semi monthly pay schedule
What Payroll Schedule is Best for Your Business? Every business has to decide which payroll schedule is best for their outfit and employees. The most common frequencies in the U.S. are monthly, semi-monthly (twice a month), biweekly (every two weeks) and weekly. State laws typically require a minimum pay period -- you can always pay more frequently but not less. - Hourly Employees. â. Based on a Monday through Friday work schedule, a semi-monthly pay. period can have 9 to 12 workdays (72 - 96 hours), resulting in a varying number of work hours. in different pay periods and changes in net pay received each payday for hourly employees. An.