Study of the Frequency of Paying Wages to Employees in Developing Countries

-- The Case of Angola

Abstract

Wages have long been a central issue of contention between parties in labor relations, but the periodicity of wage payment has not received sufficient attention as a key issue in the wage payment process. The length of the wage payment cycle has a significant impact on both the worker and the employer. It is generally believed that a shorter wage payment cycle can better protect workers' right to be paid for their work, and at the same time, a shorter wage payment cycle can change people's consumption patterns, especially those of low-income earners, and thus improve their quality of life. In developing countries, in addition to finding the delicate balance between free markets and government regulation, the economy needs the efforts of social entrepreneurs.