Basic Payroll Facts You Will Want to Understand:
Principia’s calendar work week is Sunday through Saturday.
Employees are paid two times per month:
Payroll information, such as time cards and exception reporting for time changes and additions are due:
Late time cards or extra pay will be processed with the next pay period or via a payroll advance.
If a pay date falls on a Saturday or Sunday, the paycheck will be issued on the previous Friday.
If a pay date falls on a holiday (i.e. Dec 25th), the paycheck will be issued the day before the holiday (Dec. 24th).
Overtime pay is paid for hours worked over 40 between Sunday – Saturday, the calendar work week, not the pay period. Vacation, sick, holiday and personal days do not count in the calculation of over time.
Overtime pay is calculated at one and a half times the employee’s hourly pay rate.