Biweekly Pay

Biweekly Pay, in this case, is a routine of payrolls where the workers are getting their wages or salaries every two weeks on the same day of the week. In a biweekly pay scheme, workers are paid for work done over a two-week period. The pay period start on a Sunday or Monday and normally ends on a Sunday or Saturday. Biweekly pay is a widely used payroll practice by many employers to offer a regular and predictable payment platform to employees and to reduce payroll administration complexity. It is distinct from weekly pay, which is issued every week, and semimonthly pay, which is issued twice a month on special days.

Example of Biweekly Pay:

For instance, a company may have a biweekly pay schedule in which employees are paid on every other Friday. Here, the employees' salaries reflect the duration of the bi-weekly cycle from the previous Monday up to the Sunday before payday. If an employee works overtime during this period, these overtime hours will be included in the next check. Biweekly payroll schedules are advantageous because they offer a reliable and regular stream of income for employees and less frequent payroll processing for employers. Nevertheless, it is important to have the employer explain clearly to the employees about the biweekly pay system, including the pay periods, pay dates, and any relevant policy concerning overtime, deductions, and benefits.