This Indian company adopts weekly salaries in place of monthly

Moving away from the monthly system, the firm said the step will make lives easier for its employees

In a first. e-commerce firm IndiaMART has started making weekly payments to employees, according to a Facebook post by the company.

IndiaMART, a business-to-business (B2B) firm, claims that the move will reduce the financial burden on employees and also incentivise them to work better.

“With an aim to build a flexible work culture and ensure the financial wellness of our employees, IndiaMART becomes the first Indian organization to adopt a weekly payout of salaries!" IndiaMART said in a Facebook post.

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The move from a monthly salary system, the company says, means that employees will not have to wait till the month-end to get paid and it will make lives easier for them.

Even as the move comes as a first in India, weekly payouts have been adopted in several parts of the world.

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