At Multiplier, we use cut-off dates to lock payroll, salary revision, and other employee payments such as bonuses, allowances, pay supplements, and expenses.
Therefore, it is essential to onboard an employee in time & add/approve any other payment before the payroll cut-off date to ensure the desired amount is processed & disbursed in the same month's payroll.
If you onboard an employee or add any payroll input after the payroll cut-off date, the desired amount will only reflect in the next pay cycle.
Our payroll cut-off date is fixed at the 10th of every month, implying that employees onboarded before the cut-off date will receive their salaries & payments in the same month. On the other hand, employees onboarded after the 10th of a month, will receive their salaries & payments in the subsequent month.
Note that you will be notified about the payroll cut-off date when you onboard a new employee on the platform & add the 'Employment Start Date'.
The cut-off date also applies to salary revision and other employee payments such as bonuses, allowances, pay supplements, and expenses. Further, the cut-off date remains the same for monthly and semi-monthly pay cycles.