[mooism2]

I am paid monthly in arrears. If I was paid annually in arrears, I would have cashflow issues, would have a greater need of short term loans, and would want a larger salary to compensate me for this.

Most of my expenses (credit card, utility bills, mortgage, ...) are monthly; annual and ad hoc expenses combined are less than this. So it makes sense for my salary to come in monthly as well.