Question

What does being paid monthly in arrears mean?​

Answer 1

Answer:

In the world of payroll, paying in arrears usually refers to paying an employee for work completed from a previous pay period instead of the current pay period. ... Since your employees received their paychecks after they completed the work, you paid them in arrears.

Answer 2

Explanation:

In the world of payroll, paying in arrears usually refers to paying an employee for work completed from a previous pay period instead of the current pay period. ... Since your employees received their paychecks after they completed the work, you paid them in arrears.