Want this question answered?
Biweekly means every two weeks that should be around 24 pay periods.
24 Semi-Monthly means twice per month. 12 months in a year times twice a month = 24
52 times, there are 52 weeks in a year.
Bi-monthly means you are paid twice every month, notice the prefix bi which means two. Since there are 12 months in a year, a person being paid bimonthly would have 24 pay periods in a year (12 X 2 = 24)
Normally, there are 24 pay periods when getting paid semi-monthly. You always get paid on the 1st, 15th or 30th.
There are 52 weeks in a year and therefore 52 pay periods for an employee being paid weekly.
2 times If you figure there are 52 weeks in a year, bi-weekly means you get paid 26 times a year. Divide that by the number of months. So 12 goes into 26 twice which means you get paid 2 times each month with 2 months having 3 pay periods.
Biweekly means every two weeks that should be around 24 pay periods.
That's going to depend on what day you get paid.I get paid twice a month, so for me, NO months in 2013 have 5 pay days. Or even 3.UPDATE:"Or even 3."This is not true, if you get paid bi-weekly. If you get paid on Thursday, your "extra" month will be either January/August or May/October(All four if you get paid weekly). If you get paid Friday, its May/August or March/November (All four if you get paid weekly).
Paid every 2 weeks (26 pay periods per year)
If you get paid weekly (your gross check amount, pre tax) You weekly pay x 52 weeks = yearly gross Paid bi Weekly 2 weeks pay X 26 = paid 26 times a year (2 months you are paid 3 times)
You are paid your weekly salary weekly, assuming you are paid weekly.If you are paid biweekly, monthly, or semi-monthly, you may get paid nothing during some weeks and much more on following weeks.
Whether paid bi-weekly or weekly or never, the number of weeks in the year remains the same - just over 52 weeks.
Circle K employees get paid weekly
Whether or not being paid weekly is a disadvantage, depends on a person's point of view and lifestyle. Many people enjoy being paid weekly.
There are roughly 43 weeks in 10 months. If the employee was paid every two weeks, he or she would have received 21 checks.
Regular employees are paid weekly. Store managers paid bi-weekly.