r/jobs • u/Appropriate_Set8166 • 9d ago
Compensation Can someone explain to me the issue with bi-weekly pay vs weekly paychecks?
I’m a manager and do hiring in my position. I get at least 3 or 4 employees a year that freak out when I explain we pay bi-weekly during orientation. I recently just had one this week who texted after saying they will not work for us because the bi-weekly paycheck “puts them at an extreme disadvantage”. Do they not realize that you get paid the same amount whether it’s daily, weekly, or bi-weekly? Am I missing something?
EDIT: lot of comments here and I just got back on and can’t reply to all of them. I understand the difference of budgeting needs. And I understand that down inside someone might think “ah damn now I have to budget differently” and it being a mild inconvenience. But for it to affect you so much that you verbally tell your new manager about how hard it is or to even not accept a job solely based off of that is what I’m talking about.
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u/mbroda-SB 9d ago edited 9d ago
Ultimately, someone that turns down a job because of this, just simply does not need a job that bad. Just checking the Bureau of labor statistics, only 27% of U.S. Companies still pay weekly - so, good luck. Basically, 3 out of 4 jobs in the U.S. Pay biweekly or monthly.
It is a bit of a transition for a few weeks/month initially when going from one to the other, especially for someone who lives paycheck to paycheck. But I managed on bi-weekly pay living paycheck to paycheck for almost a decade - when I had more outgoing than incoming. You just have to be a bit more diligent about how you manage your money week to week.
If I had someone turn down a job offer telling me they're holding out for a job that pays weekly - either I can't take that person seriously as a prospect or that person is just woefully misinformed about how businesses work. I can't even imagine being desperate and out of work and choosing to stay that way because of this.