Pay Period Definition
A pay period is a recurring length of time over which employee time is recorded and paid (e.g., weekly, bi-weekly, semimonthly, monthly).
Pay Period Extended Definition
Also known as payroll frequency, pay frequency, payroll period, and payroll schedule, pay period is how often employees receive their wages.
Employers are required to establish a consistent pay period for their employees and must comply with any additional requirements as determined by their state.
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Last Updated By
Rachel Blakely-Gray | Apr 28, 2023