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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
Work permit
A work permit is an official document giving a foreigner permission to take a job in a country.
Cutoff date
The cutoff date is the last day within the payroll cycle.
Net salary
The wage that the employee actually receives after income tax is deducted.
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