We have all tried all sorts of plans regarding pay day, but the plan most satisfactory to all concerned is to pay each Tuesday or each Monday for the previous week. If the nature of your business is such that Monday is an unusually busy day, then Tuesday should be your pay day.
Monday is usually called blue Monday, because the employees blot out some of the sunshine on Sunday by thinking of the hard week’s work ahead of them. Much of the blueness is driven away, however, if in looking forward they know that Monday or Tuesday they will get their pay checks.
The old fashioned habit of paying off Fridays nights is a bad one, especially if most of the employees are men.
Many men are weak and it is difficult for them to pass by a pub over the weekend without the money in their pockets burning a hole.
The Friday pay day may mean that a percentage of your employees will not show up on Monday morning. Many men will go on a spree on Saturday night on the theory that they can rest up on Sunday, who would not think of going on a spree on Monday night or Tuesday night, for it would interfere with the work next day.
Try it in your business and you will not go back to the Friday pay day.