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A paycheck, also spelled paycheque, pay check or pay cheque, is traditionally a paper document (a cheque) issued by an employer to pay an employee for services rendered. In recent times, the physical paycheck has been increasingly replaced by electronic direct deposits to the employee's designated bank account or loaded onto a payroll card.
The Paycheck Protection Program allows entities to apply for low-interest private loans to pay for payroll and certain other costs. A PPP loan amount is approximately equal to 2.5 times the applicant's average monthly payroll costs.
Traditional pensions, known as Defined benefit pension plans, provides employees with a guaranteed paycheck (or lump sum) in retirement. The benefit is usually "defined" by a formula based on the employee's earnings history, tenure of service and age, and not depending on investment returns.
Oregon government employees are growing weary of problems with the state’s new payroll system, which spits out checks that underpay or overpay – or they don’t get paid at all.
When a no call, no show is not preventable, such as when an employee suffers a medical emergency and is unable to inform their employer, satisfactory documentation of the situation is expected. In the United States, the Family and Medical Leave Act of 1993 (FMLA) allows employees to take unpaid leave during specifics situations such as medical ...
Performance-related pay or pay for performance, not to be confused with performance-related pay rise, is a salary or wages paid system based on positioning the individual, or team, on their pay band according to how well they perform.
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