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What's with telling YEARLY salaries?

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Blizzard@lemmy.zip
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asklemmy@lemmy.ml
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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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HurlingDurling@lemm.ee
78 points

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.

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Cyclohexane@lemmy.ml
17 points

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.

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bob_lemon@feddit.de
38 points

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).

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locuester@lemmy.zip
16 points
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Yes but a lot of work is seasonal and/or sporadic. Annual pay smoothes it out.

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callouscomic@lemm.ee
7 points

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?!?!?!?!?!

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AnUnusualRelic@lemmy.world
3 points

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

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barrage4u@lemmy.world
6 points

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

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dingus@lemmy.world
6 points

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

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Zippy@lemmy.world
2 points

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

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DirigibleProtein@aussie.zone
4 points

But most pays are fortnightly

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BorgDrone@lemmy.one
6 points

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

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Urbanfox@lemmy.world
3 points

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

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