Pay cycle refers to the period during which an employee works before receiving payment. Pay frequency, on the other hand, refers to how often employees are paid, which also dictates the frequency of running payroll. There are four common pay frequencies to consider: weekly, biweekly, semimonthly, and monthly. And Payday refers to the day on which employees are getting paid.
What does Pay Frequency, Pay Cycle & Pay Day mean?
Varun Chadha . Jul 22, 2023
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neelagiri Jul 22, 2023
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