What is the primary distinction in payment dates between biweekly and semimonthly schedules?
Answer
Biweekly dates shift, whereas semimonthly dates are fixed (e.g., 15th and last day)
Semimonthly payments adhere to fixed dates within the month, such as the 15th and the last day, while biweekly pay dates fluctuate because 26 periods do not fit evenly into 12 months.
Related Questions
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