Paying employees

[dmk395]

Do you guys pay your employees weekly, or biweekly? I like bi-weekly because most of my accounts pay me monthly and it helps with my cashflow.

[osc]

ditto

[Dochere]

Bi-weekly, less paperwork.

[SprinklerGuy]

Weekly, but for no good reason,just been that way for 7 years. I think if I changed it now, they would freak out.

[Guido]

on the 1st and the 15th, an I think its good for most. It teaches you how to budget your money carefully. A lot of guys still live paycheck to paycheck, but atleast they make it that far.

It might get some of your guys into trouble if they can't manage their money correctly.

[sunrise]

every 2 weeks works for me

[bruces]

I prefer every 2 weeks, that way payday is the same day every time, no variables for long months, etc.

[Guido]

As an employee of the US Government, and the military more importantly, I have no say in when or how they pay me so you just take it as they give it. I've learned to work it out so it works for me, no choice but to adapt.

How do your employees that are paid every 2 weeks respond to that at first? Is it a concern of theirs at all?

When I did work for "the man" I was always paid weekly, so I don't know what people think about getting paid on any different terms than that. I'm just curious.

[Stonehenge]

Most don't care.

I have had a few that wanted it weekly. And I had one who wanted to be paid on Friday afternoon for the hours worked that same week. Told him I don't have time for that, learn to live with every two weeks, one week after hours worked.

The same guy wanted OT for hours over 8 for each day. I told him I'd be within the law to average the hours over 2 weeks and not pay OT unless the 2-wk total was over 80. So, take my 40+ OT/wk and smile.

[HBFOXJr]

2 weeks, mon thru sun, paid 5pm the wed after the 2nd sun.