FuzzyCupcake
FuzzyCupcake

Salary receiving Date

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

25mo ago
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WigglyBanana
WigglyBanana

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

FuzzyCupcake
FuzzyCupcake

Received before month end is quite good

GroovyMochi
GroovyMochi

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
FuzzyCupcake

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

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

FuzzyCupcake
FuzzyCupcake

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

Probably earning money from interest or something

PerkyMarshmallow
PerkyMarshmallow

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

FuzzyCupcake
FuzzyCupcake

Why is it like that specific reason?

JumpyPretzel
JumpyPretzel

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.

CosmicMochi
CosmicMochi

We receive on 22nd of current month.

FloatingUnicorn
FloatingUnicorn
Zomato25mo

We always receive at last working day of the month.

ZoomyBanana
ZoomyBanana

From what I know, Indian law states that salary must be credited before the 10th of the following month.

SparklyPotato
SparklyPotato

It takes time to get payment from the clients, invoices are raised end of the month then the invoice is approved and then swift transfer, a minimum of a week.

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