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SCHEDULE 1: PAYMENT CYCLE FOR EMPLOYEES:
|
Cycle
|
Period of Work/Service
|
Process Date
|
Payment Date
|
|
01
|
1 January to 15 January
|
1 February
|
2 to 9 February
|
|
02
|
16 January to 31 January
|
15 February
|
16 to 23 February
|
|
03
|
1 February to 15 February
|
1 March
|
2 to 9 March
|
|
04
|
16 February to 28 or 29 February
|
15 March
|
16 to 23 March
|
|
05
|
1 March to 15 March
|
1 April
|
2 or 9 April
|
|
06
|
16 March to 31 March
|
15 April
|
16 to 23 April
|
|
07
|
1 April to 15 April
|
1 May
|
2 to 9 May
|
|
08
|
16 April to 30 April
|
15 May
|
16 to 23 May
|
|
09
|
1 May to 15 May
|
1 June
|
2 to 9 June
|
|
10
|
16 May to 31 May
|
15 June
|
16 to 23 June
|
|
11
|
1 June to 15 June
|
1 July
|
2 to 9 July due to End of Financial Year
|
|
12
|
16 June to 30 June
|
15 July
|
16 to 20 July due to CMP Tax Returns
|
|
13
|
1 July to 15 July
|
1 August
|
2 to 9 August
|
|
14
|
16 July to 31 July
|
15 August
|
16 to 23 August
|
|
15
|
1 August to 15 August
|
1 September
|
2 to 9 September
|
|
16
|
16 August to 31 August
|
15 September
|
16 to 23 September
|
|
17
|
1 September to 15 September
|
1 October
|
2 to 9 October
|
|
18
|
16 September to 30 September
|
15 October
|
16 to 23 October
|
|
19
|
1 October to 15 October
|
1 November
|
2 to 9 November
|
|
20
|
16 October to 31 October
|
15 November
|
16 to 23 November
|
|
21
|
1 November to 15 November
|
1 December
|
2 to 9 December
|
|
22
|
16 November to 30 November
|
15 December
|
16 to 23 December
|
|
23
|
1 December to 15 December
|
31 December
|
2 to 9 January due to NY
|
|
24
|
16 December to 31 December
|
15 January
|
16 to 9 January
|
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WEEKENDS AND PUBLIC HOLIDAYS PROCESSING and PAYMENT INFORMATION:
- When the PROCESS DATE falls on a PUBLIC HOLIDAY, the process of PAYMENTS/BILLS are completed on the FIRST WORK DAY (i.e. Mon-Fri) after the PUBLIC HOLIDAY.
- When the PROCESS DATE falls on a WEEKEND (i.e. Saturday or Sunday) the process of PAYMENTS/BILLS are completed on the MONDAY following the weekend.
- When the PROCESS DATE falls on a PUBLIC HOLIDAY which also falls on a WEEKEND, the process of PAYMENTS/BILLS are completed on the NEXT STANDARD WORK DAY (i.e. Monday to Friday).
- When the PAYMENT DATE falls on a PUBLIC HOLIDAY, the payment will be made automatically on the day of the PUBLIC HOLIDAYS, however payment may not show up in an account due to the closure of the person’s nominated bank.Â
- When the PAYMENT DATE falls on a WEEKEND (i.e. Saturday or Sunday), the payment will be made on the following MONDAY following the weekend.
- When the PAYMENT DATE falls on a PUBLIC HOLIDAY which also falls on a WEEKEND, the payment will be made on the NEXT STANDARD WORK DAY (i.e. Monday to Friday)
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Depending on your bank, pays can sometimes show up 1 to 5 days after we have issued the ABA Payment.