Quizzes & Puzzles1 min ago
Weekly Pay VS Monthly Pay
Answers
No best answer has yet been selected by ill_bill. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.It might be cheaper to pay you monthly - it's less transactions at the bank.
Obviously this still doesn't explain why some people within the company are weekly and others monthly. Maybe it is connected to things like taking out money for a pension scheme or more likely - how much notice you have to give if you resign or they sack you. (well, not YOU obviously, just if they sack someone).
I bet you are paid a lot more than the driving staff. For a lot of people there is status with being on a salary rather than a wage. If your salary is, eg �20k a year (I have no idea so please don't be offended if that's too low!) they can divide that into 12 equal payments and pay you monthly. For the drivers, they may be paid �6 an hour. Although they are contracted to do a certain number of hours a week, this is flexible and so it's easier to process it each week, than guess in time to pay them the correct amount on the last friday of the month.
I hope that makes sense. It might be totally wrong. I also realise I've attempted a few guesses here!!
Don't know why your HR couldn't have said that?