Pay Period Timesheet
Semi-Monthly| Date | Clock In | Clock Out | Lunch | Daily Total |
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Semi-Monthly Totals
Biweekly vs. Semi-Monthly: What is the Difference?
While both schedules pay twice a month, they differ significantly in pay dates and paycheck numbers:
Semi-Monthly (24 Paychecks)
Employees are paid on specific dates of the calendar month (e.g., the 15th and the final day). Paychecks always fall on the same calendar dates, meaning paydays change days of the week.
Biweekly (26 Paychecks)
Employees are paid every two weeks on a specific weekday (typically every other Friday). This produces 26 paychecks per year, including two months with three paychecks.
Frequently Asked Questions
How is overtime tracked on a semi-monthly payroll schedule?
Federal overtime laws under the FLSA still require tracking on a fixed 7-day workweek schedule. When a semi-monthly period cuts across a workweek, hours worked within each separate 7-day cycle must still be tabulated to ensure overtime is granted over 40 hours.
Which days are included in the 2nd half pay period?
The second pay period begins on the 16th and ends on the final day of the month (the 28th, 29th, 30th, or 31st depending on the month).