5 ms·
There is no company that pays salaries annually. You could always come to a special agreement I guess, but with interest rates where they are right now it makes
by nodata 12y ago
There is no company that pays salaries annually. You could always come to a special agreement I guess, but with interest rates where they are right now it makes little sense.
- wilsonfiifi 12y agoCould you elaborate further on the interest rate argument please? I was thinking that in a country which high inflation rates,employees would welcome the bulk sum so they can spend/invest as they see fit. The reason I ask is because I was thinking of implementing it at my next startup.
- nodata 12y agoIt's cheap to borrow at the moment, so it doesn't hurt employees who are paid monthly but want to borrow more. It would really mess up your cashflow to pay yearly.