Independent payroll-schedule reference · Updated July 2026 Methodology · Submit a correction

What "headquartered in New York" actually means for your paycheck

Pay frequency is governed primarily by the state where the employee physically works, not where the employer is incorporated. A company headquartered in New York may run separate payroll calendars for staff in California, New York, or Massachusetts to comply with state-specific cadence floors. That said, the largest multi-state employers — including those listed below — typically adopt a single uniform payroll cadence across all locations to simplify administration. The most common simplification is to default to whichever cadence satisfies the strictest state minimum.

For the official state-by-state payday-requirement reference, see the U.S. Department of Labor's payday-requirements table and the NCSL summary of state payday laws. These are the canonical references HR teams use when designing multi-state payroll calendars.

Why a semimonthly schedule appears here

A semimonthly payroll schedule pays employees twice per month on fixed calendar dates, usually the 15th and the last business day, producing exactly 24 paychecks per year. Semimonthly is favored by banks, insurance carriers, technology companies, utilities, and consulting firms because it aligns naturally with monthly accounting closes.

Among the New York-headquartered employers in PayPeriod Hub, the semimonthly cadence appears most often at companies whose workforces concentrate in salaried corporate, technology, finance, and professional-services roles. The pattern reflects industry structure more than state law.

All 43 New York employers paying semimonthly

CompanyIndustryPaydayCityEmployees
AIG Insurance the 15th and last day of the month New York 26,200
American Express Financial Services the 15th and last day of the month New York 77,300
Apollo Global Management Financial Services the 15th and last day of the month New York 4,400
Bank of New York Mellon Financial Services the 15th and last day of the month New York 51,900
BlackRock Financial Services the 15th and last day of the month New York 19,800
Blackstone Financial Services the 15th and last day of the month New York 4,735
Citigroup Financial Services the 15th and last day of the month New York 240,000
Cohen & Steers Financial Services the 15th and last day of the month New York 367
Compass Technology the 15th and last day of the month New York 5,800
Consolidated Edison Utilities the 15th and last day of the month New York 14,342
Datadog Technology the 15th and last day of the month New York 5,000
Evercore Financial Services the 15th and last day of the month New York 2,155
Goldman Sachs Group Financial Services the 15th and last day of the month New York 45,300
IBM Technology the 15th and last day of the month Armonk 282,200
JPMorgan Chase Financial Services the 15th and last day of the month New York 309,926
Jefferies Financial Group Financial Services the 15th and last day of the month New York 5,550
KKR & Co. Financial Services the 15th and last day of the month New York 4,490
Kyndryl Holdings Consulting & IT Services the 15th and last day of the month New York 90,000
Lazard Financial Services the 15th and last day of the month New York 3,236
MSCI Financial Services the 15th and last day of the month New York 5,400
Marsh & McLennan Insurance the 15th and last day of the month New York 86,000
Mastercard Financial Services the 15th and last day of the month Purchase 33,400
MetLife Insurance the 15th and last day of the month New York 45,000
Moelis & Company Financial Services the 15th and last day of the month New York 1,100
MongoDB Technology the 15th and last day of the month New York 4,900
Moody's Financial Services the 15th and last day of the month New York 14,000
Morgan Stanley Financial Services the 15th and last day of the month New York 80,006
Nasdaq Financial Services the 15th and last day of the month New York 7,400
New York Life Insurance Insurance the 15th and last day of the month New York 12,000
Olo Technology the 15th and last day of the month New York 700
PJT Partners Financial Services the 15th and last day of the month New York 1,100
S&P Global Financial Services the 15th and last day of the month New York 40,000
Spotify Technology the 15th and last day of the month New York 7,400
Squarespace Technology the 15th and last day of the month New York 1,700
StoneX Financial Services the 15th and last day of the month New York 3,618
StoneX Group Financial Services the 15th and last day of the month New York 3,618
StoneX Group Inc. Financial Services the 15th and last day of the month New York 3,618
TIAA Financial Services the 15th and last day of the month New York 17,000
TIAA-CREF Financial Services the 15th and last day of the month New York 17,000
Take-Two Interactive Technology the 15th and last day of the month New York 11,580
Tradeweb Markets Financial Services the 15th and last day of the month New York 1,100
Travelers Cos. Insurance the 15th and last day of the month New York 33,000
Voya Financial Insurance the 15th and last day of the month New York 6,300

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