Where's my paycheck? How pay periods break down by industry
Published in Slideshow World
Americans eagerly anticipate payday.
For some, it is an opportunity for a little well-deserved self-indulgence through shopping, dates, and dinners after weeks of hard work. For others, it is a moment of financial respite for paying off overdue bills and making monthly debt and mortgage payments. And while payday is universally a good day, it doesn't come at the same time or same frequency for everyone.
State regulations on pay frequency vary. For example, Alabama and Florida do not specify when and how frequently employers must pay their employees. On the other hand, Arizona requires that employees be paid two or more days every month, with the gap between each payday being at most 16 days.
At the federal level, the Service Contract Act stipulates that any wage payment be "timely," leaving the definition of a "timely" payment to the states, according to law firm Abrahams Wolf-Rodda. The only condition is that payments are provided at least semimonthly.
Xactly visualized and analyzed how pay periods compare between industries, using 2023 Bureau of Labor Statistics data.
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