Yep, my mother used to manage pays for engineers making up to 300k and for some of them it was a disaster if a mistake lead to 200$ being missing from their cheque and they would be in her office first thing in the morning in full panic mode…
I mean, if my cheque was off by a couple of hundred dollars, I’d want to follow up on the discrepancy (not in panic mode though). My wife’s a high earner and some pay was delayed a month due to staff turnover.
Leadership was like “it shows financial stability to be able to wait for pay,” but people have budgets and plans for that money. Otherwise it’s an interest free loan to the organization - the money should be paid out timely.
But I do agree, overall, that folks should be able to manage their budget, especially as a high earner.
Yep, my mother used to manage pays for engineers making up to 300k and for some of them it was a disaster if a mistake lead to 200$ being missing from their cheque and they would be in her office first thing in the morning in full panic mode…
I mean, if my cheque was off by a couple of hundred dollars, I’d want to follow up on the discrepancy (not in panic mode though). My wife’s a high earner and some pay was delayed a month due to staff turnover.
Leadership was like “it shows financial stability to be able to wait for pay,” but people have budgets and plans for that money. Otherwise it’s an interest free loan to the organization - the money should be paid out timely.
But I do agree, overall, that folks should be able to manage their budget, especially as a high earner.
It shows financial instability if an organization can’t pay its workers on time. Or management incompetence.