Pay Period Guide: How Many Pay Periods in 2023?
BLS reports that 36% of businesses with fewer than 10 employees pay on a weekly basis. Weekly pay periods are very common in the construction, manufacturing, mining, and transportation industries. For weekly and biweekly pay, though, it’s not quite that simple, because our 365-day year doesn’t divide evenly into 7-day weeks. If you multiply 7 …