John JonasOwner, OnlineJobs.ph · Scale Your Business with Filipino VAs

How Much and How Often Do You Pay Your OFS #ytshort

6 Jul 2023 · 1 min

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0:55

John Jonas recommends paying new hires weekly for their first two months, not upfront. After that, salaried staff get paid monthly or biweekly, while hourly workers are paid based on hours reported.

Questions this video answers

Once a month (on the 1st) or twice a month (every two weeks).

Pay weekly for the first two months, paying after each week of work (do not prepay).

Chapters

Well, so how much you pay them depends on how much you negotiate with. How often you pay them is the same thing. Depends on what you negotiate with them. We pay our people either once a month or twice a month. So every two weeks or once a month on the first of the month, almost all of our people are salaried. So we pay them the same amount each month. And then we give them yearly raises. If they're hourly, they track their hours and they tell us how much they've worked, and then we pay them based off of that also. So in the beginning, if you're just starting, I really highly recommend paying someone weekly for the first two months. Now, don't prepay. So they do. You hire them, they do a week of work. Then you pay them for that week of work that they just did. And there's a couple reasons for this. Number one, it lets them trust you, so they're very scared about getting scammed. And if they do a full month's work without getting any payment, wow, that's a lot of risk on their part. They're putting a lot out there, and that's hard for them. So if you're willing to pay them once a week for the first couple months, that's a really good thing for them. It also is a really good out for you.