M
Ms L
Guest
Is the following legal? It means instead of getting two checks in August 2008 we only get one:
Subject: Changes to the internal pay period
All Employees,
Currently, our internal payroll schedule is such that there is no lag between the pay period end and pay date. Hence, this leads to both administrative and accounting issues. We’ve been dealing with this manually and worked around this issue, but with upcoming Solomon implementation and more automatic payroll system, we need to address this issue.
For example, for pay period from 8/1/2008 to 8/15/2008, the pay date is 8/15/2008. Since it takes few days for the payroll information to be processed, back office needs to submit the information 4 days prior to 8/15 and that information can not be changed for that cycle. What this means is that any status changes which impact the week of 8/11 to 8/15, those hours, whether vacation, sick , or others missed will be reflected in the following pay period from 8/16 to 8/30, which is not a true reflection of the circumstances and does not allow real time accounting and administration.
Effective pay period of 8/1/08 to 8/15/08, the pay date will change from 8/15/08 to 8/22/08 (or on Fridays prior if the date falls on a weekend). Subsequent to the extra 1 week gap, the paychecks will be disbursed as usual at twice a monthly pay dates. The commission checks will continue to be distributed at the end of the month – although we are working on reducing the cycle time for the commission calculations at which point we would like to disburse the commission checks coinciding with the 22nd pay date in the future (would be 8 days earlier than current disbursement date).
Please note in the attached payroll schedule of the new pay dates for rest of 2008 and early part of 2009. Further note that the commission check disbursements dates may be pulled in to coincide with the 2nd paycheck of the month in the future.
Subject: Changes to the internal pay period
All Employees,
Currently, our internal payroll schedule is such that there is no lag between the pay period end and pay date. Hence, this leads to both administrative and accounting issues. We’ve been dealing with this manually and worked around this issue, but with upcoming Solomon implementation and more automatic payroll system, we need to address this issue.
For example, for pay period from 8/1/2008 to 8/15/2008, the pay date is 8/15/2008. Since it takes few days for the payroll information to be processed, back office needs to submit the information 4 days prior to 8/15 and that information can not be changed for that cycle. What this means is that any status changes which impact the week of 8/11 to 8/15, those hours, whether vacation, sick , or others missed will be reflected in the following pay period from 8/16 to 8/30, which is not a true reflection of the circumstances and does not allow real time accounting and administration.
Effective pay period of 8/1/08 to 8/15/08, the pay date will change from 8/15/08 to 8/22/08 (or on Fridays prior if the date falls on a weekend). Subsequent to the extra 1 week gap, the paychecks will be disbursed as usual at twice a monthly pay dates. The commission checks will continue to be distributed at the end of the month – although we are working on reducing the cycle time for the commission calculations at which point we would like to disburse the commission checks coinciding with the 22nd pay date in the future (would be 8 days earlier than current disbursement date).
Please note in the attached payroll schedule of the new pay dates for rest of 2008 and early part of 2009. Further note that the commission check disbursements dates may be pulled in to coincide with the 2nd paycheck of the month in the future.