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Off-cycle payment
"Off cycles", occur when payments are processed outside of the regular payroll cycle.
Off-cycle payments, or "off cycles", occur when payments are processed outside of the regular payroll cycle. Bonuses and commissions sometimes fall in off-cycle payments; retroactive pay increases can also be done off-cycle. A final check for a terminated employee may be processed off-cycle as well.
Related Glossaries
Parental leave
An employee benefit that provides job-protected leave from employment to care for a child.
Tax collection
Tax collection refers to the process by which governments collect taxes from individuals and businesses to fund public services and infrastructure.
Wage
A wage is a fixed payment for services rendered.
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