1. What is Biweekly Salary?

Biweekly salary refers to the amount an employee earns every two weeks. It's calculated by dividing the annual salary by 26 (the number of biweekly periods in a year).

2. How Does the Calculator Work?

The calculator uses the simple formula:

Where:

• Annual Salary — Total yearly compensation before deductions
• 26 — Number of biweekly pay periods in a year

Explanation: This calculation provides the gross (pre-tax) amount an employee would receive in each biweekly paycheck.

3. Importance of Biweekly Salary Calculation

Details: Understanding biweekly pay helps with budgeting, financial planning, and comparing compensation packages between jobs with different pay frequencies.

4. Using the Calculator

Tips: Enter your annual salary in dollars. The calculator will automatically divide by 26 to show your gross biweekly pay.

5. Frequently Asked Questions (FAQ)

Q1: Is biweekly the same as semi-monthly?
A: No. Biweekly means every two weeks (26 pay periods/year), while semi-monthly means twice per month (24 pay periods/year).

Q2: Why divide by 26 instead of 24?
A: There are 52 weeks in a year, and 52 divided by 2 (for biweekly) equals 26 pay periods.

Q3: Does this include taxes and deductions?
A: No, this calculates gross pay. Net pay would be lower after taxes and other deductions.

Q4: What about hourly employees?
A: This calculator is for salaried employees. Hourly employees would multiply hours worked by their hourly rate.

Q5: Are there months with three paychecks?
A: Yes, in biweekly pay schedules, there will be two months each year with three paychecks.