Biweekly Pay Calculation:
From: | To: |
Biweekly pay means employees are paid every two weeks, resulting in 26 pay periods per year. This is different from semimonthly pay which results in 24 pay periods per year.
The calculator uses the simple formula:
Where:
Note: This calculates gross pay before any deductions like taxes, insurance, or retirement contributions.
Details: Texas has no state income tax, so only federal taxes will be deducted from your biweekly pay. However, other deductions like Social Security, Medicare, and any voluntary deductions will apply.
Tips: Enter your annual salary in dollars. The calculator will divide this amount by 26 to determine your gross biweekly pay.
Q1: How many biweekly pay periods are there in a year?
A: There are typically 26 biweekly pay periods in a year (52 weeks ÷ 2).
Q2: Does this calculator account for taxes?
A: No, this calculates gross pay only. Net pay would be lower after deductions.
Q3: What's the difference between biweekly and semimonthly?
A: Biweekly is every two weeks (26 pay periods), semimonthly is twice a month (24 pay periods).
Q4: Are there months with three paychecks in biweekly pay?
A: Yes, in some months you'll receive three paychecks depending on how the pay dates fall.
Q5: Is overtime calculated differently for biweekly pay?
A: Overtime is calculated per workweek (typically 40 hours) regardless of pay frequency.