Pay Cycle definition

Pay Cycle means the calendar cycle, period or schedule in which an Employer regularly pays their Employees, the frequency of such a cycle varying by Employer or their third-party Payroll Services Provider arrangements.
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Pay Cycle means the pay period of one (1) fortnight duration.
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Pay Cycle means a designated one-week period over which work is arranged.
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Examples of Pay Cycle in a sentence

  • The pay period for Refugio County shall begin on Saturday at 12:00 o’clock a.m. and end 14 days later on Friday at 11:59 o’clock p.m. (Bi-Weekly Pay Cycle).

  • Select one: Pay Cycle: New Enrollment Bi-weekly Change Enrollment Monthly Cancel Enrollment Semi-monthly Employee Reduction/Deduction Amount*: (Specify $ amount or % to be payroll deducted from each pay check.) Fidelity pre-tax: $ Fidelity Xxxx post-tax: $ TIAA-CREF pre-tax: $ TIAA-CREF Xxxx post-tax: $ *Amount/Percent listed above will be deducted each payroll and may be changed anytime.

  • If this default referenced a Pay Cycle that was no longer in use or where the Calendar for it was not extended sufficiently into the future for the Pay Date to be found, then an error would occur with a zero or similarly odd looking date.

  • Pay Cycle: Employees shall be paid fortnightly or in any other cycle by mutual agreement.

  • The next Pay Date was determined by reference to the Pay Cycle, which on a new employee would initially derive from a Setup’s default.

  • This is a 1-time qualification requirement and does not need to be fulfilled in a single Pay Cycle.

  • Select Pay Cycle tab and enter or select the following information about the payroll run: • Payment Date – The calendar for the current month is displayed when the cursor is in the field.• Payroll Type – choose Regular or Special.• Pay Cycle – use the drop-down menu to select weekly, biweekly, monthly, or another cycle.

  • An employer user with any Contribution Reporting role is able to set the Pay Cycle Indicator.

  • Schedule the transaction: Tab to the Pay Cycle field and type the pay cycle in which the transaction will be processed (MO, B1, B2).

  • The Payroll Management System (PMS) calculates the number of days in each fiscal year using the pay period end dates in FISA’s Pay Cycle Reference Table and prorates the amounts accordingly.


More Definitions of Pay Cycle

Pay Cycle means the Company’s established monthly intervals between Pay Days; “Pay Day” is the day of the month on which the Company pays its Employees; “Services” are the services provided by SmartWage to the Company and its Employees;
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Pay Cycle means the calendar cycle, period or schedule in which you regularly pay your Employees, the frequency of such a cycle may vary by Employer or your third party Payroll Provider.
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Related to Pay Cycle

  • Election cycle means the period beginning on the first day persons are eligible to

  • Pay Period means a two (2) calendar week period beginning on a Sunday and ending on the second Saturday thereafter.

  • life cycle means all consecutive and/or interlinked stages, including research and development to be carried out, production, trading and its conditions, transport, use and maintenance, throughout the existence of the product or the works or the provision of the service, from raw material acquisition or generation of resources to disposal, clearance and end of service or utilisation;

  • Pay Channel means a channel which is declared as such by ZEEL and for which a share of maximum retail price is to be paid to ZEEL by the IPTV Operator and for which due authorization needs to be obtained from ZEEL for distribution of such channel to subscribers.

  • Quarterly Distribution Date means the last Business Day of the month following the end of each calendar quarter after the Effective Date; provided, however, that if the Effective Date is within 45 days of the end of a calendar quarter, the first Quarterly Distribution Date will be the last Business Day of the month following the end of the first calendar quarter after the calendar quarter in which the Effective Date falls.

  • Regular Distribution Dates means each June 15 and each December 15, commencing on December 15, 2016; provided, however, that, if any such day shall not be a Business Day, the related distribution shall be made on the next succeeding Business Day without additional interest.

  • Annual Fixed Distribution Rate means, for any Subsequent Fixed Rate Period, the rate (expressed as a percentage rate rounded down to the nearest one hundred-thousandth of one percent (with 0.000005% being rounded up)) equal to the sum of the Government of Canada Yield on the applicable Fixed Rate Calculation Date plus 3.56%.

