Analysis · Consumer Internet & Media
Anupam Mittal urges bi-monthly salary model
By Startup Enthusiast ·
- Date
- Company
- Shaadi.com
- What it does
- Online matrimonial platform
- Kind
- Analysis
What they do
Shaadi.com founder Anupam Mittal proposed paying salaries twice a month, on the 15th and 30th
What happened
He says delayed salary creates financial pressure for rent, loan EMIs, and other commitments
Why it matters
Mittal argues bi-monthly pay reduces stress, debt traps, and boosts spending and the economy
The details
- Anupam Mittal, founder and CEO of Shaadi.com and a Shark Tank India judge, posted on LinkedIn urging companies to pay employees twice a month.
- He proposed a bi-monthly salary model with payments on the 15th and 30th of every month.
- Mittal said that delayed salaries create financial pressure for rent, loan EMIs, and other commitments.
- He stated: 'Cash flow is dignity'.
- He argued that bi-monthly pay means less stress, fewer debt traps, more spending velocity, and a nudge to GDP.
- Shaadi.com itself releases salaries at the end of the current month, not the next month.
- Online discussion saw some users support the idea while others questioned its feasibility for different company sizes.
The bigger picture
- Mittal's proposal highlights the financial strain many employees face due to monthly salary cycles.
- It connects employee well-being with broader economic benefits like increased spending.
- The idea has sparked debate about payroll practices across different company sizes.
About the business
- Shaadi.com is an online matrimonial platform.
- It connects people looking for marriage partners.
- The company releases salaries at the end of the current month, not the next month.
Founders
- Anupam Mittal, Founder and CEO
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