Payroll Cycle
A payroll cycle is the recurring period a payroll run covers, together with its cut-off dates for attendance, changes and approvals before the run is processed.
Also known as: pay period, payroll calendar, payroll cut-off
The cut-off is the part that matters operationally. Attendance up to a date, salary changes approved by a date, new joiners added by a date — everything after that falls into next month, and a cycle without firm cut-offs is a cycle that gets reopened.
Most Indian companies run monthly with a mid-month or month-end cut-off, which means the last days of the month are estimated and corrected in the next run. Deciding explicitly how those days are treated prevents a recurring argument.
Arrears and retrospective changes are the recurring complication. A salary revision backdated two months has to flow through as arrears rather than by reopening closed runs, and doing it the other way breaks every downstream report.
Handled in SignHR
Payroll
Payroll support & integration: salary structures, attendance-to-payroll inputs, payslip access, reimbursements, and a clean hand-off to your payroll provider.
See payrollRelated terms
Payslip
A payslip is the statement issued each pay period showing what an employee earned, what was deducted and what was paid — the record of a single salary payment.
LOP (Loss of Pay)
LOP is an unpaid absence — a day an employee did not work and had no paid leave balance to cover, so the corresponding salary is deducted from that month's pay.
Net Salary (Take-Home)
Net salary is what actually reaches an employee's bank account — gross earnings for the period less every deduction and recovery.
Attendance Regularisation
Attendance regularisation is the process of correcting an attendance record after the fact — a missed punch, a forgotten check-out, or time worked away from the usual place — through a request the manager approves.