Weekly Pay System triggers consumption and economic growth. Monthly Pay System in vogue in Pakistan’s corporate sector must be reevaluated. SECP must take affirmative action.
1. Economic Way Forward
Weekly
Pay
Higher
Consumption
GDP
Growth
Weekly Pay System
In Pakistan in government and corporate
sectors, monthly pay system is in vogue since
long that hampers economic growth and
development. Economists and analysts have
been advocating for the weekly pay system.
SECP must hold a series of seminar in
consultation with key players in corporate
sector for adoption of weekly pay system.
Moreover, pro-business Prime Minister of
Pakistan Nawaz Sharif will take this initiative
in great national interest.
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