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

submitted 1 year ago by Blizzard@lemmy.zip to c/asklemmy@lemmy.ml

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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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[–] Zephyr@reddthat.com 1 points 1 year ago (2 children)

Many US jobs are based off an hourly rate, some with overtime (usually not added in). I noticed other posters mentioned Xmas bonus. As an hourly worker I received a standard 3% yearly raise to cover increased costs of living. Because our cost of living increase was nearly double that, our salary actually declined. Oh and that Xmas bonus... If you count a 25$ gift card to Walmart a bonus...

Pretty shit, but it could be worse.

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[–] Agent641@lemmy.world 0 points 1 year ago (4 children)

In Australia we mostly get paid weekly.

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