Typical payroll run weekly or monthly???
#1
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Thread Starter
Joined: Feb 2010
Location: Blockhouse Bay, Auckland
Posts: 2,797
Typical payroll run weekly or monthly???
HI there, noticing most rental accomodation seems to require payment weekly, is that because most Kiwi employers pay weekly or do some/most pay monthly or does it just vary widely by employer???
#2
Re: Typical payroll run weekly or monthly???
Most employers pay fortnightly. I have only had one (small, private company) pay monthly to save their admin costs!
In regard to rental - price is by the week but you pay however the landlord requests. My last rental was fortnightly (to coincide with my salary!)
In regard to rental - price is by the week but you pay however the landlord requests. My last rental was fortnightly (to coincide with my salary!)
#3
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Location: Blockhouse Bay, Auckland
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Re: Typical payroll run weekly or monthly???
Thanks!
#4
Re: Typical payroll run weekly or monthly???
Remember if you rent is paid weekly they can ask for a week's rent in advance - no more. If you're rent's paid fortnightly, they can ask for 2 weeks rent in advance, no more.
#5
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Re: Typical payroll run weekly or monthly???
I have lived in NZ my whole life and I found most employers paid weekly.
I did end up working for one who paid monthly, and my partner was paid fornightly but before those jobs we always got paid weekly.
In regards to rent in advance, landlords can legally ask for 4 weeks in total for rent and bond before moving in - or it might possibly be 4 weeks rent for bond + two weeks rent but I am pretty sure it is legally they are not allowed to ask fro more than a total of 4 weeks up front (bond and rent)
I did end up working for one who paid monthly, and my partner was paid fornightly but before those jobs we always got paid weekly.
In regards to rent in advance, landlords can legally ask for 4 weeks in total for rent and bond before moving in - or it might possibly be 4 weeks rent for bond + two weeks rent but I am pretty sure it is legally they are not allowed to ask fro more than a total of 4 weeks up front (bond and rent)
#6
#7
Re: Typical payroll run weekly or monthly???
I get weekly she gets fortnightly
As for rent tha maximum they can ask is 1 week in adv and 3 weeks bond this can go up to 4 weeks if u are bringing pets to cover any damage
Neil
As for rent tha maximum they can ask is 1 week in adv and 3 weeks bond this can go up to 4 weeks if u are bringing pets to cover any damage
Neil
#12
Re: Typical payroll run weekly or monthly???
Both hubby and I get paid fortnightly, but I have 2 jobs....which is handy, one pays one week, the other pays the next week. I think I'd find going back to monthly pay a problem now if I'm honest.....we still go overdrawn from time to time ....but never for more than a couple of days with money going in weekly
Forgot to say...when we rented we paid weekly, not that we expressed any request to pay differently, but weekly did seem to be the norm.
Forgot to say...when we rented we paid weekly, not that we expressed any request to pay differently, but weekly did seem to be the norm.
Last edited by Tomsk; Mar 5th 2010 at 5:59 am. Reason: adding a quick ps
#13
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Re: Typical payroll run weekly or monthly???
Great answers, thanks everyone!
#14
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Joined: Jun 2005
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Re: Typical payroll run weekly or monthly???
I'm fortnightly, him is monthly.
We're probably not helping much are we?
The good thing is when you have a mortgage you can choose whichever suits according to the way you are paid, so we pay fortnightly.
We're probably not helping much are we?
The good thing is when you have a mortgage you can choose whichever suits according to the way you are paid, so we pay fortnightly.
#15
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Location: Blockhouse Bay, Auckland
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Re: Typical payroll run weekly or monthly???
No all useful, think the UK is overwhelmingly monthly (with the exception of certain trades), so useful comparison and good info on the mortgages and rents etc.