  • Distribution Calendar Year means a calendar year for which a minimum distribution is required. For distributions beginning before the Participant's death, the first "distribution calendar year" is the calendar year immediately preceding the calendar year which contains the Participant's "required beginning date." For distributions beginning after the Participant's death, the first "distribution calendar year" is the calendar year in which distributions are required to begin under Section 6.8(b). The required minimum distribution for the Participant's first "distribution calendar year" will be made on or before the Participant's "required beginning date." The required minimum distribution for other "distribution calendar years," including the required minimum distribution for the "distribution calendar year" in which the Participant's "required beginning date" occurs, will be made on or before December 31 of that "distribution calendar year."

  • Quarterly Distribution means with respect to each Distribution Date, the distribution to be made to the Holders of the Up-MACRO Holding Shares that are Outstanding on the Distribution Date pursuant to priority sixth of Section 5.2(a), which shall consist of the cash on deposit in the Up-MACRO Holding Trust after it makes or receives a payment under the Income Distribution Agreement and makes all other payments or investments in Eligible Treasuries that it is required to make pursuant to such Section 5.2(a).

  • lump sum payment period means the period measured in weeks of salary, for which payment has been made to facilitate the transition to retirement or to other employment as a result of the implementation of various programs to reduce the size of the Public Service. The lump sum payment period does not include the period of severance pay, which is measured in a like manner.

  • Required Beginning Date means April 1 of the calendar year following the later of:

  • Benefit Distribution Date means the date upon which all or an objectively determinable portion of a Participant’s vested benefits will become eligible for distribution. Except as otherwise provided in the Plan, a Participant’s Benefit Distribution Date shall be determined based on the earliest to occur of an event or scheduled date set forth in Articles 4 through 9, as applicable.

  • Scheduled Distribution means, with respect to any Collateral Loan, for each Due Date, the scheduled payment of principal and/or interest and/or fees due on such Due Date with respect to such Collateral Loan.

  • Monthly Distribution Date means the "Distribution Dates" set forth under "Summary of Essential Financial Information--Estimated Distributions" in the Prospectus Part I for a Trust.

  • Distribution Period means, as to any securities or combination of securities, each period from and including a Distribution Date for such securities to but not including the next succeeding Distribution Date for such securities.

  • Last Scheduled Distribution Date The Distribution Date in the month immediately following the month of the latest scheduled maturity date for any of the Mortgage Loans.

  • Deferred Retirement Date means, in the case of any Participant who continues in employment after his Normal Retirement Date, the first day of any month following his actual retirement.

  • Regular Distribution Date Replacement Liquidity Facility", "Responsible Officer", "Scheduled Payment", "Special Payment", "S&P", "Stated Interest Rate", "Subordination Agent", "Taxes", "Threshold Rating", "Trust Agreement", "Trustee", "Underwriters", "Underwriting Agreement", "United States" and "Written Notice".

  • Testing Date means 31 December of each year.

  • Performance Cycle means one or more periods of time, which may be of varying and overlapping durations, as the Administrator may select, over which the attainment of one or more Performance Criteria will be measured for the purpose of determining a grantee’s right to and the payment of a Restricted Stock Award, Restricted Stock Units, Performance Share Award or Cash-Based Award, the vesting and/or payment of which is subject to the attainment of one or more Performance Goals. Each such period shall not be less than 12 months.

  • Annual Deferral Amount means that portion of a Participant's Base Annual Salary and Annual Bonus that a Participant elects to have, and is deferred, in accordance with Article 3, for any one Plan Year. In the event of a Participant's Retirement, Disability (if deferrals cease in accordance with Section 8.1), death or a Termination of Employment prior to the end of a Plan Year, such year's Annual Deferral Amount shall be the actual amount withheld prior to such event.

  • Prior Year means the year commencing 1 April immediately prior to the relevant Charging Year;

  • Distribution Dates The 25th day of each month or, if such 25th day is not a business day, the next succeeding business day beginning in ___________, _____. Certificate Rating for the Certificates Being Purchased by the Underwriter: Class Ratings S&P Xxxxx’x Fitch

  • Deferral Date means the date Fees would otherwise have been paid to the Participant.

  • Postponed Retirement Date means the first day of the month coincident with or next following a Participant’s date of actual retirement which occurs after his Normal Retirement Date.

  • Periodic Distribution Date means the first Business Day that is as soon as reasonably practicable occurring approximately ninety (90) days after the immediately preceding Periodic Distribution Date.