semi monthly pay schedule 2022 1st and 15thstar trek into darkness aztec decals
beaufort memorial hospital human resourcessemi monthly pay schedule 2022 1st and 15th
h[oF>&(rK 0`u6@^ C*lI=gV$ep{kUlPJk VJ;\ JQ>Z )_ [ #LQq"va.,V7L9?iY)b)YY?K:#R3b/W(S%kulD KY|TJ#IjDD8M"$J%(# hbbd```b``"l@$!DrH` df3`4`@= $! " H ?Tv!%309]0 The more frequent your pay periods, the more time you or your employees will need to spend on pay cycle functions as opposed to other things like growing your business. Employers typically issue checks on the 1st and 15th of the month, or the 15th and the last day of the month. While the change will impact the number of times these Soldiers get paid each month, it wont change the total monthly compensation for Soldiers. Read on to learn about these different pay structures, and which one is best for your organization. 15 hourly 17.38 18.25 19.16 20.12 21.12 22.18 23.29 24.45 25.67 26.96 28.31 29.72 31.21 . The secretary/timekeeper must notify payroll that they have changed your days worked. Start Date. Payroll processing incurs costs for the organization, so choosing the most cost-effective method for your budget is preferable. Employers often delay paydays for hourly employees to allow for time sheet processing. It is YOUR responsibility to regularly check your paystub and Frontline to ensure that your days worked are properly recorded to guarantee correct payments. The right pay schedule will benefit both you and your employees. To ensure compliance, employers must review their exempt employees and determine if they meet the new threshold. 02/09/2022. Invite your payroll processor or other vendors to participate. Additionally, your business may bill an employee's time for certain projects to an internal account or an external client. Attract top talent, develop employees, and make better decisions with actionable data. If you believe that you have been paid incorrectly, please follow these steps. Also Check: 90 Day Probation Period Template, With Semi Monthly Pay schedule, employees are guaranteed their payday at the same time on the same date every twice a month, giving them a fixed payday number. But, before you can cut any checks, you first need to decide on a payroll schedule for your business. Your employees count on their paychecks being available on payday. Full-time semi-monthly employees will receive 86.67 hours of pay per paycheck. Therefore, the last day of the pay period is typically not when employees get paid for their work from that pay period. If you believe that you have been paid incorrectly, please follow these steps in order: You can access your W2 by visiting the Pittsburgh Public Schools Staff Webpage and clicking on the W2 Copy button under the Employee Resources (HR, Payroll) section. Transform open enrollment and simplify the complexity of benefits admin. Also Check: Can You Donate Plasma On Your Period. Semi-Monthly Payroll Schedule 2022-2023 . In order to move to Step 2, you must work as a Full-Time Substitute for ten (10) non-consecutive months. Because your demotion date is October 9, you will receive your Full-Time Substitute salary prorated for October 1-October 8. Payroll Payroll Fast, easy, accurate payroll and tax, so you can save time and money. In February a pay period could have 13 or 14 days, which translates to daily rates of $153.85 or $142.86. Employees will be paid more often, receivingtwo extra paychecks each year when compared to a semi-monthly schedule. Last-minute changes or inaccurate reporting could result in overpayment. <> Payroll Overview Overview Small Business Payroll (1-49 Employees) Midsized to Enterprise Payroll (50-1,000+ Employees) Compare Packages Engage new hires with onboarding and control costs with timekeeping. Seeing is believing. 1/1/2022. Your days worked for that assignment must be recorded properly in the Frontline Absence Management system in order to reach Full-Time Substitute status. As HR prepares for the new year, its key to stay ahead of the curve on important dates and compliance requirements. However, semimonthly payroll schedules also have their disadvantages. This is a requirement of the Pennsylvania Department of Education. Fiscal Year 2022-23. and clicking on the W2 Copy button under the Employee Resources (HR, Payroll) section. A pay date is the date on which companies pay employees for their work. You do have the option of scheduling recurring payments on any two dates in a month that are spread equally apart. *Represents approximately 30,000 corporate clients covering 40,000 businesses employing people. Also Check: 90 Day Probationary Period Policy Examples. Paycor has the right defenses in place to protect your data. For example, adjusting a pay period to avoid paying overtime to someone would violate the FLSA. Eliminate large down payments and end-of-year surprises. If you believe that the promotion date is incorrect, respond to the email from subservices@pghschools.org immediately. A lot of Soldiers liked the change to semimonthly because it closely approximated the every-two-weeks of pay that the civilian world received.. 