Example: If the "Loan Date" is May 15th and the "Payment Frequency" is "Monthly," then the "1st Payment Date" should be set to June 15th, that is IF you want a conventional interest calculation. See amortization with dates — first period interest & year-end totals for details about the long and short period interest options. Review your pay frequency to ensure compliance. Massachusetts law requires employers to pay hourly, nonexempt employees on a weekly or biweekly basis. Only salaried, exempt employees can be paid on a semi-monthly basis, with limited exceptions. In Massachusetts, only exempt employees can elect, at their own option, to be paid on a monthly basis. Payment Frequency Register. Office Finder. FAQ. Site Map. Sign In. DCSS Home Page Enter the value of the income or expense in the "Amount" field and the number of ...

Payment of Wages. Generally, employers must pay manual workers each week. Payday must be no later than seven days after the end of the week when you earned the wages. Nonprofit organizations may pay manual workers twice a month if that is their agreement.