We break down payroll’s complex terms from A to Z for easy understanding.

What Is Bonus Pay? Bonus pay refers to extra compensation that an employee receives in addition to their regular wages. These payments are often based on performance or achievement and

What Is a Blended Workforce? A blended workforce refers to a staffing strategy that integrates a mix of full-time employees, part-time workers, and contingent labor, such as freelancers, independent contractors,

What Is a Bi-Weekly Pay Period? A bi-weekly pay period is a payroll structure in which employees receive wages every two weeks. This results in 26 paychecks annually, instead of

What Is a Bi-Monthly Pay Period? A bi-monthly pay period refers to a payroll schedule where employees are paid twice each month, typically on fixed calendar dates. This setup results