Tuesday, June 9, 2015

BPO Companies with Bi-Weekly Pay Schedule

Before joining the BPO industry, I receive my salary trough semi-monthly (15,30/31) payment, which appears to be a standard in the country.

When I started working for a call center company that offers a bi-weekly pay schedule (every other Friday), I was surprised that there were a lot benefits for this type of payroll.

Let me share the pros and cons of receiving Bi-Weekly salary. Pros and Cons of Bi-Weekly Salary

Pros:
1. You will be paid 26 times a year compared to 24 times on semi-monthly payment.
2. It’s easy to manage your money since you wouldn’t have to wait for a specific date (15, 30) to receive your salary.
3. You can receive 3 paychecks in a month (May, October)  as seen from the bi-weekly pay calendar below.

Cons:

1. Smaller amount of paycheck since the hours worked is fixed at 80 compared to semi-monthly payment which is greater than 80 work hours. 

Here’s the List of BPO Companies with Bi-Weekly Pay Period (Every other Friday).

Convergys
Dell
EGS
Harte-Hanks

Ingram Micro
KGB
Startek
Stefanini
Transcom
VXI
West
Xerox

Would you prefer a bi-weekly pay period over the normal 15/30,31 pay scheme?

The list above were gathered trough Facebook comments so some errors may occurs in case there's a correction please let us know via the comments section so that we can remove or add other companies.



1 comment:

  1. does it mean you will have a deduction thrice in 1 month?

    ReplyDelete


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