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.
Salary Calculation. Salary employees have 2,080 work hours per calendar year, which includes paid benefit days, such as vacation and sick time. A semimonthly payroll has 24 pay periods for the year (twice per month x 12 months). This means that a salary employee receives payment for 86.67 hours each payday (2,080 / 24).