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A comment on Citing revenue declines, Airbnb cuts 25% of workforce. Parent comment

Re:Citing revenue declines, Airbnb cuts 25% of workforce by ghaff on Tuesday May 05, 2020 @05:27PM (#23085274)
Larger companies tend to prefer weekly/biweekly as you don't get that month-length variance. On the other hand, many employees don't like it as much because their biggest bills tend to be paid monthly so they'd prefer their paychecks to be aligned.
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Re:Citing revenue declines, Airbnb cuts 25% of workforce by r00fus on Tuesday May 05, 2020 @05:41PM (#23085413)
I've seen both and as an employee the semi-monthly is the best - it's about biweekly but you don't have to wonder why some months you only see 2 paycheck vs. 3. Predictable is really good.

From a company standpoint, not having to accrue the liability on the ledger simplifies the accounting auditability & ability to close your books monthly.

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Re:Citing revenue declines, Airbnb cuts 25% of workforce by MereInterest on Tuesday May 05, 2020 @05:47PM (#23085469)
I've had it both ways, and prefer it biweekly. That way, I can build my budget based on 2 pay periods, and have the occasional 3rd paycheck in a month go immediately toward savings.
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Re:Citing revenue declines, Airbnb cuts 25% of workforce by rhizome on Tuesday May 05, 2020 @07:41PM (#23086387)
Biweekly is easier for the employee, semimonthly is easier for bookkeeping.
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Re:Citing revenue declines, Airbnb cuts 25% of workforce by ghaff on Tuesday May 05, 2020 @06:44PM (#23086006)
I've had it biweekly including in my first "tech" job. I made enough that paying bills wasn't really an issue and having the "extra" paycheck for savings seemed almost like free money towards savings/paying off loans.

On the other hand, I understand people who are on tighter budgets who would rather have their revenue better aligned with their expenses rather than having to balance them on their own.

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Re:Citing revenue declines, Airbnb cuts 25% of workforce by anamexis on Tuesday May 05, 2020 @05:59PM (#23085587)
Same for me. It feels like getting a bonus two months a year.
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Re:Citing revenue declines, Airbnb cuts 25% of workforce by lonelappde on Tuesday May 05, 2020 @07:00PM (#23086125)
That works for people who build savings.
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