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Introduction
Biweekly pay is a common pay schedule used by many companies. It means that employees are paid every two weeks, or 26 times a year. If you’re looking for a biweekly pay period calendar for the year 2024, you’re in the right place. In this article, we’ll cover everything you need to know about biweekly pay periods, including how to calculate your pay, how to read a pay stub, and more.
What is a biweekly pay period?
A biweekly pay period is a pay schedule in which employees are paid every two weeks. This means that there are 26 pay periods in a year. Biweekly pay periods are popular because they are easy to manage and they align well with monthly bills and expenses.
How do I calculate my biweekly pay?
To calculate your biweekly pay, you need to know your hourly wage or salary and your work hours for the pay period. Multiply your hourly wage by the number of hours you worked, then subtract any deductions, such as taxes and benefits. This will give you your net pay for the pay period.
Reading a pay stub
A pay stub is a document that shows your earnings and deductions for a specific pay period. It’s important to review your pay stub to make sure you’re being paid correctly and to understand any deductions that are being taken out of your pay.
What information is on a pay stub?
A pay stub typically includes your gross pay, which is your earnings before any deductions are taken out, as well as your net pay, which is your earnings after deductions. It will also show your taxes withheld, any insurance premiums or other benefits deducted from your pay, and your year-to-date earnings and deductions.
Biweekly pay period calendar 2024
Here is a biweekly pay period calendar for the year 2024:
| Pay Period | Pay Date |
|---|---|
| December 30, 2023 โ January 12, 2024 | January 19, 2024 |
| January 13 โ January 26 | February 2 |
| January 27 โ February 9 | February 16 |
| February 10 โ February 23 | March 1 |
| February 24 โ March 8 | March 15 |
| March 9 โ March 22 | March 29 |
| March 23 โ April 5 | April 12 |
| April 6 โ April 19 | April 26 |
| April 20 โ May 3 | May 10 |
| May 4 โ May 17 | May 24 |
| May 18 โ May 31 | June 7 |
| June 1 โ June 14 | June 21 |
| June 15 โ June 28 | July 5 |
| June 29 โ July 12 | July 19 |
| July 13 โ July 26 | August 2 |
| July 27 โ August 9 | August 16 |
| August 10 โ August 23 | August 30 |
| August 24 โ September 6 | September 13 |
| September 7 โ September 20 | September 27 |
| September 21 โ October 4 | October 11 |
| October 5 โ October 18 | October 25 |
| October 19 โ November 1 | November 8 |
| November 2 โ November 15 | November 22 |
| November 16 โ November 29 | December 6 |
| November 30 โ December 13 | December 20 |
| December 14 โ December 27 | January 3, 2025 |
FAQs
What is the difference between biweekly and semimonthly pay periods?
Biweekly pay periods occur every two weeks, while semimonthly pay periods occur twice a month, usually on the 15th and last day of the month. Biweekly pay periods result in 26 pay periods per year, while semimonthly pay periods result in 24 pay periods per year.
What day should I expect my biweekly pay?
Your pay date will depend on your employer’s pay schedule. The pay period calendar above can help you determine when you can expect to receive your pay.
What should I do if I think there’s an error on my pay stub?
If you notice an error on your pay stub, you should bring it to your employer’s attention as soon as possible. They will be able to investigate the error and make any necessary corrections.
Conclusion
Understanding your biweekly pay period and how to read your pay stub is important for managing your finances. We hope this article has provided you with the information you need to navigate biweekly pay periods and ensure that you’re being paid correctly.