How is semi monthly pay calculated?
Viewed 261 times since Thu, May 22, 2008
All non exempt employees will be paid based on the hours worked. Each pay period, the number of work days and hours can fluctuate. Therefore, non exempt employee payments may vary depending on the number of work days in a pay period. As a result of this change, non exempt employees will still earn the same amount as what they would have been paid under the monthly payroll for a year.Read More
What happens when the Pay Date falls on a holidy or a weekend?
Viewed 209 times since Thu, May 22, 2008
When the pay date falls on a weekend or a holiday, the non-exempt employee will be paid on the last work day prior to the weekend or the holiday.Read More
Can employees choose not to be paid semi-monthly?
Viewed 194 times since Thu, May 22, 2008
No. Beginning January 2009, all non exempt employees will be paid semi-monthly.Read More
When will the first pay checks under the new pay frequency schedule be received?
Viewed 163 times since Thu, May 22, 2008
Subcategory: Pay Frequency
Question: When will the first paychecks under the new pay frequency schedule be received?
Answer: January 2009 will be the transition month and the first month under the new pay schedule. All non-exempt employees will receive a check on January 2, 2009 for time worked December 1, 2008 – December 15, 2008. After January 2, 2009, pay dates will follow the schedule of the 10th and the 25th . ...Read More
How does the change in pay frequency impact my deductions?
Viewed 163 times since Thu, May 22, 2008
All deductions (i.e. insurances, garnishments, retirement) will be split in half and taken from each check. The deductions made over the course of the calendar year would be the same as made under the monthly pay check.Read More
Where can I find information about the pay frequency change as it relates to student workers?
Viewed 162 times since Thu, Nov 13, 2008
Category: Pay Frequency
Question: Where can I find information about the pay frequency change as it relates to student workers.
Answer: The Guide to Planning Your WTE/WLR Implementation, found at http://www.depts.ttu.edu/afism/training/materials.asp has this information. Look to page 4 for the information about biweekly employees, which includes the student workers.Read More
Will 3 pay checks be received each January under the new pay frequency?
Viewed 136 times since Thu, May 22, 2008
No. January 2009 is a transition month and therefore will have 3 pay checks. In all future months, you will receive 2 pay checks, one on the10th and one on the 25th. In the event one of these days falls on a weekend or holiday, non-exempt employees will be paid on the last work day prior to the weekend or holiday.Read More
Under the new pay frequency rule will my paychecks be of equal amount?
Viewed 135 times since Thu, May 22, 2008
No. The pay check amount will at times fluctuate from pay period to pay period based on the number of hours to be worked in a pay period. Employee\'s annual pay will not be reduced as a result of the modification in pay frequencyRead More
How will deductions for taxes (federal tax, FICA & Medicare) be affected by the change to semi monthly payments?
Viewed 131 times since Thu, May 22, 2008
These deductions are calculated as a percentage of the semi monthly pay amount. The same amount will be deducted on an annual basis under the monthly pay. There will be no impact on the taxes as a result of this change.Read More
Will semi-monthly pay be equal to half the my current monthly pay?
Viewed 123 times since Thu, May 22, 2008
No. All non-exempt employees will be paid based on the actual hours worked during the pay period.Read More
When will the change in Pay Frequency be in effect?
Viewed 108 times since Thu, May 22, 2008
The change in pay frequency will start beginning January 2009. All non-exempt employees will be paid twice a month based on the following new pay periods and pay dates:
1st - 15th of the month - Pay Date: 25th of the month
16th - last day of the month - Pay Date: 10th of the following monthRead More
Where can I find a pay schedule with the dates when I will receive my payroll checks?
Viewed 101 times since Wed, Jan 5, 2011
You can locate this information on our payroll website under Pay Schedule: http://www.depts.ttu.edu/payroll/paySchedule/index.asp. This form will give you all the information you need regarding pay dates, days in the pay period.Read More