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Author Topic: Chinese get their paychecks 1st of the month?  (Read 1366 times)
Kazimir (OP)
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December 01, 2013, 10:46:18 AM
 #1

Is it true that people in China typically get their salaries paid the 1st of the month?

(Because in that case, we're in for a ride Wink)

In theory, there's no difference between theory and practice. In practice, there is.
Insert coin(s): 1KazimirL9MNcnFnoosGrEkmMsbYLxPPob
PersianCoffee
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December 01, 2013, 11:02:49 AM
 #2

Not sure, but in the UK / US that is often the case (end of the month, or beginning of the month).

And since this month that falls on a weekend, many banks wont clear it until Monday.

So the fun starts next week Wink
bootlace
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December 01, 2013, 11:20:38 AM
 #3

I might be remembering wrong but I think it was the first Friday of the first week of the month - so it would be the 6th in this case.

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Mirsad
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December 01, 2013, 11:25:04 AM
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Dellusion -> Fear -> Panic  Grin

Allways the same. The Great Crash has finally arrived.
Drop the shitty Coins and join the heaven of lovely fiat.

< 100 BTC is not worth mentioning. Poor souls will always remain poor. Don't miss the failtrain.
seanneko
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December 01, 2013, 11:56:30 AM
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Dellusion -> Fear -> Panic  Grin

Allways the same. The Great Crash has finally arrived.
Drop the shitty Coins and join the heaven of lovely fiat.

Welcome to my ignore list.
Mirsad
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December 01, 2013, 05:17:28 PM
 #6

I probably should use IRONY-Tags next time..
Especially the part with the fiat heaven  Roll Eyes

< 100 BTC is not worth mentioning. Poor souls will always remain poor. Don't miss the failtrain.
Crazy
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December 01, 2013, 05:28:11 PM
 #7

It's the 1st of the moooonnntttthhhhh

https://www.youtube.com/watch?v=4j_cOsgRY7w

How's that for a nod to the success of public service, eh desert_beagle? :X

Elon Krusky
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December 01, 2013, 05:33:45 PM
 #8

I'm sure like lots of place, if they get paid monthly, they will get paid the last day, or first day of the month.
We'll see if it has a major impact!

papaminer
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December 01, 2013, 05:40:17 PM
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Dellusion -> Fear -> Panic  Grin

Allways the same. The Great Crash has finally arrived.
Drop the shitty Coins and join the heaven of lovely fiat.

Welcome to my ignore list.


same

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crazy_rabbit
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December 01, 2013, 05:53:27 PM
 #10

I'm sure like lots of place, if they get paid monthly, they will get paid the last day, or first day of the month.
We'll see if it has a major impact!

In the US people have had money they've been waiting for since last monday to arrive on the exchanges. I think we will be in for a busy week.

more or less retired.
byronbb
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December 02, 2013, 03:22:39 AM
 #11

I am more interested in the Chinese New Year. Jan 29th.

Dodgers
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December 02, 2013, 06:25:05 AM
 #12

I am more interested in the Chinese New Year. Jan 29th.
Dont forget that many Asian countries pay a 13th salary in either December or January, so effectively they will have double money.
Singapore mostly pays it's extra pay-packet in December, but some companies pay for Chinese New year.

This may or may not have an impact….hence posting it in Speculation.   Undecided
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