MRNIGERDoxx:


This thread should be PINNED on The Frontpage of NAIRALAND.

I have Alot to discuss and relate about on this thread.



I'm coming.

pocohantas:
Hourly Pay Vs Monthly Salary…




Would you like this payment method or you prefer the fixed monthly salary?

Haba!!! So you want kill Nigerians,abi!

How much is the salary of the vast majority of Nigerians that have so low paying jobs?
How much is minimum wage?
Now divide that by the number of possible work hours....in Nigeria with her devalued currency,o

cococandy:

I’ve done a contract job before where I was paid weekly. The sweetness no be here. When I transitioned back to biweekly pay, it felt like I was waiting forever. Omo that monthly pay can’t work for me again.

And it’s not a matter of needing the money right away. It’s more because you feel like you’re being rewarded as soon as you’re putting in the effort. Like cash for hand back for ground levels
You do finish pay sharp sharp no long stories or we will tear your trousers and fight you at the junction levels

I swear weekly payment na the best

Klass99:


Great, then I like it.

I once worked at an org where salaries were paid twice a month to curb the excessive begging and incessant complaints of some staff about being broke.

For example if you earned 120k, you would get 40% of that on the 14th and 60% at month end, on the 28th or so. I thought it was cool because it kept me liquid and you know middle of the month na when salary earners dey broke pass.

Yet, we still had people burning through cash and complaining before the month ends.

About 7years ago,I know First bank used to do this but I don't know if they have stopped it.

pocohantas:


I never said it has to be. I only proposed a solution to his worries. Thank you.



I am hearing this for the first time. I know people in at least 5 top banks and none of them gets paid twice a month. Maybe it is the remaining 20-something banks that pay twice a month.

when i was in Wema Bank as a Teller, the other cadre of staff were paid 2ce and it was a process almost all banks adopted then. Dunno if they still continue presently

They will go broke. Monthly payment allows them see huge profit while the employees work like elephant and feed like ant.

This is a very interesting topic.
As someone within the healthcare, I worked in Nigeria before taking my career to the UK, there are challenges why hourly pay may not work in Nigeria.

At work in Nigeria, there is usually a downtime in which people stay in the office practically doing nothing and overstaying breaks. Over here you’re always busy from resumption till the closing time and break times are clearly defined and adhered to.

Electronic clock in helps to prevent truancy, in Nigerian offices people often leave work with frivolous excuses like… I want to deposit or withdraw from the bank, and may waste hours there… so hourly payment in this situation is unjustified.

Also, organisations abroad run in chains like multiple outlets thereby to a reasonable extent guarantee sales and cash flow which is not the same in Nigeria as salaries are derived from sales at the end of the month.

Poor economy in the country is affecting businesses as many are at loss jobs or struggling to survive. Unstable economy will warrant employers to be changing the hourly rates frequently.

I wonder

It won't work. The minimum wage is so low that it does not justify it.

pocohantas:
Hourly Pay Vs Monthly Salary…


Would you like this payment method or you prefer the fixed monthly salary?

So if you send Afeez to go and buy cement and Afeez got stuck in traffic jam for 3 hrs, will you pay Afeez 3 hrs money, or you will say, that 3 hrs no concern you? Afeez will fight you O.

Hourly renumeration would make the uselessness of most salary jobs obvious especially in the private sector.
On the flip side, people will get paid strictly for value.

Someone earning 100k and works 8am - 4pm on Monday to Fridays is on 625 naira per hour.

Most People endure poor paying jobs coz of the side benefits.

Some of those include; sticking in comfort zone, fear of the unknown, fhucking co-workers, bribe and tips (civil service especially), clout, flexibility and fit into personal life and "jelosimi"...

pocohantas:
Hourly Pay Vs Monthly Salary…




Would you like this payment method or you prefer the fixed monthly salary?

Hourly pay would be much better cos it would be easier to negotiate for a much better pay. But considering how corrupt Nigeria is... only a few people want to be in possession of the money.

Take for instance a fresh university graduate who is paid #65,000 per month and works 9 hours a day, 5 days a week and 4 weeks a month is only receiving about #361.2 per hour. #361.2 multiplied by 5 working days would be about #16,254 for a weekly pay.

I trust that if it’s being stated this way and paid a cumulation of it biweekly or even weekly in pay checks (like you suggested in your second post) as the case may be, Labour Unions would have fought for a upward review on salaries a long time ago, like making minimum wage #1,000 per hour.

But like I stated earlier, corruption wouldn't allow employers and the government reason this way.

pocohantas:


Hahahaha! They peel egusi there too? Omo! I was shocked when I saw one selling crayfish inside the office. Everywhere was smelling crayfish! Who does that?!!!

civil servants that's who

pocohantas:


Wow! In this UAR? That is a very laudable move.

You blame them? Responsibilities too much for this Nigeria.

I have always wondered how people in civil service do it. They are owing you for 7 months and you are still coming to work. Is it that there is something going on there that we don’t know?

It's not so bad in UAR na

I worked for one firm in Surulere, they do same thing. 35% by the second week of the month, the rest end of the month. Though the firm wasn't so great aside in this area.

They won't because the nigerian labor force is meant to be enslaved with low pay. Most people work 12 hours straight 7am - 7pm. That 2 jobs for one pay. When I was in the bank, one of our useless boss will fix morning meeting by 6 am. Some days vault will not balance till 9pm. If we were paid according yo hours believe me banks would be shutting to customers by 3.

