Understanding Payroll: What Do You Call a 15-Day Wage Cycle?

Manoj_kumar.R.M
Hi all,

Can anyone define the actual term for issuing wages/salary every 15 days?
Dinesh Divekar
Dear Manoj,

Instead of monthly disbursement of the salary, do you want to disburse fortnightly? Please confirm.

Why have you raised this query? What is the logic of disbursing the salary each fortnight or twice a month?

Thanks,
Dinesh Divekar
idealhr
It is generally known as a bi-monthly or semi-monthly salary.
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