PAY_OF_MONTH is used to indicate which pay number this pay is within the calendar month (e.g. 1st, 2nd or 3rd). This number is normally based on the issue date.
- Weekly Frequency - For a weekly pay frequency, there will be pays number 1,2,3,4, and sometimes 5.
- Biweekly Frequency - For a bi-weekly pay frequency, there will be pays number 1, 2 and sometimes 3.
- Semimonthly Frequency - For a semi-monthly pay frequency, there will be pays numbered 1 and 2.
- Monthly Frequency - For a monthly pay frequency, there will be a single pay numbered 1.
Click to create a new notes page
Screen captures are meant to be indicative of the concept being presented and may not reflect the current screen design.
If you have any comments or questions please email the Wiki Editor
All content © High Line Corporation