Monthly or weekly pay? Fixed or percentage earning? what is your prefrence.

[Zaguru12]

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

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[KupaCrypto]

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.

[Cryptomultiplier]

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.

[Fatunad]

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.

[Davidvictorson]

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.

[Captain Corporate]

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.

[bhooscream]

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.

[SatoPrincess]

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.

[dothebeats]

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.

[Sexylizzy2813]

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.

[ethereumhunter]

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.

[bitzizzix]

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.

[bestcoins1]

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.

[Plaguedeath]

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.

[adaseb]

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.

[Nwada001]

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.

[Leviathan.007]

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.

[xSkylarx]

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.

[serjent05]

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.

[SirLancelot]

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.