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Pay Period

Pay Period paystub meaning: The block of dates a paycheck covers, shown on the stub as a start and end date - not the same thing as the workweek or the pay...

The block of dates a paycheck covers, shown on the stub as a start and end date - not the same thing as the workweek or the pay date.

A pay period is the span of dates the paycheck in your hand is paying for. Stubs print it as two dates, often labelled Period Beginning and Period Ending, and every hour, deduction and tax on that stub belongs to those dates. Four schedules cover almost everyone. Weekly produces 52 paychecks a year, biweekly 26, semimonthly 24 and monthly 12. Biweekly and semimonthly get mixed up constantly: biweekly lands every other Friday, semimonthly lands on two fixed calendar dates such as the 15th and the last day, and the per-check amounts on the same salary are different. The distinction that matters most is between the pay period and the workweek. Under the Fair Labor Standards Act a workweek is a fixed and regularly recurring period of 168 hours, seven consecutive 24-hour periods, beginning on any day and hour the employer sets. Each workweek stands alone and hours may not be averaged across two or more of them. A biweekly stub showing 80 hours can still owe overtime, because 45 hours in week one and 35 in week two is not the same as 40 and 40, even though the period total is identical. Federal law does not set how often you are paid. The FLSA only requires wages on the regular payday for the pay period covered, and the frequency itself comes from state law. The Labor Department's state payday table shows the spread: Connecticut and Rhode Island start from weekly; Massachusetts requires weekly or biweekly for hourly workers and allows semimonthly for salaried ones; Vermont is weekly unless the employer gives written notice of a biweekly or semimonthly schedule; Indiana allows biweekly or semimonthly while West Virginia requires biweekly; Georgia, Missouri, Ohio, Oklahoma and Tennessee require semimonthly; Alabama, Florida, Pennsylvania and South Carolina name no frequency at all.

Read this field together with the pay period, pay date, gross earnings, deductions, taxes, net pay, and year-to-date columns. A single line rarely explains an entire payroll result on its own.

When this term appears on a statement, read its label, current amount, year-to-date amount, pay-period context, and any adjacent rate or hours together. Resolve a mismatch with the original issuer or the cited authority rather than changing a record to force a preferred result.

Example

Biweekly period, non-exempt worker at $22.00 per hour. Week 1: 45 hours. Week 2: 35 hours. Period total: 80 hours. Each workweek is calculated on its own: Week 1 regular: 40 x $22.00 = $880.00 Week 1 overtime: 5 x $33.00 = $165.00 Week 2 regular: 35 x $22.00 = $770.00 Gross for the period: $1,815.00 If the employer averaged the 80 hours across the period and paid straight time, the stub would read 80 x $22.00 = $1,760.00 - short by $55.00, which is exactly the half-time premium on five hours: 5 x ($33.00 - $22.00). Same worker on the same $45,760 annual rate: biweekly is $45,760 / 26 = $1,760.00 a period, semimonthly would be $45,760 / 24 = $1,906.67.

Source: U.S. Department of Labor, Wage and Hour Division - State Payday Requirements

Related terms

  • Pay Date (Check Date) — The day wages are actually paid - the date that decides which tax year the money belongs to, not the date the work was done.