weekly pay

[sweetsummerlove]

...so I was contacted abour a nanny job this week, it isn't suitable, but I noted that the pay was issued weekly. Im not sure why, but this made me a bit nervous. I guess because it implys a lack of commitment? maybe iambu, since I know many companies work like this. . I can't reallyeexplain my issue with it...I wandered if this is common practice and how other nannies feel about it.

apologies for typos..phone!

Some may like weekly pay. Some like monthly.
If the parents use a payroll company, weekly pay will cost them more in admin fee as more payslips need to be created.

does weekly pay affect any other aspects of the job? as in length of notice required etc?

No not to my knowledge.

Iv always been paid weekly. I like it

i always thought that notice was , unless stated in a contract, how you were paid

ie weekly and give a weeks
monthly and give 4 weeks

I'm paid weekly, have to give 2 months notice on either side so unrelated to pay

assume you have a contract

meant those who dont sure there are many

Ah yes I'm not sure legally what it would be. But if you don't have a contract how can you expect any legalities.

My contract is Huge!

Statutory Notice - the employee has to give one week notice. Employers have to give one week notice, or once the employee has been employed for at least 2 years, then it is 2 weeks notice plus one week for each additional year... so 2 years employment = 2 weeks notice, 3 years employment = 3 weeks notice - up to a max of 12 weeks.

Possibly slight difference on maternity pay... as it uses "normal weekly" earning, so for a weekly paid employee would look at an 8 week period, where as a monthly paid employee would look at a 2 month period. That period ends on the last normal pay day on or before the end of the Qualifying Week. So a weekly paid employee could have a last normal pay day nearer to Qualifying Week than a monthly paid employee. If someone is paid the same amount each week, then I can not see there being a difference in how the "normal weekly" earning is calculated for purposes of SMP. So I would not worry about that, though do seek advice from an accountant if you feel that working out normal weekly pay may be tricky.

Weekly pay can be useful to the employee when starting a new job, as they do not need to wait a long time before getting some money.

Nanny salaries are often advertised as a weekly amount, quite rare still to see it as an annual salary, though some ads do give the annual salary amount. A lot of jobs do pay it monthly though, though no reason as I far as I can see for why it could not be done weekly if that is what suits both parties.