Vergütungszyklus
Vergütungszyklus refers to the predetermined period over which an employee's compensation is calculated and paid. This cycle is a fundamental aspect of payroll management and employment contracts. The most common Vergütungszyklus is monthly, meaning employees receive their salary once a month, typically on a specific date. Other common cycles include bi-weekly (every two weeks) or weekly, particularly in certain industries or for hourly wage earners.
The duration of the Vergütungszyklus influences various administrative processes. It dictates when timesheets need to be