They don’t give a reason for this, but I assume it has to do with taxes. You see, if you pay someone $600 in any given year, you are required by law to report that earning and send them a tax form at the end of the year. And since 60,000 equals to $600, I assume they have that rule in place so they don’t have to deal with all that paperwork come tax time.
I also have used Synovate Global Opinion Panels, which is now I-Say by Ipsos. They send you surveys pretty frequently and the points you accumulate can turn into actual money! You can receive an actual check from them, or choose to redeem for a gift card. I haven’t cashed out with them since they changed into the new system, just because I’ve really stopped taking the surveys because I’m lazy 🙂 Here’s the link: http://i-say.com/Rewards/RewardsProgram/tabid/203/language/en-US/Default.aspx
They used to be cash-only, but in 2013 they switched over to a points system. Panelists can share their opinions in surveys and complete other various offers in exchange for points. 100 points is equal to $1, and most of their surveys pay up to $3. Survey topics are diverse and cover a variety of different topics. Pinecone Research is unique in that they emphasize consumption related surveys more than other panels.
Now, don’t get me wrong. There are people who do make a few thousand dollars or more a year with paid surveys. But that’s not the norm. If you do want to increase your earnings substantially, your best bet is to also join focus groups (we have a big list of ’em. Just do a quick search on Google for “moneypantry.com focus groups”). They pay much more between $50 to $400 or more per focus group secession.
Something very important to note before signing up at any site claiming to pay you cash to take surveys is that all legitimate sites offering online surveys that pay do not charge registration fees – they are free to join. Some sites may even offer you bonus as you sign in, to show you they are happy you have become a part of their team and helping them increase their revenue.
If you are looking for highest paying surveys, then you must join Harris Poll Online survey panel. Harris Poll Online is a well known market research company and has been in business for more than 50 years. Once you join Harris Poll Online you will have opportunity to participate in paid online surveys, focus group studies and paid product testing opportunities.