I think this is mostly a US thing. Why use yearly salary? You’re not paid once a year, are you? Most likely once a month. Referencing monthly salary makes much more sense.

“I’m making 50k”. Great, now I have to guess - dollars? Monthly? Yearly? If yearly then what’s the monthly paycheck? Net? Gross?

  • HurlingDurling@lemm.ee
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    1 year ago

    I mean, you just basically answered your own question. People get paid hourly, weekly, every 2 weeks, monthly, and some even per sale (ie. Realtors) so the only way to have a constant measurement is yearly.

    • Cyclohexane@lemmy.ml
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      1 year ago

      Why not monthly? It seems the smallest unit to encompass them all, and is fairly standard.

      Monthly makes sense also since most bills are monthly.

      • bob_lemon@feddit.de
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        1 year ago

        Until you have people who get a yearly bonus. Or 13 or 14 monthly salaries a year, which is quite common in Germany (basically a bonus, but the employee is entitled to it).

  • Lettuce eat lettuce@lemmy.ml
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    1 year ago

    Lol who would hear “I’m making 50k” and think it’s anything other than per year unless they just stepped out of a private jet…

    I feel like this might be confusing only if you are under the age of 14 and have no idea how money or the world works…

    • austin@aussie.zone
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      1 year ago

      I know people who make 50k per month and don’t have jets. I make 30k p/m but I’ll get there one day. It’s crazy how when I was broke making $20/hour in a cafe that I thought everyone or most people are broke but now I’m making modest money it’s crazy how many other entrepreneurs are in my circle now. Just wow.