Pay Period
/ˈpeɪ ˌpɪərɪəd/
Definitions
- (n.) A recurring length of time established for calculating wages or salaries of employees.
Employees are paid based on the hours worked within each pay period.
Forms
- pay periods
See also
Commentary
A pay period typically defines the interval for payroll processing and affects recordkeeping, tax withholding, and benefits administration.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.