How and when employees are paid
Weekly or monthly, by Bacs or another way: see how pay frequency and payment timing work, and when a payslip is due.
This path is practice in how the records and the sums work. It is not tax advice. Any rate or allowance in a question is an example for that question, so check GOV.UK for the current figures.
Task 1How often4 questions
- Weekly: 52 paydays a year
- Every four weeks: one payday for each four weeks of the year
- Monthly: 12 paydays a year
The contract sets how often an employee is paid. A salary is divided by the number of paydays in the year.
Jo's salary at Kestrel Row Cycles is £31,200 a year.
Task 2Getting the money to the bank2 questions
Task 3Payslips and the cut-off3 questions