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Pay frequency

The frequency with which employees are paid or the duration of each pay period.

The pay period affects the tax amounts for federal and state withholding on a paycheck. For example, an employee is in a higher tax bracket when paid $1000 every week than when paid $1000 every month.

For salaried employees, the pay period determines the portion of the annual salary that is paid on each paycheck.

Note: Biweekly means every two weeks (or 26 paychecks in a year). Semimonthly means twice a month (or 24 paychecks in a year).

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