accountinglads
3 posts
Jul 11, 2025
4:28 AM
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Payroll cycles refer to how frequently employees receive their wages. Common options include weekly, bi-weekly, semi-monthly, and monthly payroll schedules. Weekly or bi-weekly cycles are ideal for hourly workers who need frequent payments, while salaried employees often prefer semi-monthly or monthly payroll for easier financial planning. A business should choose its payroll cycle based on cash flow, administrative capacity, industry practices, and employee preferences. Balancing business needs with employee satisfaction is key when deciding on a suitable payroll schedule.
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Last Edited by accountinglads on Jul 11, 2025 4:33 AM
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