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I often hear the term semi monthly meaning in HR discussions. What does it actually mean?

The semi monthly meaning in HR discussions is very easy--it is the activity or event that takes place twice in a month. This generally means that salary payments will be made on two pre-determined dates per month in the context of HR and payroll. In contrast to weekly or biweekly schedules, semi-monthly payments are also based on certain calendar dates, allowing companies to plan payroll more easily, but potentially leading to slightly uneven pay periods.