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Topic: [2016-02-20] CNN Money: Why Do We Get Paid Every Two Weeks Instead of Daily (Read 351 times)

legendary
Activity: 2170
Merit: 1427
To me the current monthy salary payout works out quite well. I don't feel the need to seeing this change any time soon. But it would be nice if people are being given the option to choose their payout period if they so wish.
legendary
Activity: 1904
Merit: 1074
The savings in transaction cost and banking fees, surely makes this viable.. but I think the paper war behind the scenes with the administration make

this impractical for smaller companies with small HR departments. It will work with weekly contractors, because it will reduce the risk of ATM

withdrawals and rather mobile payments, where no fiat/cash is used. Still a cool idea, if the human element could be addressed.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
Why Do We Get Paid Every Two Weeks Instead of Daily?

Imagine getting a daily paycheck -- or cashing out whatever money you've already earned from your job. It would mean no more strain waiting for payday.

http://money.cnn.com/2016/02/10/technology/daily-paychecks/
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