4 ms·

While it's an interesting proposition, I don't really understand the problem you're solving here. Could you perhaps elaborate? If anything, I prefer getting pai

While it's an interesting proposition, I don't really understand the problem you're solving here. Could you perhaps elaborate? If anything, I prefer getting paid monthly — I pay my expenses monthly and do it all in one go, it's very convenient. Getting paid small lumps every day I'd have to put a lot more time into budgeting imo.

modernzen 6y ago
I also just don't see the incentive for companies to go against the grain and pay money to do so. I guess it could be advertised as a perk to applicants?
- cowrie 6y ago
  It's meant simply as a perk. While temporary cash crunches are not an issue for experienced professionals - they are problematic for students who just graduated college and are newly employed or to those who have been laid off and are re-entering the workforce.
  - Etheryte 6y ago
    While I see where you're coming from, I think there's a divide here that you might be missing. Students and the like are usually the lowest value workforce and organizations would have little interest in paying extra to accommodate for them. If they want to attract more young talent, it's easier to offer a higher salary instead. While perks do matter in hiring, I don't see this outweighing other uses you could get out of the same money. Of course, I could be completely wrong and godspeed to you if you see a market for it, simply offering my two cents of feedback.
cowrie 6y ago
Would it help if you could choose your pay schedule on your payroll system? I don't see why you shouldn't be able to leave your money to accumulate and eventually sent out automatically in lump-sump at the end of the month to pay bills at your convenience.
wakahiu 6y ago
I think the primary idea is quick accessibility of funds, rather than the incremental pay. In terms of accessibility, I wonder if a payroll system that comes with a bank account for each employee would be beneficial here. The convenience of an app account à la Venmo where transactions can occur immediately and funds transferred to ordinary accounts would be attractive.

modernzen 6y ago

I also just don't see the incentive for companies to go against the grain and pay money to do so. I guess it could be advertised as a perk to applicants?

cowrie 6y ago
It's meant simply as a perk. While temporary cash crunches are not an issue for experienced professionals - they are problematic for students who just graduated college and are newly employed or to those who have been laid off and are re-entering the workforce.
- Etheryte 6y ago
  While I see where you're coming from, I think there's a divide here that you might be missing. Students and the like are usually the lowest value workforce and organizations would have little interest in paying extra to accommodate for them. If they want to attract more young talent, it's easier to offer a higher salary instead. While perks do matter in hiring, I don't see this outweighing other uses you could get out of the same money. Of course, I could be completely wrong and godspeed to you if you see a market for it, simply offering my two cents of feedback.

cowrie 6y ago

Would it help if you could choose your pay schedule on your payroll system? I don't see why you shouldn't be able to leave your money to accumulate and eventually sent out automatically in lump-sump at the end of the month to pay bills at your convenience.

wakahiu 6y ago

I think the primary idea is quick accessibility of funds, rather than the incremental pay. In terms of accessibility, I wonder if a payroll system that comes with a bank account for each employee would be beneficial here. The convenience of an app account à la Venmo where transactions can occur immediately and funds transferred to ordinary accounts would be attractive.