Biweekly Salary Formula:
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Biweekly salary refers to the amount an employee earns every two weeks. It's calculated by dividing the annual salary by 26 (the number of biweekly periods in a year).
The calculator uses the simple formula:
Where:
Details: Understanding your biweekly salary helps with budgeting, financial planning, and comparing job offers with different pay schedules.
Tips: Enter your annual salary in dollars. The calculator will automatically divide by 26 to give your gross biweekly pay.
Q1: Why divide by 26 instead of 24?
A: There are 52 weeks in a year, which equals 26 biweekly periods (52 ÷ 2 = 26).
Q2: Is this before or after taxes?
A: This calculates gross (before tax) biweekly salary. Net pay will be lower after deductions.
Q3: What about months with three paychecks?
A: Some months you'll receive three paychecks instead of two because 26 pay periods don't divide evenly into 12 months.
Q4: How does this differ from semimonthly pay?
A: Semimonthly pay is 24 pay periods per year (twice a month), while biweekly is 26 pay periods (every two weeks).
Q5: Does this include bonuses or overtime?
A: No, this calculates base salary only. Additional compensation would need to be calculated separately.