Per Pay Period is a term used to describe the frequency of wages or salary being paid out. It can refer to weekly, bi-weekly, semi-monthly, or monthly pay periods depending on the company and its payroll policies. This method of payment allows employers to more accurately budget resources, as well as make sure employees receive their salaries on time. It also helps reduce paperwork and simplify accounting requirements. No matter what form of compensation your business offers, this form of payment simplifies the entire process while ensuring everyone gets what they’re due.