Explain to me how being paid on the 15th and 30th is the same amount of pay as biweekly?

Question

My new job pays on the 15th and 30th of every month. IF those days fall on a weekend we get paid on the friday before. My math is terrible but this feels like I come out with LESS paychecks per year?

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Answer 1

> My math is terrible but this feels like I come out with LESS paychecks per year?

Correct. twice a month is 24 paychecks while bi-weekly is 26. Those 24 cheques will each be slightly bigger than the 26 ones as each one covers slightly more time. You get paid the same amount regardless of how frequently you are paid.