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The 4–4–5 calendar is a method of managing accounting periods, and is a common calendar structure for some industries such as retail and manufacturing. It divides a year into four quarters of 13 weeks, each grouped into two 4-week "months" and one 5-week "month".
Employees work in two-week cycles. Week 1, the employee works 4 days of 9 hours followed by 1 day of 8 hours with 2 days off (i.e. 44 hours). Week 2, the employee works 4 days of 9 hours with 3 days off (i.e. 36 hours). Like 8 hours a day for 5 days a week, this plan works to 80-hours in a two-week pay-period.
The five-day workweek is a cultural norm; the result of early 1900s union advocacy to reduce the six-day workweek, which led to the invention of the weekend.In the early 20th century, when the average work week in developed nations was reduced from around 60 to 40 hours, it was expected that further decreases would occur over time.
The 4-day week has been proven to increase productivity and world-life balance. Now staff say they'll take a pay cut to make it happen.
The pay scale was originally created with the purpose of keeping federal salaries in line with equivalent private sector jobs. Although never the intent, the GS pay scale does a good job of ensuring equal pay for equal work by reducing pay gaps between men, women, and minorities, in accordance with another, separate law, the Equal Pay Act of 1963.
For certain federal or state government contacts, employers must pay the so-called prevailing wage as determined according to the Davis–Bacon Act or its state equivalent. Activists have undertaken to promote the idea of a living wage rate which account for living expenses and other basic necessities, setting the living wage rate much higher ...
Semi-monthly — 18.0% — Twenty-four pay periods per year with two pay dates per month. Compensation is commonly paid on either the 1st and the 15th day of the month or the 15th and the last day of the month and consists of 86.67 hours per pay period. Monthly — 4.4% — Twelve pay periods per year with a monthly payment date.
In Botswana, salaries are almost entirely paid on a monthly basis with pay dates falling on different dates of the second half of the month. Pay day usually ranges from the 15th of the month to the last day. The date of disbursement of the salary is usually determined by the company and in some cases in conjunction with the recognized Workers ...