The most important thing to determine if the STATE allows for the employer to pay their employees semi-monthly as each state is governed by their own pay day laws.
The next thing is to give your...
Based on the specific state ruling to allow for a semi-monthly period, the period is as equal as possible amount of time twice each month.
Examples: 1st - 15th and 16th - 31st (End of Month)
5th -...
Bi-Weekly = every 2 weeks - Every payroll period will cover 2 weeks.Bi-Monthly = 2x per month - Every calendar quarter will have one payroll period that has 3 weeks in it.