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What does 72 hours per pay period mean?

Its usually 72 hours because you work 3 12 hour shifts per week, and that adds up to 72 hours in 2 weeks.

How many hours is a 2 week pay period?

The difference is that full-time biweekly salaried employees will be paid for 80 hours each payday. Full-time semi-monthly employees will receive 86.67 hours of pay per paycheck. The hourly difference occurs because of the distinction in the number of paychecks the employees will receive.

How many hours are in a monthly payroll?

Methods of Calculating With full-time equivalents, you should assume one FTE will work a 40 hour workweek. A quick and easy method of calculating monthly hours is to multiply 40 hours per week by 4 weeks, yielding 160 hours for the month.

How many hours is per pay period?

A bi-weekly schedule consists of 26 pay periods in a year. Each pay cycle generally consists of 80 hours for a full-time employee.

What does 72 hours per pay period mean?

Its usually 72 hours because you work 3 12 hour shifts per week, and that adds up to 72 hours in 2 weeks.

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