2022-2023 Non-Administrator Semi-Monthly Pay Schedule. It can determine the type of talent you attract and the long-term expenses you incur as a business. Payroll software can help businesses automate processes, keep you compliant, and make sure you pay employees correctly. Notification of Full-Time Substitute Status, When you reach Full-Time Substitute status, Human Resources will send you, your secretary/timekeeper, and your principal, a notification informing you of the promotion. Your October 31 paycheck will include the days that you worked as a Day-to-Day Substitute indicated in the TIMEKEEPER ENTRY AND HR PROCESSING PERIOD column. Employees don't always start work on the first of the month. :UBZ&?hMUmo@"X:Op&\ . This can be based on a variety of factors, like when the company gets paid for its products and services, how often employees need money, and whether you have hourly employees or if your team is on an annual salary schedule. For example, on the October 14 Pay Date, a Day-to-Day Substitute will be paid for the days that they worked in the date range to the left of the pay date: September 23-October 6. States all have different laws that apply to payment frequencies. Companies choose a specific pay schedule based on several factors, including industry, type of employee work and accounting costs. A semimonthly payment schedule is where you pay workers twice a month on specific pay datesusually on the 1st and the 15th or on the 15th and the last day of the month. After DJMS, Soldiers had the option to get half of their pay on the fifteenth of each month, and many chose to go that route to get their pay early, recalled Kennedy, a retired Army Finance Corps command sergeant major. . Semi-monthly employees are paid twice a month, usually on the 15th and the last day of the month. 1 0 obj (law) and LL.L. Choosing the right pay schedule is a crucial decision for any organization, be it a large enterprise or SMB. The most common payroll schedules are weekly, biweekly, semimonthly, and monthly. Contact us today to learn more about how our expert payroll and tax solution can help you pay your employees on time and avoid compliance missteps. An email notification must be sent to subservices@pghschools.org by the school principal or secretary notifying Human Resources of your approved one-day absence. This is the lead up to the many changes that are coming to better serve Soldiers and their families under IPPS-A, which will allow Soldiers to better serve themselves on their mobile devices, said Kennedy. To identify your demotion date and change your pay, the HR department will search for Frontline assignments that are expected to end within each pay period. The vast majority of the Armys Soldiers on active-duty orders of more than 30 days, either in the active or reserve components, get paid semimonthly on the first and fifteenth of each month. The more often you run payroll the more accounting must be managed to ensure monthly and quarterly payroll tax payments and reports are submitted accurately. As a new Day-to-Day Substitute Professional, you will be paid at Step 1, $120/day, when working in the absence of a school-based professional or paraprofessional in any school. Were growing and want to hear from you. 02/15/2022. HR solutions purpose-built to help leaders create great places to work. Semi-Monthly Payroll Schedule 2022-23 26 (Bi-Weekly) Payroll Schedule 2022-23 . Theres never been a better time to join. Plan, manage, and execute pay increases and rewards. When you transition from your Full-Time salary to your Day-to-Day rate, you will want to review the Day-to-Day Substitute Payroll Schedule and the Full-Time Substitute Payroll Schedule carefully to understand which days are included in each pay date. 1/15/2022 1/24/2022; 1/16/2022 1/31/2022; 2/7/2022 2/1/2022; 2/15/2022 2/22/2022; 2/16/2022 2/28/2022; . *If you do not know your employee ID, please submit a support request via Let's Talk. endobj Hourly employees are paid on a semi-monthly basis as listed per the schedule above. After you have worked at least (40) days for each of two consecutive semesters, your pay rate will change to Step 2, $136/day, at the start of the third semester. Hours worked from the 1st of the month to the 15th of the month are paid on the 15th of the month. Automate routine tasks, mitigate compliance risks, and drive efficiencies across your organization. How to Process Semi-Monthly Payroll for Hourly Employees 01/14/2022. Promotion to Full-Time Substitute Payroll Schedule. If the school secretary/timekeeper confirms that your days worked were recorded correctly, contact the Help Desk via. For example, on the September 15 Pay Date, you will be paid a salary for September 1-September 15. You are paid a salary for the 1st of the month through the 15th, paid on the workday closest to the 15th, and for the 16th to the last day of the month, paid on the workday closest to the last day of the month. 