Yes.
This is not an unequivocal "Yes" if there is a collective bargaining agreement in place between employer and a union representing the employees. If that agreement calls for weekly salary payments, the employer would be prohibited by contract from changing the pay period. The employer could go to the union and ask that it agree to a change in the contract pay period, but the union would have to agree.
Of course, when the contract expires, the employer can demand a change in the pay period, but that will then become an issue for the new contract negotiation. If the contract requiring a weekly pay period is no longer in effect and if the employer insists on a monthly pay period, the union might refuse to accept that condition and go on strike.
Some companies pay employees weekly or biweekly. The employees at Family Dollar are paid with a pay check every two weeks.
There is no reason why you can't pay them by either method. In the UK, salaried workers are paid monthly. Waged people are usually paid weekly, however - some firms pay their workers bi-weekly.
It's a salary paid every fourteen days. The 'normal' pay period is monthly for salaried employees, or weekly for waged employees. A few companies (such as ASDA in the UK) pay their employees fortnightly.
It's a salary paid every fourteen days. The 'normal' pay period is monthly for salaried employees, or weekly for waged employees. A few companies (such as ASDA in the UK) pay their employees fortnightly.
They pay semi- monthly
A salaried employee - is paid monthly - by dividing their annual pay by 12. A waged employee is paid weekly - by dividing their annual pay by 52.
The average monthly pay for a registered nurse is somewhere about $2,000. the weekly answer for an average pay
Yes it can, this can be best explained under change management. Organisations do change their systems from time to time or when the need arises. Payroll is just a system computer based and the organisation can choose to pay you weekly or monthly and can change it with obviosly some notice.
Do not know of any companies that pay monthly. Most companies pay weekly or biweekly according to its own policy.
Weekly pay x 52 (as there are 52 weeks in the year) ---> This will give you total pay for the whole year. Dividing that number by 12 gives the monthly pay.
A salary means that you receive a fixed amount of pay for a job on a weekly bi-weekly or monthly basis.
Some employees are paid by the hour, and other employees earn a salary. This means they are paid weekly or monthly but the number of hours may vary. Their pay is the same. Government workers and teachers are paid a salary.