Many employers pay workers on a biweekly or semi-monthly basis. For employees paid at an hourly rate, payroll calculations are processed by multiplying the number of hours worked by the hourly rate of ...
As a business owner, part of your job is cutting your employees accurate paychecks. Depending how you pay them, this may involve adding up the hours worked or dividing their annual salary by 52 or 26.
Of your many responsibilities as a small business owner, ensuring that your employees’ pay is calculated accurately ranks near the top of the list. That includes withholding the correct amounts for ...