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Analysis · Consumer Internet & Media

Anupam Mittal urges bi-monthly salary model

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Date
Company
Shaadi.com
What it does
Online matrimonial platform
Kind
Analysis
Sector
Consumer Internet & Media

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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