Pay Schedules

A pay schedule is a set timeline or frequency that an employer uses to pay employees. It outlines when employees can expect to receive their wages or salaries, and it can vary depending on the employer's policies and practices. Common pay schedules include weekly, bi-weekly (every two weeks), semi-monthly (twice a month), and monthly.

Each pay schedule has its advantages and considerations:

Weekly: Employees are paid every week, providing them with more frequent access to their wages. However, this schedule can be more administratively burdensome for employers.
Bi-weekly: Employees are paid every two weeks, resulting in 26 pay periods per year. This schedule is straightforward and aligns with many regular billing cycles, but it can create budgeting challenges for employees who may have higher expenses in certain months.
Semi-monthly: Employees are paid twice a month, often on the 15th and the last day of the month. This schedule provides a balance between the frequency of weekly pay and the simplicity of monthly pay, but it can lead to complications in months with fewer or more than two pay periods.
Monthly: Employees are paid once a month, typically on the same date each month. This schedule is simple to administer but can be challenging for employees who need to budget their expenses over a longer period.

Employers must comply with applicable labor laws and regulations regarding pay schedules, including minimum wage requirements, overtime pay, and pay frequency. It's important for employers to establish and communicate their pay schedules clearly to employees to avoid confusion and ensure compliance with legal requirements.

How do I remove a pay step from a pay grade?

Pay Schedules

Adding a pay schedule, pay grade, and pay step

Adjusting amounts on a pay schedule

Printing pay schedules

Deleting a pay schedule, pay grade, and pay step