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Question
If an employee is on a monthly salary but gets a mid-month advance should they be on a 12 pay-period schedule or 24?
If the employee is paid a monthly salary then they are on a 12 month pay period. An advance is simply an advance on the salary.
If the person is continually taking and advance on salary perhaps the salary should be paid twice a month instead of once a month or you need to talk to the employee and find out why an advance needs paid mid month.
If the employee is a monthly salaried employee there should be only one monthly payment of the salary.
Shirley
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Answers by Expert:
Shirley McAllister, CPP, PHR
Expertise
I can answer payroll questions, payroll tax questions, 401K questions. No stock option questions please and I have some knowledge of other pensions but am most familiar with the 401K pension. I can answer U.S.and Canada payroll questions proficiently and have a good general knowledge of UK and South Africa and some knowledge of Australia and New Zealand Payroll procedures. Please do not ask me homework questions I do not have time to answer them.
Experience
25 years with an international company in the Human Resources, Payroll and Payroll Tax areas.
Organizations
SHRM, APA, I.O.M.A.
Publications
I.O.M.A. and BNA
Education/Credentials
P.H.R., C.P.P., Canadian Payroll Administrator, Successfully passed APA class on UK Payroll Administration.
Boise State University Human Resource Certification
Awards and Honors
APA Hotline Citation of Merit for last 8 years.
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