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Monday, October 08, 2007

PAY DAY TODAY

The majority of workers in Thailand are paid on the last working day of each month. Our company is different though and we get paid on 7th, but if day that falls on a weekend or holiday we are paid the first working day after.
It makes things difficult sometimes because a lot of financial institutions set their due dates to coincide with when most people get paid. For example the due date for one of my credit cards is 9th, which gives me just about enough time to get any payment to them without being late. I also have to pay my rent on 5th of each month but they kindly allow me a couple of days grace.

3 comments:

Anonymous 4:57 PM  

Here at my job in the UK we get paid on the 27th of each month - I have no idea ho wthat date was chosen. Unlike your firm though, if that falls on a weekend or a holiday we get paid the last working day before this. Getting paid early always seems like a bonus - however in reality your money has to stretch for longer. In my last job we were always paid on the 23rd again for no reason that I could see. At Christmas we are always paid early - on or around the 21st which is very nice but can make January seem like a very long, broke month!However I would imagine that the Banks would prefer staggered pay dates rather than everyone getting paid at teh same time which must put massive strain on the system. Sometimes we hear on the news that one of the large clearing banks has "failed" over the period of the last day of the month and people are unable to access their pay for a day or two until the problems are sorted.

(c) 2016 Written by Andrew Batt 5:53 PM  

Thailand is just different in many ways. You can tell when it's payday in Bangkok because it's so hard to get a taxi, and worse if it rains. By the end of the first week of the month it's back to as normal as you'll get in Bangkok. Another thing I have noticed is that a lot of shops have sales around 20th-25th of each month to try and entice any remaining money from the pockets of the public. Very cunning.

David 1:10 AM  

I was always able to tell when the police upcountry were running out of money because more roadblocks and speed traps would be set up towards the end of the month. We used to call it "wage supplements".

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