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Nairaland Forum / Nairaland / General / Career / Daily Pay Vs Monthly Salary: Which Is Better? (21205 Views)
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Re: Daily Pay Vs Monthly Salary: Which Is Better? by clothingonline(m): 1:03pm On May 15, 2021 |
Tell ur bank to deduct the daily payment from ur Acct daily and after 30days withdraw it that’s what I do to pay my staffs |
Re: Daily Pay Vs Monthly Salary: Which Is Better? by Hedone(f): 1:03pm On May 15, 2021 |
Give me salary abeg The discipline to save daily or weekly wages eeeh..... |
Re: Daily Pay Vs Monthly Salary: Which Is Better? by Kingpin1000: 1:03pm On May 15, 2021 |
Daily is better if the money we are talking about is not that big.. any money you remove for dailys savings will be there for you. But salaries you may end up not saving and even owing before salary comes, especially during this Buhari regime. 2 Likes 2 Shares |
Re: Daily Pay Vs Monthly Salary: Which Is Better? by Ytea(f): 1:03pm On May 15, 2021 |
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Re: Daily Pay Vs Monthly Salary: Which Is Better? by Karleb(m): 1:03pm On May 15, 2021 |
Paxxcarl: This can only happen if you don't treat your workers well. Besides, people would leave even if you pay them yearly. |
Re: Daily Pay Vs Monthly Salary: Which Is Better? by EdDave(m): 1:04pm On May 15, 2021 |
Weekly. Puts less strain on the employer and the employee doesn't have to wait for month end just to survive. |
Re: Daily Pay Vs Monthly Salary: Which Is Better? by Franckelv230: 1:05pm On May 15, 2021 |
EmekaBlue: You still have a very very very long way to journey. Try fix yourself. |
Re: Daily Pay Vs Monthly Salary: Which Is Better? by Ehinjuola: 1:05pm On May 15, 2021 |
Good for payer and bad for payee.. E geh why. Experience though |
Re: Daily Pay Vs Monthly Salary: Which Is Better? by Mrviktor(m): 1:05pm On May 15, 2021 |
yearly pay |
Re: Daily Pay Vs Monthly Salary: Which Is Better? by Goalnaldo(m): 1:07pm On May 15, 2021 |
Daily pay should be better. You use it to solve your immediate needs. By the time monthly income comes around, you might probably be owing a couple of debts. Most people who depends on monthly income end up debtors especially if it's a small salary. 1 Like |
Re: Daily Pay Vs Monthly Salary: Which Is Better? by Nobody: 1:09pm On May 15, 2021 |
Paxxcarl: So yours is from a punitive angle? |
Re: Daily Pay Vs Monthly Salary: Which Is Better? by Yahami(m): 1:09pm On May 15, 2021 |
If we really consider it well, it's daily pay that pay well for the workers. The payment will be on hourly base agreement for example if you're on working scale of #500 to #600 Per hour as a Nurse you will earn nothing less thank 150k to 200k at the end of the month but monthly agreement will give the workers a weak bargaining like 80k to 100k/month 1 Like |
Re: Daily Pay Vs Monthly Salary: Which Is Better? by crafteck(m): 1:11pm On May 15, 2021 |
When people say daily money, it doesn't mean monthly income divided by 30.. |
Re: Daily Pay Vs Monthly Salary: Which Is Better? by rummmy: 1:13pm On May 15, 2021 |
Paxxcarl:they will not go if you are treating them well.. 1 Like |
Re: Daily Pay Vs Monthly Salary: Which Is Better? by 24kmagic: 1:13pm On May 15, 2021 |
Monthly pay sure pass o |
Re: Daily Pay Vs Monthly Salary: Which Is Better? by mechanics(m): 1:15pm On May 15, 2021 |
Hmmmm, monthly payment is still the best, but it depends on the employer and if the employees agrees with the daily or weekly payment, that's okay. |
Re: Daily Pay Vs Monthly Salary: Which Is Better? by avrilwisedata: 1:18pm On May 15, 2021 |
A lump sum of payment for the payee is always better. You can plan on it and projections can be made on savings based on the expected amount. Daily can be good if the daily pay after a month is as reasonable in terms of value as receiving it by month end. However, it takes a higher level of discipline to maintain daily inflows than receiving a lump sum once in a month. My opinion. |
Re: Daily Pay Vs Monthly Salary: Which Is Better? by peacettw: 1:20pm On May 15, 2021 |
It depends on how well one manages funds. To be on the safe side, monthly works best to enable one plan better. |
Re: Daily Pay Vs Monthly Salary: Which Is Better? by kingsleefolli(m): 1:23pm On May 15, 2021 |
Base on Nigeria situation now.daily pay is better.because nobody know the next hour.talkless of month end. 1 Like |
Re: Daily Pay Vs Monthly Salary: Which Is Better? by cooltola(m): 1:26pm On May 15, 2021 |
financial discipline is key- when you do not know how to manage money, you end up in debt or being broke. The reality is how can one control spending and save and invest more. Have you notice that some people do not make a lot and still are better than some people who make more money 2 Likes |
Re: Daily Pay Vs Monthly Salary: Which Is Better? by shugabasbn: 1:30pm On May 15, 2021 |
It is depends on the amount paid. To be frank, both can never make u rich in fact it's act of slavery. Nothing good past be your own boss 1 Like |
Re: Daily Pay Vs Monthly Salary: Which Is Better? by Kobicove(m): 1:30pm On May 15, 2021 |
It's mainly unskilled staff that are paid daily wages. You cannot pay a professional staff such as an accountant or a lawyer on a daily basis |
Re: Daily Pay Vs Monthly Salary: Which Is Better? by femi4: 1:32pm On May 15, 2021 |
Sebastine1994:The country is not ripe for daily or weekly pay. The economy is poor and there is scarcity of purchasing power in the society 1 Like |
Re: Daily Pay Vs Monthly Salary: Which Is Better? by smartaphyl(m): 1:35pm On May 15, 2021 |
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Re: Daily Pay Vs Monthly Salary: Which Is Better? by WeNoGoDie(m): 1:37pm On May 15, 2021 |
Paxxcarl: Same could happen after a monthly pay. 1 Like |
Re: Daily Pay Vs Monthly Salary: Which Is Better? by Originalsly: 1:38pm On May 15, 2021 |
Daily pay is for casual workers period .... as in if I'm a contractor building a house .... today I need 4 labourers to fetch sand, etc. I pay them at the end of day because.... I may not need them tomorrow. I have a restaurant..... I need a cook every day ... I pay him at the end of the day ... tomorrow he doesn't show up ... then what? Weekly/bi weekly pay or salary. The boutique owner has the money but just cannot allow herself to part with it. Meanwhile ... the employees I'm sure are paying themselves by selling her merchandise under the counter. |
Re: Daily Pay Vs Monthly Salary: Which Is Better? by membranus: 1:53pm On May 15, 2021 |
Mrviktor: Hourly pay. Work one hour, collect your pay. Work another and collect. It will be sweet. 1 Like |
Re: Daily Pay Vs Monthly Salary: Which Is Better? by Goldbw122(m): 1:57pm On May 15, 2021 |
Daily pay is better if I want something I will get it once not waiting for 30days to come 1 Like |
Re: Daily Pay Vs Monthly Salary: Which Is Better? by dosage150(m): 1:57pm On May 15, 2021 |
Dollywood: Can you link me? |
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