BeccaBee wrote:C-suite level? I do not know the meaning of this. every salaried job I have had is monthly pay. with hourly jobs being weekly or every two weeks. 'course I do live in podunk.
C = Chief of [whatever department]
C Suite = senior leardership
BeccaBee wrote:I think that any #######4 corporation that can hold on to payroll for a month will do it. why hand over that cash when they can sit on it?
You have a point. But that logic wouldn't sit well with the average worker, salaried or hourly, where we work (NYC). So our employer only pays senior leadership monthly. Everyone else gets paid semi-monthly, which is the next-best alternative from a bookkeeping standpoint.
In other companies, it's common for most employees to get paid weekly or every other week, although the latter usually only occurs for salaried positions.
We'd be interested to know how common your scenario is throughout the US, how common ours is, and how common the weekly and every other week scenarios are. But we're too lazy to research it.
MDs