Pay Period Calendar 2021 – A pay period is a repeating length of time over which staff member time is being recorded and paid. Understood as payroll frequency, pay frequency, payroll period, and payroll schedule. Companies are needed to develop a constant pay period for their staff members, and need to adhere to any extra requirements as identified by their state. Companies attempt to stabilize the expenditure of running payroll with their staff members’ choice for regular paydays.
A pay period is a repeating length of time over which worker time is taped and paid. Examples of pay durations are weekly, bi-weekly, semi-monthly, and month-to-month.
- A weekly pay period leads to 52 incomes in a year. Per hour workers are typically paid weekly. In some cases these staff members are paid a week in defaults. That is, they tape-record and kip down their time sheets at the end of one week and are spent for that time a week later on. This provides the payroll clerk time to determine spend for these workers
- A bi-weekly (every other week) pay period leads to 26 incomes in a year. Some per hour staff members are paid bi-weekly, and some employed staff members are too.
- A semi-monthly (two times a month) pay period leads to 24 incomes in a year. Generally, employed workers are paid semi-monthly.
- A regular monthly pay period leads to 12 incomes in a year. Nearly all month-to-month pay durations are for employed staff members.