What does it mean to be a semimonthly, salaried employee?
Employees in this category are paid their monthly salary in equal semimonthly installments based on number of months worked. Ten month employees receive twenty equal installments and twelve month employees receive twenty-four equal installments, regardless of the number of work days in the pay period.
Related Questions
- I was a salaried employee and a participant in the BNI Plan as of Dec. 31, 1988; how does this affect my ability to take a lump sum pension benefit?
- How does a GSW working as the salaried employee in an agency determine if he/she is practicing clinical social work?
- What does "eliminate board-paid portion of employee health insurance" mean?
