My company recently announced that we are going to change from twice a month to biweekly. At first it seemed like really bad news, but I've decided it won't be too much of an adjustment.
Do you get paid twice a month or every two weeks?
by Anonymous | reply 23 | March 3, 2018 8:44 AM |
Weekly.
by Anonymous | reply 1 | March 3, 2018 2:55 AM |
Hourly
by Anonymous | reply 2 | March 3, 2018 2:57 AM |
Twice a month is very right and regular. Easy to budget. Dependable.
Every two weeks creates a few months with an extra paycheck. If you are working only part-time because you are disabled, those few bonus paychecks will play hell with your public benefits. Do be careful.
by Anonymous | reply 3 | March 3, 2018 2:58 AM |
Bi-weekly is better. This way you'll realize 26 paychecks per year rather than 24 (US).
by Anonymous | reply 4 | March 3, 2018 2:59 AM |
Last day of the month--it's already plopped onto credit cards.
by Anonymous | reply 5 | March 3, 2018 3:00 AM |
I used to work for a company that paid every other week, and in those months with 3 pay days the 3rd was always larger because benefits only got taken out of the first 2 paychecks each months. So if you budgeted being able to live on 2 paychecks it was like getting a nice bonus once in a while.
R4 that is irrelevant. If you get paid a certain annual salary, the amount in each paycheck is just smaller if you get 26 paychecks per year. You don't get paid more overall. *rolls eyes*
by Anonymous | reply 6 | March 3, 2018 3:01 AM |
At first, it seems like it's not that big a deal. And if you live well within your means, it's not.
However, consider this. Most bills are monthly and two bi-weekly paychecks (1/26 or your annual salary roughly) are less than two paychecks per month (1/24 of your annual salary).
by Anonymous | reply 7 | March 3, 2018 3:02 AM |
I like the two extra paychecks each year
by Anonymous | reply 8 | March 3, 2018 3:02 AM |
Once a month. Why, why, why, do employers do this shit? Especially the more 'wealthy' companies?
by Anonymous | reply 9 | March 3, 2018 3:13 AM |
The employers like to find a way to distinguish between 'hourly' and 'salaried' employees'. They know how people react like rats in a bucket, clawing over each other for status. I decided a long time ago to be happy being an hourly worker, pocketing extra pay by working overtime pay whenever it's offered.
by Anonymous | reply 10 | March 3, 2018 3:16 AM |
Once a week. I hate it. It's so low-rent and ghetto.
Plus no fucking direct deposit.
by Anonymous | reply 11 | March 3, 2018 3:21 AM |
Apparently, I posted a comment at R10, but it's invisible to me, since I must have been FFed out of DL existence. I only managed to post R2 on this thread, and that's all it takes to be banned from posting on DL (for making a disparaging remark about resident troll Matthew A). Why do we let assholes like that control what the rest of us talk about?
by Anonymous | reply 12 | March 3, 2018 3:30 AM |
Huh?
by Anonymous | reply 13 | March 3, 2018 3:35 AM |
Regarding Direct Deposit... When you authorize your employer to deposit money directly in your bank account, you also authorize your employer to REMOVE money from your bank account in the event of an error.
If your bank deposits Six Million instead of Six Hundred, that's easily understood as an error. But agreement may not be so easy in a dispute about severance pay, vacation pay, etc. If your employer pays you for 20 vacation days and then decides you really only had 18 vacation days, it does not have to ask you for the money. It just debits your account.
Just give me the check. I'll decide if there was an error and you should have your money back.
by Anonymous | reply 14 | March 3, 2018 3:54 AM |
[quote]Just give me the check. I'll decide if there was an error and you should have your money back.
Most companies don't even give you the option to get a check anymore. I work for a large bank. Our pay options are direct deposit or a company branded pre-paid Visa card.
by Anonymous | reply 15 | March 3, 2018 4:24 AM |
I get paid when I bill a case. Which reminds me to do billing this weekend. I envy people who do their job and automatically get a check. You can't imagine what a luxury that is.
If I were to receive a regular paycheck as an employee again I would prefer once a month. My bills are monthly and easier to know what's there.
by Anonymous | reply 16 | March 3, 2018 4:56 AM |
R18, I've worked with a number of attorneys who have become 'in-house counsel' for the same reason. Apparently, documenting the 'billable hours' often requires as much time working the actual 'billable hours.' They have shared documenting such is a pain in the ass.
by Anonymous | reply 17 | March 3, 2018 5:07 AM |
[quote]Regarding Direct Deposit... When you authorize your employer to deposit money directly in your bank account, you also authorize your employer to REMOVE money from your bank account in the event of an error.
I have my checks direct deposited into an account that I use pretty much only for that purpose. I then transfer the money to a different account.
by Anonymous | reply 18 | March 3, 2018 5:12 AM |
R17, billing is worse than real work. It's torture The only good thing is I can do it in my underwear. Thanks for commiserating.
by Anonymous | reply 19 | March 3, 2018 5:12 AM |
[quote] If you are working only part-time because you are disabled, those few bonus paychecks will play hell with your public benefits. Do be careful.
Good lord. Has this place become so abject that we just assume there's probably someone on disability in every thread?
by Anonymous | reply 20 | March 3, 2018 5:15 AM |
When I was working, every two weeks. Now that I'm retired, pension check comes on the first of the month.
by Anonymous | reply 21 | March 3, 2018 5:33 AM |
Weekly
by Anonymous | reply 22 | March 3, 2018 5:35 AM |
[quote]bi-weekly
you mean fortnightly?
by Anonymous | reply 23 | March 3, 2018 8:44 AM |