2023 Paycor, Inc | Refer Paycor | Privacy Policy | 1-800-501-9462 | However, they may not necessarily fall on the same day of the week, and you would end up paying your employees 24 times in a year instead of 26. Required fields are marked *. Maximize training and development with personalized content. Employee ID (EMPLID): 4 or 5-digit number (no leading zeroes)If you have never logged in before, your password should be the last 4 digits of your SSN. Changing your companys pay schedule after several years for a legitimate business reason would be permissible, though. As the formula is written above, it returns the date of 12/29/17. This payroll schedule requires you to pay employees . The Army Office of DCS G-1 Personnel develops and implements effective policy and leads programs that build sustained personnel readiness in the Army's greatest asset people. Last Updated: Dec 15, 2022, . The more frequently you run payroll, the more you may end up spending on processing and administration. 01/01/2022. Your email address will not be published. Check with the Department of Labor in your state to verify laws and regulations. You do have the option of scheduling recurring payments on any two dates in a month that are spread equally apart. On October 31, you will be paid your Day-to-Day rate for any days you worked as a Day-to-Day Substitute between October 7 and October 21. An annual premium divided into 26 installments may have to be converted, for example, into 24 payments to align with pay periods. If they were not recorded correctly, contact the school secretary/timekeeper to request that your days worked are corrected in the system before the next payroll cutoff. . WASHINGTON In an effort to prepare Soldiers to move to its new Integrated Pay and Personnel System - Army, the U.S. Army is mandating all Soldiers on long-term active-duty orders be paid on a semimonthly schedule, starting Oct 1, 2022. Its important to know that when this goes into effect, the Soldiers who are being switched to semimonthly arent going to miss out on a payment, and they arent going to have to stretch out their money in order to cover their bills because of this switch, said J.D. Employees can always access the Employee Self Service Portal from the Pittsburgh Public Schools Staff Page. Read these case studies to see why. Yes, it is possible. as soon as possible to notify Human Resources that you are going to pick up a new assignment that will lead you to becoming a Full-Time Substitute. To further complicate matters, every decade or so the extra day from leap years wreaks bi-weekly pay havoc by necessitating a 27th paycheck. To determine pay dates for all substitute roles, please review the 2022-2023 Non-Administrator Semi-Monthly Pay Schedule. Some states, on the other hand, do have minimum pay period requirements. To make sure you make an informed decision, heres a breakdown of common pay periods, along with the pluses and minuses for each. The final rule will take effect January 1, 2020. With multiple options to consider, its certainly not an easy decision, especially when changing pay periods can be a major hassle. Get real-time analytics to HR & Payroll data. USAFMCOM conducts enterprise-level financial operations, provides technical coordination for Finance and Comptroller units and military pay support with commands across the Army, in order to ensure the effective implementation of policies and programs to support optimally resourcing the Army and supporting Soldiers. The semi-monthly calendar below applies to all payments made to employees in a position with a Semi-Monthly Pay Group. 03/01/2022. Biweekly payroll schedules work best for hourly workers. You can miss up to one (1) day due to an emergency and still acquire Full-Time Substitute status. Your full-time substitute salary will be prorated for the days you worked as a Full-Time Substitute in the payroll period (the 1st through the 15th, or the 16th through the end of the month). The hours and days covered can vary every pay period, which can complicate how you run payroll for hourly employees with overtime. Employees and employer always know payroll dates, Consistent and regular schedule, no leap-year-causing complications, Workweeks dont always align with pay cycles, Dates may need adjusted due to bank holidays, Can work for salaried employees, but not hourly workers, Dates may need adjusted do to bank holidays. Cost will vary depending on how you process payroll. For example, running semi-monthly payroll for your hourly employees can be challenging, especially if they racked up any overtime pay. Since the semi monthly pay periods have fixed dates everyone can understand. The 27th check can have complex impact on factors such as meeting employee annual pay expectations, amount of employer contributions, tax and benefit implications, etc. Once you have reached Step 2, in order to move to step 3, you must work as a Full-Time Substitute for an additional ten (10) non-consecutive months. Compensation planning isnt just about how much you pay employees. *Tentative dates, Subject to change based upon CCS Holiday