PeppyQuokka
PeppyQuokka

Hold of salary

Hi guys hope you are all doing well and if not I wish you do super soon.

I just had this question in my mind as why the companies hold/delay the salaries to employees and give it back to them after 3-9 days of delay on the new month when the actual salary count is calculated between 1-30/31st of every previous month.

Is there any specific reason?

15mo ago
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QuirkyNugget
QuirkyNugget

They don't. Which company is this? Must be a startup with no payroll process.

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Salary receiving Date

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