Biweekly Pay Calculation:
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Biweekly pay means employees receive their wages every two weeks, typically resulting in 26 pay periods per year. This is different from semi-monthly pay which occurs twice per month (24 pay periods).
The calculator uses the simple formula:
Where:
Explanation: The calculation divides the annual salary by 26 pay periods to determine the gross amount for each biweekly paycheck.
Details: Accurate biweekly calculations are essential for payroll processing, budgeting, and understanding take-home pay after deductions.
Tips: Enter annual salary in dollars. The calculator will divide by 26 pay periods automatically. All values must be valid (salary > 0).
Q1: Why divide by 26 instead of 24?
A: Biweekly means every two weeks (52 weeks/year ÷ 2 = 26 pay periods), while semi-monthly is twice per month (12 months × 2 = 24 pay periods).
Q2: Does this include deductions?
A: No, this calculates gross biweekly pay. Net pay would deduct taxes, insurance, retirement contributions, etc.
Q3: What about leap years?
A: The calculation remains the same (26 pay periods) regardless of leap years.
Q4: How does this work for hourly employees?
A: For hourly workers, biweekly pay would be hours worked × hourly rate for that period, not annual salary based.
Q5: Are there months with three paychecks?
A: Yes, in some years there will be 27 pay periods due to calendar alignment.