I think this is mostly a US thing. Why use yearly salary? Youโre not paid once a year, are you? Most likely once a month. Referencing monthly salary makes much more sense.
โIโm making 50kโ. Great, now I have to guess - dollars? Monthly? Yearly? If yearly then whatโs the monthly paycheck? Net? Gross?
Because thatโs the standard and that is the wage I negotiated and my bi-weekly checks are that number/26. I didnโt negotiate a per-payperiod rate.
Itโs what my taxation is based on.
Itโs what all my credit applications ask for.
Also, what you make and what you take home are really quite variable based on circumstance between 2 people making the same base wage. Retirement contributions, health care premiums, taxes, and other deductions vary from person to person.
For salaried employees itโs the standard metric by which wages are measured. You donโt need to guess anything. Thatโs the standard.
For hourly employees, that would be your hourly rate. Since hours can be variable and overtime is a thing your yearly rate would be variable too.
Seriously thereโs nothing to guess.
Because thatโs the standard
Where?
Itโs not standard for me. We only talk about monthly numbers with my colleagues and friends.
For the US, but going by this thread itโs not limited to here.
Also, for what itโs worth, I would think if op was in a place that used monthly as the standard they wouldnโt have posted this complaint. If thatโs not the case Iโm confused by the point of this post?
