For example: The employee typically receives a net pay of $1800 every semi-monthly cycle, CP will advance the employee this amount on July 27 and will recover the advance in 10 equal payments of $180 net until the amount is fully recovered by year end.ith the switch happening on pay period 14, the now ‘ex-current paid’ employees will not receive a regular net pay on this pay cycle. Effective with pay period 15, all employees will be on the same pay cycle (days worked from July 16 through to July 31) and their next pay date will be August 10.