What is bi-weekly pay?
Bi-weekly pay refers to payments that are made every other week, usually on a specific day of the week.
What’s the difference between bi-weekly and semi-monthly pay?
Bi-weekly and semi-monthly pay are similar, but there are key differences. Semi-monthly pay is paid out on two specific dates per month (e.g.,. the 7th and the 21st) whereas bi-weekly is paid out on a specific day every other week (e.g., every second Friday).
Disclaimer: This article and all information in it is provided for general informational purposes only. It does not, and is not intended to, constitute legal or tax advice. You should consult with a qualified legal or tax professional for advice regarding any legal or tax matter and prior to acting (or refraining from acting) on the basis of any information provided on this website.
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