Bi Weekly Payroll Benefits and Advantages

Author: Marliese | Subject: Payroll

Bi Weekly Payroll Benefits and Advantages image
Article excerpt: The administrative cost related to payroll has always been an issue for the employer and, in terms of the impact it has upon their personal budgeting, the employee as well. In an effort to resolve this, over the years a number of firms have adopted the bi-weekly payroll system in preference to the alternative weekly or semi-monthly payroll system, particularly with hourly paid employees to whom the monthly payroll option does not usually apply. Despite the fact that this mode of payroll operation is becoming increasingly outmoded, there are a number of benefits that it produces, for both the employee and the employer.