What Impact Would There Be to Salaried Employees When Changing Paydays From Bi-weekly to Semi-monthly Mid-year?
by Sherrill Martin
We switched our paydays from bi-weekly to semi-monthly on 5/15/10 and now one of our employees is questioning their annual salary calculation.
Would this change cause problems in the salary calculation since we started the year paying employees 1/26th of their salary and then went to 1/24th of their salary? We think that this may be the case because there are fewer days in the beginning of the year than the end of the year.