![]() Require 2 more payroll processing times than bi-monthly pay.You just need to add the number of overtime hours to the paycheck.īi-weekly pay reduces the overtime calculating time With hourly employees, you just need to pay according to the number of hours he has worked over the past two weeks. Reduce time spent on payroll processing.This helps you to maintain employee engagement, boost work ethic and increase productivity in the workplace. You have to pay less money per check than when paying on a bi-monthly basis.Let’s see which type will fit your organization. However, they are totally different and each has its own pros and cons. “Are you paying every two weeks and paying twice a month the same?” Look at the two definitions, you might get confused: ![]() Which is better? Bi-weekly pay or bi-monthly pay? The two pad dates can be on the first and the 15th every month, however, you can freely choose your own schedule. You pay your employees twice a month with bi-monthly payįrequently, the pay dates are 15 days apart. This pay schedule results in 12 * 2 = 24 (checks) during the year. What is bi-monthly pay?Ī bi-monthly or semi-monthly pay means paying twice a month. ![]()
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