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.
Bi-weekly pay schedules can be complicated if there are 27 pay periods in a year (as opposed to the normal 26). This occurs depending on which day the year starts with, and how the days of the week fall. Semi-monthly pay schedules can be tricky for hourly employees, because there are 86.67 hours in a typical pay period. This makes overtime pay complicated, and could increase questions from your employees.