what is semi-monthly ?
The primary distinction is that semi-monthly pay is made twice a month (24 pays per year) whereas biweekly pay is made every two weeks (26 pays per year). Semi-monthly wages are on fixed dates such as the 15 th and 30 th, whereas biweekly wages are on a fixed day of the week such as every other Friday. Semi-monthly periods can have different length, whereas biweekly ones are fixed at 14 days. A biweekly pay cycle is generally more effective with hourly paid employees whereas semi-monthly is effective with salaried employees. The two are also different with regard to budgeting and benefit deductions.
The primary distinction is that semi-monthly pay is made twice a month (24 pays per year) whereas biweekly pay is made every two weeks (26 pays per year). Semi-monthly wages are on fixed dates such as the 15 th and 30 th, whereas biweekly wages are on a fixed day of the week such as every other Friday. Semi-monthly periods can have different length, whereas biweekly ones are fixed at 14 days. A biweekly pay cycle is generally more effective with hourly paid employees whereas semi-monthly is effective with salaried employees. The two are also different with regard to budgeting and benefit deductions.