Do You Like Having A Payday Or Being Paid Daily

The 15th was on Sunday, so Friday the 13th is PAYDAY for a lot of us.  If you had the option, would you rather get paid DAILY?  Or do you like paychecks in a big lump sum, so you can't spend it all at once?

A new survey by the American Payroll Association asked 40,000 people.  And 3 out of 10 said they'd prefer a bunch of smaller payments instead of two paychecks a month.

The annual APA survey asked, "Would you like access to some or all of your wages on-demand as you earn them instead of waiting for payday?" Approximately 12,027 respondents, 32 percent, indicated this is a benefit they are interested in.

 

On-demand wage payment, which enables employees to access their wages as they earn them rather than waiting for a lump sum payment on a designated payday, has recently risen in popularity. Some employers are beginning to use a flexible pay schedule as an added benefit in the workplace.

Flexible pay schedules are already being offered at some companies.  But most of us would only be into the idea if it was free, but wouldn't do it if there were extra fees.

(PR Newswire)