Because they won't be able to cheat their employees.

I own a laundry outfit. I pay daily.

Hourly pay will be worst!

They will only demand your service when required and you might end up not making 20hrs weekly!


It sounds interesting, but I know Nigerian employers will capitalize on the loophole if effected.

Monthly salary is the best for a country like Nigeria

izzou:


These guys are always busy, and deserve a higher wage.

But this is like just one out of many

Imagine a country where we have to provide our of means of getting water. Yet, we have a Ministry for Water resources. Every state even has a Water Board.

There are so many useless ones like that too

you just dey spill intelligent intelligent cap this morning. Some nairalanders Sha get sense.

Taigaban:
Because they won't be able to cheat their employees.

They will cheat employees more with hourly rate!

cococandy:


Well those ministries are different because I don’t even know what their job description is. What are they ministering?

But something like government healthcare is a different beast. There must be sick people to care for. They work all the time like regular civil servants and get owed too . But they have to go or they get fired and they can’t play around at work or people will die.

I saw all that and I developed a deep dislike for the government and how they treated their employees. That’s why I don’t feel any type of way when some employees take advantage of the system. As long as no one is being put in harm’s way.

People are collecting money for doing nothing and you say nobody is getting hurt?
You realise those trillions of unproductiveness is why so many dying from no jobs to bad healthcare to insecurity to poor education to bad road accidents to no drinking water to no electricity?

JohnBullMySon:
Hourly pay does not work well for all jobs. It is best suited to unskilled jobs. For example, in the US, not all jobs follow the hourly thing religiously especially tech roles. They are more concerned with deadlines and productivity. If you can beat these two, you can work for 4-5 hours and still be paid like typical 6-9. However expect to stay significantly longer when a deadline is approaching because you no be robot.

Even if hourly pay is not stated explicitly, they have a mental calculation of what their time is worth and they use that to arrive at the total pay. If you go below their expectations based on their skills and expertise, then you would know that they can very well divide that pay into hours and tell you it is not worth their time.

That is why even in Nigeria, it is mostly multinationals that pay well. They know time is money and do not pay with the Naira as its base figure.

CrazyMan:

Hourly pay would be much better cos it would be easier to negotiate for a much better pay. But considering how corrupt Nigeria is... only a few people want to be in possession of the money.

Take for instance a fresh university graduate who is paid #65,000 per month and works 9 hours a day, 5 days a week and 4 weeks a month is only receiving about #361.2 per hour. #361.2 multiplied by 5 working days would be about #16,254 for a weekly pay.

I trust that if it’s being stated this way and paid a cumulation of it biweekly or even weekly in pay checks (like you suggested in your second post) as the case may be, Labour Unions would have fought for a upward review on salaries a long time ago, like making minimum wage #1,000 per hour.

But like I stated earlier, corruption wouldn't allow employers and the government reason this way.

You are wise!!! I had a boss that kept threatening me way back. He would tell me to divide my salary by 21 working days and ask myself if I deserve it. Lol. That was a good question. But thinking of it now, if I divide that salary by 10hrs, it was nothing. Yet we thought we were enjoying.

pocohantas:


Paychecks would be weekly.

And will likely amount to a quarter of the usual monthly pay.

uuzba:

So if you send Afeez to go and buy cement and Afeez got stuck in traffic jam for 3 hrs, will you pay Afeez 3 hrs money, or you will say, that 3 hrs no concern you? Afeez will fight you O.

Thought provoking

Because while Afeez is not adding any value for the three hours he is stuck in traffic, he is not being slothful either.

Cc: Pocohantas

bukatyne:


Thought provoking

Because while Afeez is not adding any value for the three hours he is stuck in traffic, he is not being slothful either.

Cc: Pocohantas

It obviously can’t apply everywhere as stated in my opening post. But then, Hafeez has also wasted productive time in traffic. That is a problem for Hafeez and his employer to figure out.

Kennydoc:


And will likely amount to a quarter of the usual monthly pay.

I wouldn’t put it past Nigerian employers.

The person who posted this does not understand the meaning of pay per hour. Those who are engaged in this working arrangement are mostly students and the like. It is not tenured or permanent. Pay checks may come in every fortnight. The ''employee'' may be sacked at any time without notice. In Nigeria, we have pay by day/day pay. Hourly pay is not a job; it is merely transitory for job seekers, the unemployable and unemployed. Fits the schedule of Church's, Kentucky, Burger King, McDonald, Car wash, schools, but never any traditional public service that craves for tenure. Works fine in the US of A.

pocohantas:
Hourly Pay Vs Monthly Salary…




Would you like this payment method or you prefer the fixed monthly salary?

There's a lot of investment in infrastructure, changes in work culture and improvement in security for this to work.

descarado:
I prefer hourly pay.

Weekly pay messed my planning and system up.
I did bi-monthly pay for few months and went crazy.

On the other hand, I have a friend who recently joined the monthly pay gang. She couldn't cope
To each his tent.
What works for A might not apply to B

Sir please check my signature i ll
really appreciate

Will you pay bankers for the extra work? Because if 100 coys are bringing salary schedules in a week, una go pay me 1m a month o.