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.
Semi-monthly pays are more confusing to employees, in particular when âpaydayâ falls on a weekend or holiday. Overtime Calculations. Employers who have nonexempt hourly employees are required by FLSA law to pay 1 Â½ times the regular rate of pay for hours worked in excess of 40 in a âworkweekâ.