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A Semi Monthly Pay schedule is like a monthly payment schedule, but the payments are split up into two payments, usually at the beginning and middle of each month. The semi-Monthly Meaning end result is often less money in one month, but it spreads out the money evenly among the four months of a quarter. This type of pay schedule has many advantages for both hourly and contract workers alike. Ultimately, semi-monthly pay is by far one of the best currently utilized payment schedules for most employees. It offers stability for employees, and consistency for employers, and improves the economy, giving it many advantages that are simply not available with once-a-month payments.
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