The bank's current interest payment is settled quarterly, and generally the interest is settled once on the 21th. If the salary is paid before 11, the savings used for paying the salary will not get the current interest. For some labor-intensive enterprises, there are many employees, and there are millions of funds for salary payment every month, and some private enterprises pay attention to the core concept of the Finance Bureau of "every inch of land is contested". This time, interest settlement is particularly highly valued for them. That's one of the reasons why some enterprises will choose to pay wages after 21 days. Compared with employees, they get paid before 11, which can already be used as the specific expenses of the month.

to give a simple example, many banks set the repayment time of credit cards at the 11 th of each month. After employees receive their salaries, they can use the salary of that month to repay their loans by credit cards. If you get paid after the 21th, the living expenses of the first half of the month can't be paid by the salary of the current month, which is actually a disguised personal behavior of making independent advances. If you put it in an enterprise, the difference will be great. The key lies in the interest expense. Because the interest is calculated on the 21th of each month in the first quarter, if it is a larger company, the monthly salary will be several hundred million. If the salary is paid after the 21th, it will be equivalent to an extra interest expense. Secondly, the salary will be paid on the 11 th or 25 th, and in the middle of this half month, the company can use this expensive account for other inputs or as working capital, which will undoubtedly produce some capital benefits.

whether the salary is paid on the 11 th or the 25 th, it reflects the face of an enterprise. Before the 11 th of each month, the salary is paid by some well-known enterprises or foreign-funded companies, with excellent credibility, perfect rules and regulations, operating standards and outstanding economic benefits; However, it is common for small and medium-sized enterprises and some private enterprises to pay wages on the 25th, and they are quite concerned about some immediate interests, delaying the wages of employees, and pressing them if they can. It is also possible that this kind of company's benefit is not good, and its employees are highly mobile. Paying employees until the end of the month can stabilize the workforce and reasonably punish some staff who violate the regulations. Enterprises that settle wages before the 11 th of each month are generally large companies such as high-tech companies and their listed companies. Because such companies have super-professional financial statistics and fast statistical analysis, they can quickly calculate employees' salaries.

Enterprises that pay wages on the 5th of each month are generally enterprises with relatively perfect rules and regulations and relatively stable income. The mobility of employees in such companies is not strong, so the speed of wage settlement is quite fast. Most of the enterprises that pay wages at the end of the month are small and medium-sized enterprises. In such companies, it takes a long time for one person to analyze the salaries of all employees. Moreover, the income of small and medium-sized enterprises is unstable, and sometimes the working capital is not enough, so the salary will not be paid until the end of the month. Salary payment is the most concerned point for every worker, because everyone works hard for a month or a cycle, so what he gets is salary. Getting salary in time is different from not getting salary in time for employees, and it is also different for enterprises.

Let's talk about enterprises first, assuming that a company's salary payment time should be at the beginning of each month, but I still pay it at the end of each month. That's equivalent to the enterprise taking up everyone's salary for a month. In terms of loan interest, the salary caused by this month's cycle time may be almost zero, but in terms of working capital, it is very helpful to the company. For an individual, if she has formed a regular pattern, then he is only equivalent to pressing one month's salary. For a person or a family, the harm is probably not great, but if it is accumulated for a long time, if the salary is pressed for several months, then the pressure on a family is still great.