Friday is the most common payday in Ireland and the most popular pay date as it is the end of what traditionally was the end of the normal working week.
The most common and popular method of deriving a weekly pay amount, from an annual salary is calculated by dividing the annual salary rate by 52.
A person paid weekly using the Salary divided by 52 method is better off financially than the person paid monthly where the monthly salary is derived at by taking the annual rate and dividing it by 12.
The reason for this is that the person paid monthly does not benefit from a tax period 53.
