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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Former business owner here. If you use a payroll company, they charge you to issue a paycheck to a person. They remove the appropriate amount of taxes and send the agencies that get them. The fee is per check. I paid weekly till I realized how much extra it was costing me. So we went to bi-weekly. If I was smart, I would have done the twice a month.
So this is probably more about the company saving money than anything else.
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