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What is semi-monthly vs. bi-weekly?
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Payroll schedules are semi-monthly and bi-weekly. For employees to be paid semi-monthly, they are paid on stated fixed days: the 1st and 15th, and this is semi yearly. It refers to an employee being…Continue
Started this discussion. Last reply by carson reed Sep 2.
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"Understanding payroll schedules can be confusing, especially when deciding between semi-monthly and bi-weekly payments. It made me appreciate tools that make managing salaries simple, like the Utumishi Portal — Get easy access to all the…"
What is semi-monthly vs. bi-weekly?
Payroll schedules are semi-monthly and bi-weekly. For employees to be paid semi-monthly, they are paid on stated fixed days: the 1st and 15th, and this is semi yearly. It refers to an employee being paid bi-weekly, twice a month, allowed it is, on the same day (every other Friday). At that, semi-monthly provides 24 pay periods a year while bi-weekly yields 26. The semi monthly offers preset dates but the days of the pay period may differ. This simplifies calculation of hourly wage and overtime…See More
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