1 Nokia (NOK) is in talks to buy Alcatel-Lucent (ALU) in a deal that would create a group worth around 40 billion euros ($42 billion). 2  The Finnish and French companies said in a statement that at this stage there was no certainty that a merger would go ahead.
PAYCHECKS Hourly Employees â Based on a Monday through Friday work schedule, a semi-monthly payperiod can have 9 to 12 workdays (72 - 96 hours), resulting in a varying number of work hoursin different pay periods and changes in net pay received each payday for hourly employees.
At work today, I had a few clients asking me how do you determine the number of hours for each pay period? To begin this analysis, letâs determine, how many hours are in a year? An employee normally works 8 hours a day x 5 days a week is 40 hours a week x 52 weeks in a year is 2080 working hours per year. Here is a breakdown of the number of hours per pay period: Weekly (Paid 52 times a year) is 2080 hrs / 52 times = 40 hours per pay period. Bi-Weekly (Paid 26 times a year) is 2080 hrs / 26 times = 80 hours per pay period.