Today we are starting our Paychecks & Benefits Unit. We discussed today there are hidden costs and other factors you should take into consideration when determining which job to take. You should be aware of what your salary will be and what the pay periods are for your employer. These are questions you should ask during the job interview (probably not the first questions though).
There are various pay periods that will determine how many times you receive a paycheck from your employer. Your employer will decide what the pay period is for his/her company.
The pay periods are:
- Monthly (12)
- Semi-monthly (24)
- Bi-weekly (26)
- Weekly (52)
- Hourly (2080)
