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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
Unpaid Leave
Unpaid leave refers to a period of time off from work in which an employee does not receive their regular salary or wages.
Exit interview
An exit interview is a meeting with an employee who is about to leave, or has recently left.
Cutoff date
The cutoff date is the last day within the payroll cycle.
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