Payroll cycle
Catalog row in Vendor License Metrics · Cited
- Unit
- Payroll cycle
- Definition
- Paycom Pay page: "Paycom issues paychecks that clear off our bank account instead of yours. Then once (and only once) each payroll cycle, Paycom drafts the entire net payroll, taxes and fees from your account in a single transaction for your convenience."
- Counting rules
- One draft of net payroll, taxes and fees per payroll cycle. The fee amounts are not published.
- Floors / minimums
- None published.
- Applies to products
- Paycom Pay
- Product category