# Payroll #### U.S. Employees and Contractors **Employees** * Full-time, U.S. employee payroll is managed via the U.S. payroll system. * The Accounting Team will onboard a new employee in the U.S. payroll system. * If the new employee resides in a new state, the People Operations Team, along with the Accounting Team, will complete required new state registrations and set up payroll tax accounts through our registered agent services. We will also purchase worker's compensation insurance through our U.S. payroll system. New account details should be saved in OCV’s password manager. * The Accounting Team runs payroll on a semi-monthly payroll schedule. Employees are scheduled to be paid on the 15th and last day of the month. Payroll is generally processed \~3 business days prior to pay day. * Employees are expected to complete their onboarding process through the U.S. payroll system and set up direct deposits for their payroll. * Employees can also view their pay stubs on the U.S. payroll system. **Contractors** * Full-time and part-time U.S. independent contractors are expected to track their hours worked in the U.S. payroll system. * Hours will be reviewed by manager(s) and the Accounting Team 2 business days prior to the 15th and last day of the month for semi-monthly payroll processing. * If a contractor is operating under an entity, payments will be processed via an e-payment system for vendors. Contractors must send their invoices to OCV’s billing group email for payment processing. Also see[💵Vendor Payments & Invoicing](https://handbook.opencoreventures.com/ocv-finance-operations/vendor-payments-and-invoicing/). #### Non-U.S. Based Employees and Contractors * Payments related to the contracted services are processed by the international payroll system monthly. * For contracted non-U.S. team members, a completed W-8BEN Form is collected during the[ ](https://handbook.doublegdp.com/Finance/Payroll/#pilot)international payroll system onboarding process. * Expense reimbursement reports from the non-U.S. team members are required to submit in the international payroll system. If you have any questions or concerns about the status of your payment, please contact the Accounting Team. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://handbook.opencoreventures.com/ocv-employees/finance-operations/payroll.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.