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Reply To: Change Payroll Schedule
We pay semi monthly – paying the pay period in arrears. So we pay the pay period ending 10/31/23 on November 13th for example. Folks…
Reply To: Change Payroll Schedule
I also agree with Wade. I have done both and much prefer the biweekly schedule. Gives you time for follow up on per diems and…
Reply To: Change Payroll Schedule
Personally, in managing finance and HR I found semi-monthly easiest to administer, because it’s easier to split things like monthly benefits premiums, cleaner when crossing…
Reply To: Change Payroll Schedule
Hi Kara, A few years ago we switched to pay periods of the 15th and last day of the month. Our pay dates are then…
Reply To: Change Payroll Schedule
Hi. I had the exact same experience and changed to bi-weekly with a time lag as already mentioned. I found that I sometimes had to…
Reply To: Change Payroll Schedule
I agree Wade. We went from semi-monthly pay to bi-weekly pay a few years ago. The pay period ends on Saturday and the pay date…
Reply To: Change Payroll Schedule
We also do 1st and 16th of the month, however we are all salaried employees with not a lot of review needed. But I agree…
Reply To: Change Payroll Schedule
Hi Kara…in my experience as a Finance Director I actually liked the change to biweekly payroll with the lag (e.g. a Friday pay date for…
Change Payroll Schedule
Our new ED wants to change our payroll schedule. We currently pay 1st and 16th with a tight turnaround for me to process – does…
Reply To: Your input is invaluable to us!
I’d be interested in learning what a new to the nonprofit world CFO should know about fundraising. The legalities, the tax benefits. I don’t know…