Salary Cut Off Date - Best Practices

Hi,

which is the ideal salary pay cycle.

  1. Should it be 24th previous month to 25th current month OR from 26th of the previous month to 25th of the current month?
  2. What are the advantages?
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An ideal pay cycle depends on the time taken by the team to process it without any hassles and closing the Attendance cycle.

Example a company with less than 1000 employees has to pay on or before 7th and above 1000 can pay on 10th.

Now considering this you need to choose.

But in general companies do on 20th or 25th which is the major cut off dates.

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