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Which do you prefer between monthly and weekly payments?
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[QUOTE="Etini, post: 283375, member: 90141"] Most organizations prefer to pay their staff monthly. However, there are organizations that pay their staff weekly, and some that pay every fortnight. As an employee, would you prefer the monthly pay or the weekly pay? The two have their pros and cons. If you are being paid monthly, it could lead to a long waiting period for payment, and sometimes before payday, you might incur debts arising from the need for cash. These would not have possibly happened if you were paid weekly. However, the advantage of monthly payments is that you get bulky money all at once and you can use it to do something for yourself. Weekly payments on the other hand make you to have a constant flow of cash. You can meet urgent financial needs without having to borrow. The downside is weekly pay is that your pay comes in piecemeal which you can easily spend off. Which one do you prefer? Weekly payment or monthly payment? [/QUOTE]
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Which do you prefer between monthly and weekly payments?
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