this post was submitted on 01 Sep 2023
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I think this is mostly a US thing. Why use yearly salary? You're not paid once a year, are you? Most likely once a month. Referencing monthly salary makes much more sense.

"I'm making 50k". Great, now I have to guess - dollars? Monthly? Yearly? If yearly then what's the monthly paycheck? Net? Gross?

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[โ€“] [email protected] 78 points 1 year ago (1 children)

I mean, you just basically answered your own question. People get paid hourly, weekly, every 2 weeks, monthly, and some even per sale (ie. Realtors) so the only way to have a constant measurement is yearly.

[โ€“] [email protected] 17 points 1 year ago (7 children)

Why not monthly? It seems the smallest unit to encompass them all, and is fairly standard.

Monthly makes sense also since most bills are monthly.

[โ€“] [email protected] 38 points 1 year ago

Until you have people who get a yearly bonus. Or 13 or 14 monthly salaries a year, which is quite common in Germany (basically a bonus, but the employee is entitled to it).

[โ€“] [email protected] 16 points 1 year ago* (last edited 1 year ago)

Yes but a lot of work is seasonal and/or sporadic. Annual pay smoothes it out.

[โ€“] [email protected] 7 points 1 year ago (1 children)

Most bills are monthly, most paychecks schedules are bi-weekly. To me this is the same issue as hot dogs and buns being sold in different quantities. Whyyyyyyyyyyyyyyy?!?!?!?!?!

[โ€“] [email protected] 3 points 1 year ago

Biweekly isn't a thing in many places in Europe, I think.

[โ€“] [email protected] 6 points 1 year ago

I'd imagine that for some jobs (seasonal etc) there is too much variation in a month-to-month basis

[โ€“] [email protected] 6 points 1 year ago (1 children)

At every job I've ever had, I get paid every two weeks. So the amount I make per month varies.

[โ€“] [email protected] 2 points 1 year ago

Those months where three paychecks fall in them are pretty sweet.

[โ€“] [email protected] 4 points 1 year ago (1 children)

But most pays are fortnightly

[โ€“] [email protected] 6 points 1 year ago (1 children)

Not here (the Netherlands), everything is monthly, both pay and bills.

[โ€“] [email protected] 1 points 1 year ago

Same in Hungary. Not a single person I know gets their salary weekly or biweekly. It's absolutely not a thing.

Also, your bills are monthly. You mortgage is monthly. Your credit card bill is monthly. Preschool is paid monthly. Everything is monthly.

[โ€“] [email protected] 3 points 1 year ago

I get paid 4 weekly so get 13 pays a year.