payroll cut of date

what does a pay roll cut off date mean, say cut of date is 17th this month do you get paid every thing till that date this month,then after that date it gets added to next months pay

Comments

  • scheming_gypsy
    scheming_gypsy Posts: 18,410 Forumite
    if you stick expenses in on the 16th you'll get them in that pay, if you do it on the 18th you'll get them the following month
  • if you stick expenses in on the 16th you'll get them in that pay, if you do it on the 18th you'll get them the following month


    so i'm write then any wages earnt before a cut off date you get that month any thing earnt after cut off date is added onto next months wages,
  • Savvy_Sue
    Savvy_Sue Posts: 47,097 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    There are various ways of working it, depending on what you're trying to achieve.

    Our payroll cutoff date isn't completely fixed, but it's mid-month. If you start after 15th, you're likely to have to wait until the following month for your first salary (but we'll offer you an advance).

    Salaries go into the bank on 25th, for a full month.

    So if there are any adjustments to make (like a payrise or change of hours), your manager had better tell me before 15th, or your salary will be wrong.

    If you work overtime for me, you won't get it until the month after the one in which you work it. So any extra hours done in October will be paid to you in November.

    The definitive answer for you will come from your payroll dept, not me.
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  • dancingfairy
    dancingfairy Posts: 9,069 Forumite
    If your place operates on time sheets then it might mean you get paid for example from 15th October to 14th November and receive that pay maybe end of November.
    On the other hand work may operate a system where your basic pay is the same for each month and any adjustments are done mid month to mid month - ie overtime, expenses, losing money for sickness etc.
    I would imagine the second scenario is probably more common though.
    Best bet is to check with your HR dept or line manager.
    df
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  • KiKi
    KiKi Posts: 5,381 Forumite
    Part of the Furniture 1,000 Posts
    A "cut off date" is the date by which any changes to salary, or any additional expenses, or timesheets need to be given to the payroll team.

    Let's say your pay day is 30 October. The "cut off date" is, for eg, 18 October (because paying people takes time to process and check) - after this time, usually no new people can be put onto payroll for 30 October, no more changes can be made, no bank details can be changed, no more time sheets can be given in etc. So any changes to the expected salary on 30 October, or any additional hours, expenses, or changes to shifts etc need to reported to payroll by 18 October.

    If you were to do additional hours or have expenses after 18 October, then they'd have to be submitted for your pay day in November, as they'd have missed the cut off for October.

    Every company works it slightly differently, but that's the gist of it.

    HTH
    KiKi
    ' <-- See that? It's called an apostrophe. It does not mean "hey, look out, here comes an S".
  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Ask your employer no one can tell you.

    the key thing to understand is the pay period and the pay date.

    typical monthly pay is pay period calendar.
    pay day some day near end of month

    cutoffs for overtime expenses mid month
  • paddedjohn
    paddedjohn Posts: 7,512 Forumite
    Part of the Furniture
    We get paid on the 26th of each month or earlier if it falls on a weekend/holiday and have to give in our timesheets by 22nd. Any overtime after 22nd is paid the following month.
    Be Alert..........Britain needs lerts.
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