closing dates. You can always change your pay approach to find a rhythm that works best for you and your employees just make sure they know about any changes in advance. See how were taking the right STEP toward inclusion and belonging. Your paystub will look different based on whether you are a Day-to-Day Substitute or a Full-Time Substitute. Setting up different pay period schedules for employees is beneficial for larger companies. Payroll is time intensive and complicated. Now that we've answered this burning question, let's take a closer look at the 2023 semimonthly payroll schedule calendar. If your Full-Time Substitute assignment ends and you are reverted to the Day-to-Day Substitute rate after a payroll cutoff date, it is possible that you will be overpaid. Once you reach a Full-Time Substitute status, you will be promoted to a Full-Time Substitute, and you will begin receiving a salary. However, a company that bills its clients at the end of the month and has mostly salaried employees may prefer to pay its employees less frequently a bi-weekly basis is typical. She lives and works in Atlanta. Companies that use semimonthly pay give employees 24 paychecks per year. Your payroll schedule is dependent upon a few factors, including state laws and regulations. Due dates indicated above are applicable to payment requisitions and other payments outside of an employee's regular salary. If it hires a new employee at an annual salary of $52,000 the employee will be earning $2,166.67 during each semimonthly pay period. Are there certain times of the month that are busier than others? Eliminate the stress of ACA filing with streamlined reporting. Recasting/Encumbering Schedule. 5. Below is a sample of a Non-Administrator Semi-Monthly Pay Schedule. Address the varying challenges of women and together be a champion for business growth. Handling the payroll for biweekly salaried employees and semi-monthly salaried employees presents a difference in how they are processed. Recommended Reading: Employee Probationary Period Template. Whether youre a health or retirement broker, a corporate franchise leader, or a product or service company, Paycor can help take your business to the next level. If your communication isnt great, not only will there be confusion but there are also likely to be negative employee reactions. Use this as your guide to land on the payment frequency thats best for you and all of your hard-working employees. Note: Hourly employees must submit their timesheet according to the timesheet deadline schedule to have their hours processed in time for payroll processing. The formula should recognize that 1st is a holiday (1/1/18) and revise the pay date to be one non-holiday, business day before the 1st. Common pay periods include weekly, bi-weekly, semi-monthly, and monthly. Payroll Services . 78 0 obj <>stream Run ID: Pay Period Begin Date: Pay Period End Date: Payment Date: 20221201: 12/1/2022: 12/15/2022: 12/15/2022: 20221202: 12/16/ . That would be December 30th. 12/8 . Frontline must display that you have been working in the same absence or vacancy for the same school-based professional for 40 consecutive days. Copyright © 2002 - var currentTime = new Date();var year = currentTime.getFullYear();document.write(year); Blackboard, Inc. All rights reserved. | Authority for Army Officers to Opt-out of Promotion Boards. If you are on a semimonthly pay schedule, you will receive a paycheck twice each month. This is also the date range for which Day-to-Day Substitutes will be paid on each pay date. If it is, of course, you need to make sure to comply with that. For both reasons you should know your employee's daily rate. IPPS-A will modernize Army human resources and develop a system for managing talent, reduce IT and military pay costs, and improve Soldiers lives through transparency and mobile capabilities. Semi-monthly/Monthly For a semi-monthly pay frequency, choose the check date (first pay date), and the start and end dates for the period that check represents. 2022 Semi-Monthly Payroll Schedule Pay Period. This means that in a year, you would pay your employees 26 times. School-Only Vacation and All PPS Holidays. If you have never logged in before, your password should be the last 4 digits of your SSN. Once you choose a pay schedule, you may change it, but not frequently and not in a way that reduces your employees pay. See the section, Pay Corrections above for where to direct questions about your pay. Leverage AI to automate sourcing and increase candidate diversity. The PAY DATE column reflects the dates on which all substitute employees can expect to receive a paycheck. Employees receive 12 paychecks per year, issued on the same date every month, usually the first or last day the month. 