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Yes, using the yearly salary as the main reference seems to be either a US or an Anglophone-world thing. What is commonly done in the UK and Ireland?
by gpvos 9y ago
Yes, using the yearly salary as the main reference seems to be either a US or an Anglophone-world thing. What is commonly done in the UK and Ireland?
- lmm 9y agoIn the UK we talk about annual salary.
- matthewwarren 9y agoIn the UK, almost no-one talks about their salary ;-)
- jonathanbull 9y agoSpot on! On the rare occasion we do, it's discussed in terms of an annual amount.
- ascorbic 9y agoQuoted annually, paid monthly, discussed never.
- freehunter 9y ago(In the US) I actually found it weird when I was talking to a loan officer and he asked how much I made. I told him, and he about jumped out of his seat. "PER MONTH?! WHAT DO YOU NEED A LOAN FOR?!" I was flabbergasted. I'd never had someone ask me how much I make an expect me to say per month. I don't know how much I make per month. I know per year or per paycheck. If you want per month you'll have to get out the calculator, buddy.
- gpvos 9y agoIn the parts of Europe that I know of, if you have a median job, your paycheck is per month. That is why everyone knows that number the best: it's the one you see most often, appearing every month on your bank account.
- vec 9y agoA lot of jobs in the US pay biweekly, which comes out to a nice, round 2.166 paychecks per average calendar month. Paperwork here generally either asks for annual income or asks both paycheck and length of pay period.
- kungtotte 9y agoYes, unless you're self-employed and bill people, you pretty much always get paid monthly.
- mrkstu 9y agoSo its possible to have to wait more than a month for your first paycheck? i.e. start on the 1st and they pay on the 1st weekday of a new month for the past month? I'd hate to be loaning the company money that long every month.
- geon 9y agoIn sweden, salaries are traditionally paid the 25:th. An if you get paid per hour, your payment is usually for the previous month, so 56 days late.
- gpvos 9y agoIn the Netherlands also the 25th. However, if you get paid per hour, it may also be that you are paid weekly or biweekly, but indeed usually a cycle later.
- roel_v 9y agoIn Western Europe there doesn't seem to be a clear 'standard' of when ppl get paid. I know several people who are paid on the 10th each month, for example. (I happen to know this because they negotioted their rent payments to be on the 11th for properties they rent from me). Others are around 22-24; I used to get paid 28-30 in various jobs. There is probably a reason for this clustering, or maybe my sample size is too small and there is no clustering.
- PeterisP 9y ago
- tbirrell 9y agoMost billing cycles are by month (rent, water, internet, spotify, ect) so budgets tend to be by month. Obviously I don't know /exactly/ what I make per month, but I have a general idea. I expect this would be fairly similar throughout the US (though I have no evidence backing up that assertion).
- cholantesh 9y agoSurely you've seen your paystub? Or the amount your employer deposits into your account every fortnight/month?
- freehunter 9y agoYeah, my paystub is per paycheck. That's why I can say how much I make per paycheck off hand, but I'm going to need to do a little math to figure out how much that is per month.
- jcoffland 9y agoWas this a car loan? They love to throw you off guard so they can sneak something past.
- dustinmoris 9y agoUK, Ireland, Australia, New Zealand all think of yearly income. Continental Europe all speak exclusively of monthly salary. Also there is another flaw, the salary should have been multiplied by 14, because I believe that many European countries pay 2 extra salaries, one in summer and one in December.
- gpvos 9y agoDepends on the employer and, obviously, country. In the Netherlands, everyone gets "vacation money" somewhere in May/June. For me, it usually works out to a bit less than a month's salary. In December, many people get a "13th month", but many others like me don't.
- eeZah7Ux 9y ago> Continental Europe all speak exclusively of monthly salary Not true at all.