Topic: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence. - page 7. (Read 1041 times)
February 04, 2023, 07:37:36 AM
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.
February 04, 2023, 07:26:39 AM
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.
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.
February 04, 2023, 06:43:06 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.
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.
February 04, 2023, 06:24:09 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.
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.
February 04, 2023, 04:59:40 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.
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.
February 04, 2023, 04:28:02 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.
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.
February 04, 2023, 04:06:15 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.
For the 2nd question, percentage pay is rarely offered to employees. It seems that it only applies to shareholders.
February 04, 2023, 03:45:09 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.
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February 04, 2023, 03:20:53 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.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.
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.
February 04, 2023, 02:44:12 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.
February 03, 2023, 04:33:51 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.
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.
February 03, 2023, 04:03:21 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.
February 03, 2023, 01:42:46 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.
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.
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.
February 03, 2023, 12:46:00 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.
February 03, 2023, 11:41:01 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.
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.
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.
February 03, 2023, 03:14:58 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.
February 03, 2023, 12:25:15 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.
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.
February 03, 2023, 12:21:49 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.
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.
February 02, 2023, 09:55:28 PM
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.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.
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.
February 02, 2023, 09:41:27 PM
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.
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.
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