Salary receiving Date

Is it common for companies to give you a salary on 5-10 date of next month ?

17mo ago

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WigglyBanana

Stealth17mo

Have always personally received it between 25th-30th of previous month, across 4 organisations

FuzzyCupcake

Trellis17mo

Received before month end is quite good

GroovyMochi

Stealth17mo

I used to receive it on the second last or last day of the month when I worked in stable companies. Current company hasn't been paying on time at all. The worst was the 12th of the next month. Multiple EMI bounced and my cibil score is probably f**ked now

FuzzyCupcake

Trellis17mo

Probably generate some emergency fund for 3-6 months by keeping atleast 20-30 percent of salary aside as soon as you get it .Living on emi to emi is not a good thing

JazzyTaco

Tao17mo

Yes at least for me Sometimes 30, sometimes 1st and sometimes between 1-7

FuzzyCupcake

Trellis17mo

I never understood why they give between 1-7 is it like they have not received payment from clients?

JazzyTaco

Tao17mo

Probably earning money from interest or something

PerkyMarshmallow

Stealth17mo

Best case 24th of the month, worst case 15th of the next month :) seen em all 🥲

FuzzyCupcake

Trellis17mo

Why is it like that specific reason?

JumpyPretzel

Stealth17mo

No, not common. The general practice is to pay salary on last working day of the month, some may give it by last day of the month. And in one of my previous organisations, it was 25th of the month, 5 days prior to month end, and that used to become 24 or 23, if 25th was a holiday.