[loeg]

> Q from outside the US: why is capital needed for payroll mid month?

The US largely does payroll biweekly (every two weeks). Sometimes weekly, although usually not in tech. It isn't like Germany or whatever where payroll is only once a month.

[dragonwriter]

> The US largely does payroll biweekly (every two weeks).

Weekly, biweekly, monthly, and semimonthly are all common; In most states, there are rules setting minimum frequency (and sometimes regulating on what days as well as frequency), and they may vary by industry and job type. E.g., for California: https://www.dir.ca.gov/dlse/faq_paydays.htm

[loeg]

I believe biweekly (or semimonthly, which is very similar) are more common than the others, at least in tech.