I've seen both and as an employee the semi-monthly is the best - it's about biweekly but you don't have to wonder why some months you only see 2 paycheck vs. 3. Predictable is really good.
From a company standpoint, not having to accrue the liability on the ledger simplifies the accounting auditability & ability to close your books monthly.
From a company standpoint, not having to accrue the liability on the ledger simplifies the accounting auditability & ability to close your books monthly.