PER PAY PERIOD 2025

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A pay period or pay cycle is a regularly scheduled duration of time when workers earn wages that will be paid to them on their next paycheck. Each pay period has a start date, an end date, and, generally speaking, when one pay period ends, the next one begins without interruption.
A pay period is the timeframe for which an employee receives compensation. The pay period is an exact date range for calculating wages and salaries. For example, a company pays its employees once a month. The pay period for January would start on January 1 and end on January 31.
Count the number of days/hours worked during the pay period. Multiply the number of days/hours worked by the employees daily rate/hourly wage to calculate the gross pay for the pay period. Subtract any pre-tax deductions, such as retirement contributions or health insurance premiums, from the gross pay.
Per Period means total amount of the Insurers liability in respect of all claims during the Period of Insurance. This is the maximum amount an insurer will indemnify the Insured for all covered losses during a set time period, usually one year.