Shark Tank's Anupam Mittal Proposes Bi-Monthly Salaries to End 'British-Era' Payout System

Anupam Mittal of Shaadi.com said paying employees twice a month will also ensure better cash flow and will be a win for the economy.

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Anupam Mittal, founder of People Group and Shaadi.com, has suggested that companies should pay their employees twice a month instead of following the traditional 'British-era next-month payout system.'

In a LinkedIn post, Anupam argued that this change would help employees avoid missing EMIs, rent, and other essential payments.

He cited Shaadi.com's decision to pay salaries at the end of the current month, not the following month, as a common-sense approach.

Anupam proposed paying employees on the 15th and 30th of each month, which he believes would improve cash flow, reduce stress, and increase spending velocity, ultimately benefiting the economy.