What is the pay period at a job where you get paid biweekly?

Question

on the 1st and 15th of each month

Answer 1

You typically get paid twice a month = biweekly = every two weeks. So, the 15th and the 31st (30th or 28th/29th depending on what month and leap year...for all you lurking flamers) of every month.

Answer 2

OK, first of all, getting paid on the 1st and 15th of the month is not bi-weekly. Some months, it may work out like that, because the 1st or 15th falls on a weekend or holiday, but not often. The pay period is as follows (for example)
pay day should be January 15, however, this is MLK day, so banks aren't open, so payday is really January 12, your check should include pay from December 16 - December 31st, OR pay from January 1 - January 15 (it depends how the company does it - if they hold back a check or if you get paid upon completion of the first pay period. Your next check would be February 1st, and this pay would include days from Jan 1 - Jan 15, or Jan 15 - Jan 31st. Trust me, getting paid bi-monthly sucks, sometimes you can go as much as 21 calendar days without a paycheck. It is much simpler to get paid every other week (for ex. every other Fri). Getting paid in that manner, you receive 26 paychecks a year, getting paid bi-monthly (1st&15th or 15th&last day of month) you only get 24. This is an accounting method that allows your company to hang on to the money longer, therefore allowing them to use it to earn interest. It also saves money in the accounting department. Good luck! I sure miss getting paid every other week!

Answer 3

twice a month would be semi monthly like the 1st and 15th
biweekly would be every 14 days or about 26 times per year like every second Wednesday or something similar
if you are asking what days you are paid from and til on each of the checks that can vary but most that I know of go from the 26th to the 10th on the check you get on the 15th and the rest of the time on the other check

Answer 4

They have set paydays. If one doesn't fall until the following week, that is when you will get paid. Also, many companies hold back a week pay before you even begin to collect. Ask the personnel department or the payroll department and you will have the answer in a minute.

Answer 5

It's called semi-monthly, not biweekly.

Answer 6

huh?