It may be a bad idea for you but other people may find it advantageous.
More specifically, with payment and accounting technologies these days, there is no reason for a company to defer wage payments for two weeks.
Why provide your employer with an interest free loan?
I can see some big disadvantages from the employer’s point of view. Depending on what type of business they are in, they may need to collect their accounts receivable in order to have money in the bank to pay their employees.
Another issue is payroll taxes that need to be paid to the government. For businesses above a certain size those payroll taxes need to be paid every payday. If payday becomes everyday, the business would also have to pay the payroll taxes every single business day. This could add a lot of back office cost to the business to process payroll.
Totally agree. In this day and age of instant cash transfer, why should employers be allowed to earn interest off services rendered? I have to pay instantly for a meal.
Try joining the military then!