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What's with telling YEARLY salaries? (lemmy.zip)

submitted 2 years ago by Blizzard@lemmy.zip to c/asklemmy@lemmy.ml

8 comments fedilink hide all child comments

I think this is mostly a US thing. Why use yearly salary? You're not paid once a year, are you? Most likely once a month. Referencing monthly salary makes much more sense.

"I'm making 50k". Great, now I have to guess - dollars? Monthly? Yearly? If yearly then what's the monthly paycheck? Net? Gross?

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[–] w2qw@aussie.zone 0 points 2 years ago* (last edited 2 years ago) (1 children)

Where do they do it otherwise? In Australia it's also yearly.

People might also get bonus so in some sense you get paid once a year.

[–] xigoi@lemmy.sdf.org 1 points 2 years ago

In Czechia, it's definitely normal to say salary per month.

[–] HurlingDurling@lemm.ee 0 points 2 years ago (1 children)

I mean, you just basically answered your own question. People get paid hourly, weekly, every 2 weeks, monthly, and some even per sale (ie. Realtors) so the only way to have a constant measurement is yearly.

[–] cyclohexane@lemmy.ml 1 points 2 years ago (1 children)

Why not monthly? It seems the smallest unit to encompass them all, and is fairly standard.

Monthly makes sense also since most bills are monthly.

[–] DirigibleProtein@aussie.zone 0 points 2 years ago (1 children)

But most pays are fortnightly

[–] BorgDrone@lemmy.one 1 points 2 years ago (1 children)

Not here (the Netherlands), everything is monthly, both pay and bills.

[–] TheGreenGolem@lemm.ee 1 points 2 years ago

Same in Hungary. Not a single person I know gets their salary weekly or biweekly. It's absolutely not a thing.

Also, your bills are monthly. You mortgage is monthly. Your credit card bill is monthly. Preschool is paid monthly. Everything is monthly.

[–] Lettuceeatlettuce@lemmy.ml -1 points 2 years ago* (last edited 2 years ago)

Lol who would hear "I'm making 50k" and think it's anything other than per year unless they just stepped out of a private jet...

I feel like this might be confusing only if you are under the age of 14 and have no idea how money or the world works...