this post was submitted on 13 May 2024
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Do Brits also tell their salary on annual instead of monthly basis? I thought that was just an American thing
Where do they describe it on a monthly basis? I'm in Australia and I've never heard anyone describe their salary in anything other than annual. Take home pay we'd go fortnightly though.
Over here in Belgium we do, I thought that's how it's done in most countries. It makes more sense to me too, you get your salary monthly (or maybe fortnightly like you) and you talk about your rent, debt payments, ... also on a monthly basis.
At least in Germany, depending on contract, monthly payments vary heavily. For instance the labour agreement for the automotive industry contains a 13th salary at christmas time, vacation pay in summer, a bonus in spring depending on company performance, a potential bonus if you pass on some vacation days and more. Other contracts only have a monthly salary and no bonuses. My contract has only one bonus depending on company performance in April while my wife gets 12.8 monthly salaries (1.8x salary in November as end-of-year bonus). To compare job offers in any way, you can only go with the annual number.