Time Tracking & Pay

Time Tracking & Pay

Folio operates on a weekly pay cycle. Hours are submitted, verified, and paid out on a regular schedule each week.

Pay Cycle Overview

Stage	Timing
Work period	Monday – Sunday
Hours submission deadline	Sunday end of day
Folio verification	Monday – Wednesday
Payment processing	Wednesday
Funds available	Thursday

How Hours Are Tracked

For hourly contracts, hours must be logged through the Folio platform:

1. Log your hours at the end of each work session or at the end of the week.

2. Submit your hours by the Sunday deadline for inclusion in the current pay cycle.

3. Hours submitted after the deadline will be processed in the following cycle.

Only hours logged within the Folio platform are eligible for payment. Hours tracked in external tools without platform submission will not be compensated.

Verification

Folio reviews submitted hours each week to verify accuracy and alignment with contract terms. During review, hours are cross-checked against:

• Agreed weekly hour limits in your contract

• Submitted work product and task completion

• Project manager confirmation (where applicable)

Payment Methods

Folio processes payments via Stripe. You must connect a Stripe account before receiving any payments.

To connect Stripe:

1. Go to Settings → Payment tab.

2. Click Connect to Stripe.

3. Follow the Stripe onboarding flow to link your bank account or debit card.

By connecting your Stripe account, you agree to the Stripe Recipient Agreement.

See Supported Countries for information on payment availability in your region.

Late or Missing Payments

If your expected payment has not arrived by the end of Thursday, contact Folio support via the in-app help chat or email [e-mail]. Include your contract name and the relevant work week dates.