26 pay periods for those being paid bi-weekly. For example, your second paycheck in February would only cover 13 or 14 days. For nearly 30 years, Paycor has maintained a core expertise in payroll and compliance. In a pay period with 16 days, the daily rate would be $125. if you are not properly certified for the assignment. Learn a lot in a little bit of time with our HR explainers. Business ownership is full of rules and regulations, so you knew that something like this was bound to crop up sooner or later. According to the Fair Labor Standards Act (FLSA), overtime should be paid at 1.5 times the regular hourly rate for any hours worked over 40 in a week. So, before you make a choice, make sure you use this resource from the Department of Labor to check if a payroll schedule is mandated by your state. Questions to Ask Before Purchasing a New Payroll System, Most time-consuming in terms of administration, Works well with large proportion of hourly employees, Accounting can be more demanding during 3-pay period months, Managing monthly benefit premiums on a bi-weekly schedule can be complicated, Administrators must pay careful attention to pay dates to accurately process payroll on schedule. For a semi-monthly employee, you have to divide 2,080 by 24 pay periods . If you are transitioning to a semi-monthly payroll from a bi-weekly schedule, your employees' gross pay per check will be more, even if their annual salaries are the same. *Federal Reserve closed on July 3 in observance of July 4 Holiday on Saturday; July 5 is a Sunday For more information on the new semimonthly pay schedule visit: http . Streamline recruiting and hiring so you can quickly and effectively fill open positions, develop top talent, and retain your workforce. If it is convenient for the employer, then they can have different pay periods for each employee. In fact, they will get paid for the first half of each month roughly two weeks earlier than they had been prior., For those transitioning, theyll receive their normal paycheck on Sept. 30, which will pay them for Sept. 1-30, explained Sgt. Anything received after the due date will be paid on the following pay date. Review, reimburse, and report on employee expenses in one location. *If you do not know your employee ID, please submit a support request via. The assignment must be for the vacancy or absence of a school-based professional (Teacher, Counselor, or Social Worker). Your paycheck could include the following: Your salary as a Full-Time Substitute for October 16-October 31. 7fmv1US. It's also easier to calculate benefit deductions as they usually occur on a monthly basis. As a Day-to-Day Substitute Nurse or Certified Licensed Practical Nurse, you will be paid $137.50/day when working in the absence of a school-based nurse. Bi-weekly vs Semi-monthly pay periods: Differences and benefits. As a Full-Time Substitute, your pay dates are listed on the Non-Administrator Semi-Monthly Pay Schedule. Your paycheck could include the following: See the section, Full-Time Substitute Pay & Eligibility above for more information about Full-Time Substitute eligibility. The demotion date in your email notification will reflect how your assignment has been entered in Frontline. Check the Frontline Absence Management system to see if your days worked were recorded correctly. Then, you will receive your Day-to-Day Substitute rate for the days you worked as a Day-to-Day Substitute in the Timekeeper Entry and HR Processing period. The new assignment must begin within a week of the end of your previous full-time assignment. Semimonthly: A company pays their employees twice a month on the same dates. NYU Financial Operations and Treasury : Title: FY2016_Paydates.xlsx While its important to spend time thinking about the best pay period for your business, just remember that its not a binding contract. The pay date for the current pay period might be on the last day of the following pay period. Hourly employees are paid on a semi-monthly basis as listed per the schedule above. Unlike a bi-weekly payroll, which has 26 payments in a year, a semi-monthly pay schedule has only 24 pay periods. <>/MediaBox[ 0 0 792 612]/Parent 2 0 R /Resources<>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI]/XObject<>>>/StructParents 0/Tabs/S/Type/Page>> Since months aren't all equal lengths, some paychecks are larger or smaller than others. 5 0 obj This is a requirement of the Pennsylvania Department of Education. You will also receive retroactive payment for the difference between your Day-to-Day Substitute rate and your Full-Time Substitute salary for your first 40 days. We pay our respect to their Elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today. 