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’s 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

  • 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.

  • 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.

  • When the Cyclical auto re-enrolment date occurs in a Pay Cycle that is being calculated, previous eligible jobholders who opted out or ended their pension saving will be automatically re-enrolled, if they are an eligible jobholder in the period in which the cyclical re- enrolment date occurs.

  • This information can change daily up to day 7 of the pay cycle, when the Recent Activity page becomes the Pay Cycle Statement.

  • The hours per day entered will override all certificated assignment hours extracted from the payroll file.4. Check the box in front of Display Hours by Pay Cycle to display hours worked by pay cycle.• This will move the information from Columns K – AB one column to the right ending at Column AC.

  • Previously, if the defaulted Cycle was not in ‘Required’ or ‘Closed’ mode, the system would prevent you from changing the Pay Cycle.

  • Notification of a desire to change the pay option must be submitted to the Treasurer of the Board on the appropriate form, (Request For Change In Pay Cycle) on or before June 1st of each year.

  • Begin Date: Enter the first day of the month of the current pay period.2. Pay Check Location: Select the employee’s work site/ check location.3. Pay Cycle: Select the EE pay cycle (should follow EE work calendar).4.

  • Purchase to Pay CycleThe Purchase to Pay Cycle is a large element of the procurement process which commences with the purchasing element and concludes with the processing and payment of invoices.

  • The Voucher must be Saved before the subsequent processes (Budget Check, Voucher Post, and Pay Cycle Selection) can be run.


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

  • Shift Cycle means the period of time when the shift schedule repeats itself. In those instances where the schedule does not repeat itself, the term "Shift Cycle" shall be understood to mean a period of time not exceeding twelve (12) weeks.

  • 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 April 15 and each October 15, commencing on April 15, 2018; 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.

  • Distribution Calendar Year means the 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. 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 Tradeable Shares that are Outstanding on the Distribution Date pursuant to 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, determined in accordance with the assumptions specified in Section 1.3.

  • 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, for any Distribution Date, the period from and including the Distribution Date immediately preceding such Distribution Date (or, in the case of the first Distribution Date, from and including the Closing Date) to but excluding such Distribution Date.

  • 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 each day which is: (i) the last day of the relevant Issuer's and the Guarantor's financial year in any year; or (ii) the last day of each of the first three quarters of the relevant Issuer's and the Guarantor's financial year in any 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.

  • 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:

  • 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.

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