Like the people that get paid on the 1st & 15th of the month, how does that work?
2006-06-29 10:56:20 · 8 answers · asked by Susan D 1 in Arts & Humanities ➔ Philosophy
ok here's my problem...... I babysit this kid and the parents get paid on the 1st and the 15th, over the year I am getting screwed out of 2 weeks pay and I need to know how to handle this...........
2006-06-29 11:05:51 · update #1
As stated by other responders, there are no "extra 2 weeks." Some people get 52 paychecks a year, some get 12, some get 24, and some get 26.
What is important, though, is your problem--babysitting the kid for the people who get paid twice each month. There are two reasonable solutions to your problem.
1) Set a monthly babysitting rate, which they can pay once a month--or they can pay half the amount on each of their paydays. This ignores the fact that some months you babysit more often--it simply charges a flat monthly rate for the service you provide. That is one solution, and since you are getting paid for each month, you are not getting cheated out of two weeks.
2) Keep up with the actual number of weeks, and have them pay you on the Friday following when they get paid. This will mean that sometimes they owe you for two weeks, other times they owe you for three.
For example, since June 1 was a Thursday this year, they would have paid you on June 2. We'll use that as our "starting point" and assume that you are even at that time. So you babysit June 5-9 (one week), then June 12-16. They got paid on June 15, so on June 16 they owe you for two weeks (the weeks I just mentioned).
Now you babysit June 19-23 (one week), June 26-30 (second week), and July 3-7 (third week). They got paid on July 1, but the first Friday following that is July 7. At that time, they will owe you for three weeks.
I'm not sure how you are doing it now--if they are paying you for two weeks each time they pay you, then they are getting two free weeks each year, and you have a right to point this out to them. Either of the approaches above will give you a way to be paid fairly--depending on how they want to do it.
2006-06-29 12:36:08 · answer #1 · answered by tdw 4 · 0⤊ 0⤋
I see your point, but there are not really 2 extra weeks per year. There are 52 weeks per year, 12 months per year.
The question that you're asking is tricky. It all depends on how the person is paid. Weekly wouldn't be a problem. Every 2 weeks, there would be a couple of months in which they are paid three times. As in your case, ie, military or State, this would be my solution.
Explain to the person that there is a couple of months where they are getting "an extra: week of childcare. Lets assume you get $75/week. If they pay on the 1st and 15th, in advance, the payment would be $150 on the 1st. This would carry them till the 15th. Looking ahead at the calendar, see if the next pay actually contains 2 or 3 weeks. If it contains 3 weeks, then the 15th payment would actually be $225. To even further simplyfy things - lets set the payment days to Fridays. When there are 4 Fridays per month, childcare would be $300 per month. When There are 5 Fridays, payment per month would be $375. Divide the monthly payment by the Fridays, and that amount is what should be paid on the 1st and 15th.
If this is still too confusing - stop watching the kid - $75 per week is too cheap anyway.
2006-06-29 15:52:27 · answer #2 · answered by doc 1 · 0⤊ 0⤋
I have to answer this question all the time.
There are NOT 4 weeks per month. Get that out of your head. There are 52 weeks per year.
There are 12 months per year.
If you get paid on the "1st and 15th", you will be paid 24 times in a year.
If you get paid "Every Two Weeks" you will be paid 26 times per year.
The two are not the same. There is no "extra" two weeks.
Hope I was able to help!
2006-06-29 11:03:15 · answer #3 · answered by DJ 7 · 0⤊ 0⤋
People paid on the first and 15th (or some of us, 15th and last day of the month; better known as semi-monthly) get 24 checks a year. Those paid bi-weekly get 26 checks a year.
Depends on how their bi-weekly pay periods are set up as to which months they will actually get 3 checks vs. 2.
2006-06-29 11:02:06 · answer #4 · answered by TheOnlyBeldin 7 · 0⤊ 0⤋
April, September
2006-06-29 11:14:29 · answer #5 · answered by tesorotx 5 · 0⤊ 0⤋
no matter if there is an extra week in the month, you'll still get paid on the 1st and 15th...
2006-06-29 11:04:46 · answer #6 · answered by stargatebabe 3 · 0⤊ 0⤋
What?!? 2 extra weeks in 2006 - That's crazy talk
2006-06-29 11:00:10 · answer #7 · answered by Ky 1 · 0⤊ 0⤋
September and December (Merry X-mas) my husband get pd the same way.
there are 3 pay periods in those months so you'll get an extra pay check.
2006-06-29 11:06:20 · answer #8 · answered by JenniferE 3 · 0⤊ 0⤋