Over here in Belgium we do, I thought that’s how it’s done in most countries. It makes more sense to me too, you get your salary monthly (or maybe fortnightly like you) and you talk about your rent, debt payments, … also on a monthly basis.
In the U.S., most salary jobs are spoken about in annual terms. Job listing’s list annual salary, offer letters list annual pay, my employee portal lists annual pay, etc. My pay stubs are biweekly though. Pretty much nothing is ever described in monthly terms, at least not that I’ve ever seen.
It makes sense… until you learn about the 13th/14th month of the year. Having to multiply the monthly salary by 13.x (depending on the collective agreement of course) to get the taxable income makes imperial measurements sound logical.
Give me yearly or give me hourly, but monthly makes no sense under the current system.
Over here in Belgium we do, I thought that’s how it’s done in most countries. It makes more sense to me too, you get your salary monthly (or maybe fortnightly like you) and you talk about your rent, debt payments, … also on a monthly basis.
In the U.S., most salary jobs are spoken about in annual terms. Job listing’s list annual salary, offer letters list annual pay, my employee portal lists annual pay, etc. My pay stubs are biweekly though. Pretty much nothing is ever described in monthly terms, at least not that I’ve ever seen.
Same in Croatia. Also think it’s in most countries.
Are you taxed based on your yearly income, or month by month?
It makes sense… until you learn about the 13th/14th month of the year. Having to multiply the monthly salary by 13.x (depending on the collective agreement of course) to get the taxable income makes imperial measurements sound logical.
Give me yearly or give me hourly, but monthly makes no sense under the current system.