay and will do so a thousand times because I'm very comfortable with it. Having a weekly pay helps you minimize your wants and unnecessary spending because you know you'll be limited to a certain pay for that week when compared to receiving times 4 of that amount on a monthly basis. Weekly pay relieves the stress of having to accumulate to pay taxes or settle debts, so it's a better option for me than monthly pay.

Monthly salary or weekly salary makes no difference, what you are talking about is just your spending plan. If you adjust your spending plan monthly, it won't make any difference, as your salary won't change. I never thought of this because I always have a plan when I receive my monthly salary or my spending plan will change when the pay period changes.
If we do speak only about monthly or weekly salary then its true about having that spending plan would really be that relevant but if we do speak about fixed and commission based then it would really be all the difference.We do know that not all people would really be good on marketing on something and if you are really just depending or basing up on commissions then you would be finding yourself getting fucked up
if you dont have any sales thats why its never really be that the same if we do speak about sustainability.This is why lots of people would really be basing or preferring on sticking with
fixed salary rather than on commission based whether it would be monthly or weekly pay then there's no difference.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: rahmad2nd on February 18, 2023, 10:52:11 PM
I would prefer weekly payment, so that I could save early and I can easily set a budget for everything per week. Also the other reason is that just in case some emergency happens and I needed the money, I will not borrow from my friends or the last choice would be in bank that will just give me another problem because of the interest.

For me weekly salary is much better because that would help me as well to relax, like I can see my hard work finally pays off, especially when you just started a job, it feels great.

However, that too with the condition that the salary you receive is in accordance with the minimum wage where you come from. even then if it meets all your basic needs, if not, you automatically have to find a more decent job with an appropriate salary. Or, you have to find a second job to meet your basic basic needs.

Amid the turmoil of the crisis that hit the world economy, to get a decent job with a fairly high salary is something that is rare. even if you have a high degree plus experience. There is no guarantee that you will get a good job, especially with a high salary. but in the end, it all depends on the choice you like, whether it's a weekly or monthly salary, it's all up to what you expect and want.

Nevertheless, the main problem is, how can we get a decent job according to the skills we have, especially with a relatively high salary. the issue of weekly payments or monthly payments for me is the same. most importantly, have a job and income in accordance with the skills we have.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: S A KHAIR on February 19, 2023, 09:01:31 AM
There are two categories of people when it comes to the choice of when to receive payment for work. There is the category that prefers it be paid weekly so they can off set bills as they come so they do not become a burden, while there is the category that prefers it monthly so they can plan well for the month.

If employers put out the option before you to either to be paid weekly or monthly for your job, which will you prefer? Please give reasons asides the ones I have stated to support your answer.

I'll undoubtedly choose weekly pay and will do so a thousand times because I'm very comfortable with it. Having a weekly pay helps you minimize your wants and unnecessary spending because you know you'll be limited to a certain pay for that week when compared to receiving times 4 of that amount on a monthly basis. Weekly pay relieves the stress of having to accumulate to pay taxes or settle debts, so it's a better option for me than monthly pay.

Monthly salary or weekly salary makes no difference, what you are talking about is just your spending plan. If you adjust your spending plan monthly, it won't make any difference, as your salary won't change. I never thought of this because I always have a plan when I receive my monthly salary or my spending plan will change when the pay period changes.
If we do speak only about monthly or weekly salary then its true about having that spending plan would really be that relevant but if we do speak about fixed and commission based then it would really be all the difference.We do know that not all people would really be good on marketing on something and if you are really just depending or basing up on commissions then you would be finding yourself getting fucked up
if you dont have any sales thats why its never really be that the same if we do speak about sustainability.This is why lots of people would really be basing or preferring on sticking with
fixed salary rather than on commission based whether it would be monthly or weekly pay then there's no difference.

Base salary and commission-based pay are another matter. If it were me, I would choose the basic salary because I have a family, and I need a stable income to take care of my family. I think the commission based salary will suit young, unmarried people who can challenge to achieve bigger things.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: WatChe on February 19, 2023, 09:27:14 AM
It is different for me, when I get weekly I fail to live according to how I should, monthly is better. My expenses are monthly, rent, electricity, internet, phone, heating, water, everything is monthly, so I should be getting monthly as well. I have been doing a lot better that way and it's easier to manage.

However, companies are even harder, they make money based on each sale, so if they are doing good, that's not confusing, but there are some who make a ton sometimes, and then for a few months make nothing, making sure that runs is a very difficult one, like make 30k a month, then nothing for 3 months, how do you manage to live like that? I wouldn't be able to.

