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

submitted 11 months ago by Blizzard@lemmy.zip to c/asklemmy@lemmy.ml

12 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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[–] HurlingDurling@lemm.ee 1 points 11 months ago (2 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 0 points 11 months 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.

[–] bob_lemon@feddit.de 1 points 11 months ago

Until you have people who get a yearly bonus. Or 13 or 14 monthly salaries a year, which is quite common in Germany (basically a bonus, but the employee is entitled to it).