Before you create a pay frequency schedule, consider the following four factors: Pay frequency laws Your employees Your industry How you run payroll 1. Pay frequency laws Are there pay frequency laws you have to follow? Yes—and no. There is no federal law that says what frequency you ...
Payroll processing for biweekly hourly employees is straightforward; however, processing for semimonthly hourly employees can get confusing. For biweekly hourly employees, simply pay the employee according to the number of hours he worked over the past two weeks. For semimonthly hourly employees, to ...
An on-demand pay benefit to employees— also known as earned wage access— may be the best of both worlds for employers and employees because employees can be paid daily while the employer runs payroll biweekly or even less frequently. What Are the Pros and Cons of a Weekly Pay Schedule?