Pay Period 2024 Biweekly Definition. Understanding biweekly pay and how itโs calculated may help you decide the pay schedule that best suits your business needs. It can be weekly, biweekly, monthly, or any other frequency that the employer chooses.
Biweekly pay means your employees receive a paycheck every two weeks, usually on a set day, such as every other friday. The pay period affects how much income tax and.
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