Backdating is dating any document by a date earlier than the one on which the document was originally drawn up.Under most circumstances, backdating is seen as fraudulent and illegal, although there are some situations in which backdating can be used in a legal and beneficial way, such as backdating a claim for a past period.In most cases, the funds will appear in the employee's account 2 banking days after the payroll is processed.Since tax agencies calculate payments based on the check date, not the pay period date, late paychecks will often result in a late payment to state or federal agencies.If the salary increase is effective during a prior pay period, the employee is due retroactive pay.
Last week, the Northern Ireland Court of Appeal in Patterson v Castlereagh Borough Council provided more bad news for employers by holding that there is no reason why purely voluntary overtime should not also be included in holiday pay.
It later raised venture capital from Sequoia Capital and New Enterprise Associates.
It changed its name to Vitesse Semiconductor in 1987. In 1999, it acquired Xa Qti and in 2000, acquired Sitera Vitesse was one of the early developers of gallium arsenide (Ga As) based integrated circuits.
On March 18, 2015 Microsemi Corporation and Vitesse Semiconductor Corporation jointly announced that Microsemi would acquire Vitesse. Vitesse was founded by Al Joseph in 1984 as Vitesse Electronics Corporation.
Its founders came out of Rockwell International and were funded with Million from the Norton corporation.