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not 24, there are 52 weeks in a year which is more accurate than 12 months * 2

if you actually work a full year, you'd lose 2 pay periods for no reason...

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13y ago

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How many pay periods in one year if paid semi-monthly?

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Normally, there are 24 pay periods when getting paid semi-monthly. You always get paid on the 1st, 15th or 30th.


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Semi-monthly refers to a payment schedule that occurs twice a month, typically on set dates such as the 1st and 15th. In contrast, bi-weekly means payments are made every two weeks, resulting in 26 pay periods per year instead of 24. This difference can lead to variations in total earnings and pay dates, especially in months where a semi-monthly pay period may not align with the bi-weekly schedule.


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