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

It’s not the same as bi-weekly.

Bi-weekly = 26 paycheques per year. 15th and 30th = 24 paycheques per year.