Companies offer pay package that suits them not the other way round. The country where I live people are paid on monthly basis. There are very few companies that share there profit with there employees majority of companies these days offer fixed pay package.
If I have to choose between monthly or weekly packages, I will go with monthly since that's how the complete ecosystem works. Fixed pay is the best option if you have to do a job. If you are thinking big go for your own business.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: isaac_clarke22 on February 19, 2023, 05:12:51 PM
Most of them started with nothing till they get to the top.
Well I am not making up excuses though. It's just the reality. I gotta start somewhere first. I attempted to build my freelancing business in Upwork before my corporate job and not a single soul wants to buy my services since I still do not have the experience to do such thing. I stopped freelancing around 2017 since it was just not working out after I spent all my Connects for proposals then pursued a corporate job outside my town then gained some experience in Software Dev. Few years ahead, no need to tell stories on my specific experiences there, I just quit my corporate job and "restarted" doing my freelancing business at Upwork and oh boy, the invitations were overwhelming at the second week.

Just because it was done by other people like even those college dropouts or started from "nothing", does not mean it is doable by everyone. Those people that went big in their businesses sharing their story surely does not tell all the whole story. Surely most of them got lucky and surely most of them got connections to advertise or help their business and they just don't want to admit it. Not everyone has the same connection/network or even luck.

I would say, take at least a calculated risk. I know the point you're trying to across, but it is just not falling in the same place at the same time for everyone.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: panganib999 on February 19, 2023, 06:03:53 PM
There are pros and cons to both. Incidentally, most people who have been accustomed to the pay nature of a regular 9-5 would prefer the consistent pay compared to percentage earnings. For reference I listed down the pros and cons of each options, and why they both appeal to the public.

Weekly Pay Pros
  • Consistent dependable pay
Weekly Pay Cons
  • Insinuates the habit of spending, since "you can always depend on next week's pay anyway"
  • Will activate a positive feedback cycle on your psyche that will disable you from every being able to save money
  • Is mostly used by corporations to trap their employees to live paycheck to paycheck

Monthly Pay Pros
  • Large enough to encourage spending
  • Inspires the habit of saving money

Monthly Pay Cons
  • Is not as dependable as a weekly paycheck
  • Will probably not work for first-time employees since they heavily depend on a consistent and regular pay

Fixed Pay Grade Pros
  • Salary deductions are easily trackable
  • dependable and regular

Fixed Pay Cons
  • No opportunity for growth, since salary will stay the same throughout your career
  • Is unreliable against inflation

Percentage/Commission Pay Pros
  • High enough to help you save
  • Is probably the best way to get paid

Percentage/Commission Pay Cons
  • Highly dependent upon one's efforts and sales skills
  • Not as reliable as fixed salary, lack of sales means lack of pay

In any case, As a freelancer I would remain choosing commissions-based pay, since with consistent effort and trust from your clients, you can easily make a living and have savings to boot in this industry, however, it is something that I would not recommend for everyone, especially ones that seek to be employed in order to pay off debts, get by on a daily basis, or to support their families. It is not reliable enough to perform and offer all those three, plus it takes experience and some confidence to break away from the 9-5 cycle in order to be successful here. So I suggest people who aspire to freelance to gather up experience and years first, before jumping into this industry, and wishing for commission-based payments.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: AnonBitCoiner on March 07, 2023, 03:30:26 PM
In our country the government job provides income on monthly basis and there are some private job which also offer monthly based salary, so according to rules and regulation If a person leave its job for single day without any solid reason then there is cutting of salary for one day.

