Precast concrete is a construction product produced by casting concrete in a reusable mold or form which is then cured in a controlled environment, transported to the construction site and lifted into place. In contrast, standard concrete is poured into site-specific forms and cured on site.
What They Are. Semi-monthly payments are payments made twice per month on the 1st and 15th rather than once per month on your regular due date. The balance due remains unchanged; if your mortgage is $1,200 per month, you would make a payment of $600 twice each month.
What Does Semi Monthly Payroll Mean? The Fair Labor Standards Act, which sets the federal wage and hour laws, says employers must pay employee wages due in a prompt manner. Many states have minimum payday policies, which require an employer to pay employee no less than by the stated time frame.