A bi-weekly pay schedule is a payroll system by which staff are paid each two weeks. It is a frequent pay schedule for a lot of companies and organizations, and it’s typically used at the side of a semi-monthly pay schedule, by which staff are paid twice a month.
There are a number of advantages to utilizing a bi-weekly pay schedule. First, it may well assist companies to scale back their payroll prices. It’s because bi-weekly pay durations are shorter than month-to-month pay durations, which signifies that companies must pay staff much less often. Second, bi-weekly pay schedules can assist to enhance worker morale. It’s because staff who’re paid extra often usually tend to really feel financially safe and secure.
