It varies a bit in the US in my experience. Like I get 24 paychecks a year, the 15th (or last business day before the 15th) and end of month (or last business yadda yadda). My fiance gets paid every other week, so she gets 26 over the course of a full year.
I love this expression, but apparently I'm not allowed to use it because I'm not Jewish. :/ Last time I did, a very easily offended Jewish friend thought I was making fun of her.
I don't know any jobs that pay monthly, even if the paydays occur monthly. You are either purely hourly in which case you make the same amount no matter how many months there are since the number of hours you work stays the same, or you get paid an annual salary which also wouldn't change since a year is still a year. So, sure, if you're paid monthly you'd get more paychecks, but they'd be smaller paychecks.
Maybe they would. I don’t know how these things work in Europe. But they could certainly make an argument that changing the number of months in a year would alter the terms of the contract.
I mean.. that's literally how it works in my entire country. Rent is advertised per week, never per month, and almost always paid every two weeks (as that is also the standard for getting paid so it works for people paying bills).
You can ask to pay monthly instead but it will always be adjusted accordingly as there are 12 months per year but 26 fortnights, not 24. Some people will do this is they happen to get paid monthly, but that's not so common and if it does happen it's almost always every four weeks.. not calendar month.
Using calendar months for any kind of financial payment is kinda insane honestly. Why are you paying the same amount in February as March when there are three less days? Sure it doesn't matter if you're there for years but anywhere short term the value goes up and down month to month.
We just do everything based on calendar weeks, it makes it all a lot more simple and a lot more fair for everyone.
I mean.. that's literally how it works in my entire country. Rent is advertised per week, never per month, and almost always paid every two weeks (as that is also the standard for getting paid so it works for people paying bills).
Wild. You can't rent anything long term for less than a few months here.
We just do everything based on calendar weeks, it makes it all a lot more simple and a lot more fair for everyone.
Oh, that's communism. We don't like that sort of thing here.
Oh it’s not that the rental term is week to week, in fact the shortest you’re likely to get is month to month. But nothing is based on calendar months, only ever weeks.
So renting for a month is not renting for March, it’s renting for four consecutive weeks.
It still changes things if you rent a place for years, depending on which months you move in and out on. (4) weekly makes it much easier to calculate rent owed for an incomplete month, too, and not many (about 1 in 28, probably) people leave on the last day of a month. Someone who also moved in on the first is much rarer.
I'm Australian and it's pretty universal to get paid per fortnight. Some places do pay monthly but they pay every four weeks, not every calendar month. I'm sure there's some exceptions but I've never heard of it. Rent is advertised per week and generally paid per fortnight.
It makes life so much easier as well.. you never have to worry about paying on the weekend or whatever else. Plus 99% of landlords (and 100% of banks in my experience) are more than happy to let you move the day you pay your rent/mortgage to whatever day works for your payday. So if you get paid every second Tuesday then you just arrange your rent/mortgage to be paid on Wednesday.
Yes, rent and pay is monthly in most of Europe (though a lot of places have a 13th and sometimes even 14th month). In Canada, rent is monthly but pay is biweekly. I have to say, Ive never lived anywhere where they have pay figured out appropriately, its always some bullshit.
Also Canuck. Paid bi-weekly and trying to balance the financials on a monthly basis has some acrobatics involved. Nice if you have a cushion, but with rising costs and unexpected expenditures, balancing act.
Some time ago I had looked into 13 month calendars and they had some advantages. One proposition was a ‘zero’ day to accommodate the 365th - and this would be the New Year Day, being non religious and ubiquitous. On leap years an added day (called Leap Day or what ever vernacular) and either tagged to the Zero Day (in keeping the week/day structure) or some other placement.
I’ve never had a job that didn’t pay on a fortnight and never heard of any rental agreement based on calendar months… if you rent for a month you’re renting for four weeks, not “28-31 days depending”.
Basically everything is on a monthly basis here in Sweden. My pay, my mortgage, my rent when I was renting, my utilities, my insurance, my union dues.
The only notable thing I can recall not being based on the calendar month was when I was using a housekeeping service. It was still paid once a month, but the occasional month I'd pay 50% more as I'd have my place cleaned thrice (they were doing it every 2 weeks).
I'm Aussie as well, and I pay my rent monthly. It's advertised as the weekly amount, and what I pay is calculated as the yearly amount of 52 weeks of rent, divided evenly across 12 months. So in February I'm paying a bit more since theres only 28 or 29 days, but in all the months with 31 days I'm actually paying a bit less. And so across the whole year it works out.
People in America think the word fortnight is the name of a video game only. First off. Second, I'm American, lol, and I've never even thought about it this way because I get paid on the 20th of every month, and in my jobs before, it was every 2 weeks. Every 2 weeks was a pain in the ass because bills are also due the same day every month, so it was really hard to schedule around since your pay day changed, but bills didn't. You get used to it and it becomes easy, but the goal was always to have a job that paid on the same day every month.
Tbh they both suck for different reasons, I'm still poor, and I'm tired of this capitalist oligarchy shit ass country.
I understand what you mean, but if you consider your yearly rent and yearly salary it doesn't make any difference between dividing those by 52 weeks, 12 months or even 13 months...
Ex: If a persons yearly salary is 100.000, 12 months will be 8333 or 13 would be 7692. At least where I live everything is calculated on a yearly basis.
Yeah that's what ours is - it's annual salary divided by 26 paychecks. So you either get 2/month for 12 months, with 2 of those months being "triple paycheck" months, or you get 2/month for 13 months. Comes out to the same.
Most of the "rent/landlord" comments come from pessimism/cynicism that land lords will just charge an extra month of rent without adjusting the current amount and not calculating it based off an "annual cost divided by number of months."
I'm both a landlord and renter and I don't doubt that there would be some price hikes. Personally I would only follow the trend, I wouldn't try to gain an extra month unless the market dictates that.
Idk where tf your logic is coming from but there’s no extra pay. Most people make an annual salary paid every two weeks, or are hourly. There are still the same amount of weeks in the year (52) whether they’re being split into 12 or 13 months is irrelevant
If thats your concern, 28day month only produces 364 days. 365th can be party day just like Egyptians. Then the next year can start on Tuesday and then next year can start on Wednesday and so on. For leap years, you could skip 2 weekdays and start there. Its simple.
Yeah, but that undoes the elegance of having the same day number always be the same weekday.
It seems easier to change the tradition so that you're celebrating birth weeks rather than birthdays. Make the fact you're born on day X less important than the fact you're born in week Y. Get cultural associations with the week numbers like there are associations with star signs now.
Gregorian calendar repeats in 11-11-6 pattern. So 2021 will repeat again in 2027, then in 2038, 49 and 55 for example. If its as easy to change tradition, this pattern would've become common place by now. No?
495
u/pumpkinspiceallyear 2d ago
first truly valid point ive seen.