What is a remainder payment?

Remainder pay is the pay sent to your employee on payday. It is calculated by using the reported net pay for the given pay period and subtracting any early transfers and applicable fees.

In a hypothetical example, if an employee transferred $250 during the pay period (including fees) and their reported net pay is $700, they will then receive $450 on payday. 

Employees can use the DailyPay app to track transfers made from a given pay period. For more information, see How does payday work for DailyPay users?