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

[Iroh]

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.

[Pejoh Asu]

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.

[Davian144]

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.

[pantek talacuik]

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

[Inwestour]

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.

[doomloop]

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.

[browsiek]

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.

[AicecreaME]

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.

[Davian144]

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.

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.

[Fredomago]

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.

[visionE2]

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 .

[livingfree]

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.

[mindrust]

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!

[Asiska02]

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.

[S A KHAIR]

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.

[Inwestour]

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.

[Bobrox]

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.

[Mahanton]

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.

[rahmad2nd]

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.

[S A KHAIR]

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.