Partial Pay

Glossary \ Payroll Terms

Published On: Thursday July 23, 2020 04:29 AM

partial pay iconUnder normal circumstances, payroll processing takes place at the predetermined end of a pay period. However, if an employee is hired, promoted or terminated, that payroll may begin or end in the middle of the usual pay period. In this situation, the partial pay system is used. For salaried employees, the partial pay rate can be calculated by dividing the annual salary by the number of work days in one year.

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