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?

In: 0

Answer 1

You get paid 24 times per year as compared to 26. However, the paychecks will be very slightly larger to compensate for this, as the days for the two less paychecks will be on other paychecks throughout the year.