Monthly based salary will be preferable because in such type of salary month can spend easily and in large sum of month work can do which cannot be done in minimum sum of week. In our country individuals work for part time instead of monthly salary to make their life easy and to complete their wishes.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Uruhara on March 07, 2023, 04:21:31 PM
In any case, As a freelancer I would remain choosing commissions-based pay, since with consistent effort and trust from your clients, you can easily make a living and have savings to boot in this industry, however, it is something that I would not recommend for everyone, especially ones that seek to be employed in order to pay off debts, get by on a daily basis, or to support their families. It is not reliable enough to perform and offer all those three, plus it takes experience and some confidence to break away from the 9-5 cycle in order to be successful here. So I suggest people who aspire to freelance to gather up experience and years first, before jumping into this industry, and wishing for commission-based payments.
I really like what you have conveyed in your writing. and the advice you say is also very reasonable and seems to be reliable. Becoming a Freelancer is indeed not as easy as imagined by people who have not tried it. Because Freelancers are required to work harder and continue to develop themselves so they can have more income. it takes patience and tenacity. but on the one hand this work also offers freedom. but indeed not everyone can do this type of work and pay. it takes a mentality that is strong enough also in this job.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Mozzart on March 07, 2023, 07:44:23 PM
Indeed in many countries,most people receive a salary once a month and many are used to it and agree with it.I work as a freelancer and get paid only for the work done and I like it that you don’t have to wait long but you pay immediately for the result.But still the salary once a month has advantages,since it is easier to plan your budget.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: panganib999 on March 07, 2023, 08:40:58 PM
In any case, As a freelancer I would remain choosing commissions-based pay, since with consistent effort and trust from your clients, you can easily make a living and have savings to boot in this industry, however, it is something that I would not recommend for everyone, especially ones that seek to be employed in order to pay off debts, get by on a daily basis, or to support their families. It is not reliable enough to perform and offer all those three, plus it takes experience and some confidence to break away from the 9-5 cycle in order to be successful here. So I suggest people who aspire to freelance to gather up experience and years first, before jumping into this industry, and wishing for commission-based payments.
I really like what you have conveyed in your writing. and the advice you say is also very reasonable and seems to be reliable. Becoming a Freelancer is indeed not as easy as imagined by people who have not tried it. Because Freelancers are required to work harder and continue to develop themselves so they can have more income. it takes patience and tenacity. but on the one hand this work also offers freedom. but indeed not everyone can do this type of work and pay. it takes a mentality that is strong enough also in this job.
Well, what I wrote about pretty much comes from experience really. I've been stuck in this deadend job at a call center for a good while, and while in there I relished about the times that I could enjoy my life without being dependent on if my leaves will be permitted. This drove me to take on freelancing, and I shit you not was it one of the worst and the best decisions of my life. It took me more or less a year to build reputation and gain consistent stream of clients since the services I offer aren't what you would consider an essential in the corporate setting. So I pretty much had to live most of my early freelancing days on instant ramen and baked mac and cheese if I feel like balling a little. Til then things just got a little easier for me, and it has led me to this freedom and financial capacity that I currently enjoy.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: Lanatsa on March 07, 2023, 08:51:48 PM
Indeed in many countries,most people receive a salary once a month and many are used to it and agree with it.I work as a freelancer and get paid only for the work done and I like it that you don’t have to wait long but you pay immediately for the result.But still the salary once a month has advantages,since it is easier to plan your budget.
When it comes to budgeting then it would really be that much difference whether you are really that receiving your salary on monthly or weekly or every 15 days.It wont matter because if you do have a budget

plan then it would really be still depending on you whether you are really that following that or not.If you are receiving your pay on early basis then it is really just that understandable on what are your priorities
or bills need up to be paid.It is really just all the same, the only difference on here is that on the time that you are receiving your salary on early durations is that you could really pay up something on time or in advance or when you do have money then you could also pull it off in case you do need it compared when you are just waiting for a month before you could grab it out but well it does have its pro's and
con's too but it would be totally depending on how someone would manage out their finances when it comes to this.It is really just that someones preference or people doesnt really
have any choice when their employer does have that kind of set up.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: blockman on March 07, 2023, 08:56:38 PM
Indeed in many countries,most people receive a salary once a month and many are used to it and agree with it.I work as a freelancer and get paid only for the work done and I like it that you don’t have to wait long but you pay immediately for the result.
You are an output-based worker and you've got more free time for yourself, your family, and other hobbies that you want to do.

But still the salary once a month has advantages,since it is easier to plan your budget.
That's the advantage of having a fixed salary per month or bi-weekly. You know your budget and you know where you should spend first what you've got.
Although there's a limit to your income, if you're used to your job and you can still do some other things, you can look for a 2nd job or 3rd depending on where you live, and spend those time of yours wisely to an income generated part-time job and it's such a jackpot if you're earning it through your passion.
Negotiations are only at the beginning and there will be some reviews maybe after 6 months that's the only way you'll increase your wage depending on your company's capacity.


Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: kawetsriyanto on March 07, 2023, 09:21:20 PM
If I can get a weekly payment, I prefer a weekly payment. It will be easier to manage my financial cash flow. I also won't spend much money because I get a smaller payment if it is paid for weekly. While if it is paid monthly, the amount of money will be bigger, there is a chance to spend the money faster. I'm a bit worried about being more extravagant.  ;D

However, in most cases, we can't determine whether to get a weekly payment or a monthly payment. Commonly, we get a monthly payment and that is the standard payroll time in my country. A weekly payment makes the company busier, so it will be more efficient to give the payment weekly.



Title: Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.
Post by: isaac_clarke22 on March 07, 2023, 09:26:37 PM
~
It's usually cost less to just run the payroll monthly and that is why many companies preferred that instead. If you're budgeting your money just really well, you're going to be more than okay in just monthly payment unless of course it is underpay which is a matter of another discussion.

Bills and other payments that needs to be paid comes into my mind at first when I tend to earn my paycheck since I know that it will bite me in the ass at the end.