2022 monthly payroll calendar There can be as many as 52 pay periods in a year or as few as 12. Only one week before and/or after the employees absence will be permitted to be included in your Full-Time Substitute assignment. Businesses must keep close track of overtime hours worked by hourly employees paid semi-monthly to compensate them appropriately. The dates in the promotion email will be based on your time entered in Frontline. Women who experienced belittling at work are now stepping up to fight microaggressions. d*BX.QJmD|}Tk^HM Companies that run payroll with a biweekly frequency dole out a total of 26 paychecks per year. Your demotion date is the day after your last day in the assignment. Please review Article 91, Full-Time Substitute Teachers, in the. Claim hiring tax credits and optimize shift coverage. In an effort to prepare Soldiers to move to its new Integrated Pay and Personnel System Army, the U.S. Army is mandating all Soldiers on long-term active duty orders be paid on a semimonthly schedule, starting Oct 1, 2022. endobj Please review the chart below regarding Day-to-Day Substitute pay rates. Microsoft Word - 2022 Payroll Schedule Author: jlope Created Date: 1/11/2022 12:57:36 PM . Use the opportunity to educate employees about direct deposit, 401 and other financial planning options. Consider the proportion of your employees who are exempt (paid a salary) versus those employees paid by the hour. Drive engagement with talent development and career management. Catherine Lovering has written about business, tax, careers and pets since 2006. Frontline must display that you have been working in the same absence or vacancy for the same school-based professional for 40 consecutive days. Your email address will not be published. l,o,8fQd;HK9%8`tZhe6m50F;@xN With the semimonthly schedule, you receive 24 paychecks every year. Typical semimonthly pay schedules are the 1st and the 15th, or the 15th and the last day of the month. Encumbrance updates. Get expert advice and helpful best practices so you can stay ahead of the latest HR trends. Pros: Biweekly payroll cycles Paydays occur every two weeks. It's one of the most popular types of payroll schedules. If you believe that your demotion date is incorrect, please reply to subservices@pghschools.org immediately. Hourly employees are paid on semi-monthly basis as listed per the schedule below. See whats new today. Which is especially useful for employees looking to use their pay stubs as proof of income. 2021-2022 SEMI-MONTHLY PAY DATES. Biweekly pay periods are the most common with 36.5% of private U.S. businesses paying employees this way. If you work in a special education classroom, you will be paid $9/hour working in the absence of a paraprofessional in any school. A more in-depth description of Full-Time Substitute Pay can be found in the, Full-Time Substitute Eligibility and Requirements, To become a Full-Time substitute, you must instruct and provide support to students for, forty (40) consecutive days or longer in the same assignment. When your Full-Time Substitute assignment ends, Human Resources will send you, your secretary/time keeper, and your principal, a notification informing you of the demotion. Although pay periods are mandated in some states, other employers can choose a frequency that is best for their cash flow or specific-business needs. +j6HZ~[^k;TfVU?$$15fN(i~}S/VFFIp>|+3=&J1 -S18a,#Z8K#+m7. If your time is not recorded correctly in the Frontline system, Human Resources is unable to determine if you have worked 40 consecutive days, which jeopardizes your ability to acquire Full-Time Substitute status. Does cash-flow need to inform your selection. A semi-monthly pay schedule for hourly employees might be on the 7th and the 22nd of the month for hours worked from the 16th to the end of the month and the 1st to the 15th, respectively. (civil law). It's easier for employers to calculate salaries as they are spread across evenly through the year on fixed dates. Learn more about our product bundles, cost per employee, plans and pricing. Your October 14 paycheck will include the days that you worked as a Full-Time Substitute between October 1 and October 15. Day-to-Day Substitute Pay Rates & Eligibility, *subject to the guidelines of Article 91 of the, regarding Full-Time Substitute eligibility, Day-to-Day Substitute Professionals Pay Rate (Teachers, Counselors, Social Workers), Day-to-Day Substitute Nurses and Certified Licensed Practical Nurse Instructors Pay, Full-Time Substitute Pay Rate, Eligibility, and Promotion Process, Please review the chart below regarding Full-Time Substitute pay rates. Many industries have pay schedules they prefer to use depending on the type of pay their employees receive, the amount of money included in the average paycheck, and the type of work they perform. Army G-1 and USAFMCOM leaders both said the pay schedule change Oct. 1 is being implemented well ahead of IPPS-As Release Four, which will transfer military pay into the integrated system, in order to make the long-term transition easier. 9/16/2021 : 9/30/2021 . Its time to be agents of change. Test drive Paycor Payroll, Onboarding, HR, and Time for 14 days. All monthly paydays are the first business day of the following month of the pay period. Lets create value across your portfolio. A bimonthly payroll calendar is when you pay your employees on two specific recurring dates. You may already know the most common pay periods to choose from include weekly, bi-weekly, semi-monthly, and monthly. Weekly pay schedules require 52 paychecks to be processed over a year, making it the most expensive and time-consuming pay schedule for employers.