Payroll schedules need to toe the line between appeasing employees and doing what’s right for your company’s bottom line.
The more frequent payroll occurs at your organization, the more strain you place on your operations team. Higher frequency payroll is also more expensive to maintain. Less frequency with payroll interferes with employee happiness, which can cost a significant amount in lost productivity and engagement over the long run.
So, what’s the right balance? How do weekly and biweekly pay schedules compare from an employer and employee perspective?
