Pre-paid Salary: The Shocking Result of Our Poll

Few days back I wrote about salary traditionally being paid after work is done (end of month), and how it could possibly be paid in advance of the month as pre-paid salary.

After that, we ran a poll with 600+ people inside Mindfire. This was not an academic poll – it was an actual serious offer to change salary to be on pre-paid basis. The result was pretty much certain – people would obviously always want salary as soon as possible, and before the month – before work is done – is sweeter than honey. Obvious, right? Right?

Wrong!

The results are an absolute surprise.

About 70% people voted. Of those, 60% people voted for salary at end of month – same as today! 7% voted for salary in middle of the month, and 33% voted for salary before the month begins. If you regard the 30% absentees as voting in favor of status quo, it is a straight majority for post-paid salary, at 72%!

I have no idea why people do not want salary before work is done. Maybe it is self-respect. Maybe it is maturity. Maybe it is to be in sync with rest of the world. Maybe they trust Mindfire and salary is not an issue. Maybe people see no reason to do it, and no benefit of doing it. Maybe there is no need for (earlier) money.

One thing I do know: thankfully we didn’t just start pre-paid salary without asking people for their choice. It was dead simple “obvious” and “certain” that people would like it, so we could have just rolled it out in the comfortable assumption that people would appreciate it. But asking people allowed us to get true pulse. And now we know better – people don’t want it. And there ends this adventure!

Lesson learnt: it is dangerous to assume, even on seemingly “obvious” things. The world is full of surprises!

 

PS: It would be interesting to run similar polls in different organizations, and check what patterns emerge. If you happen to run it in your team, do let me know how things go!

 

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