Submitted by MikeTorsson t3_11bqzmg in LifeProTips
blay12 t1_j9znti5 wrote
Reply to comment by timmyboyoyo in LPT: When calculating something such as rent or pay, a month is 4.345 weeks by MikeTorsson
They get paid bi-weekly (once every 2 weeks) rather than semi-monthly (twice a month, usually the 15th and either the 1st or 31st), so occasionally the offset lines up and gives you three checks in a month (e.g. your payday falls on the 1st, second payday on the 15th, third on the 29th).
FiddleTheFigures t1_ja1hilg wrote
Happens twice a year if you’re paid bi weekly because you’re getting 26 paychecks (52/2) vs the 24 checks for a semi monthly (some would say bi monthly) arrangement.
Gullible_Chocolate95 t1_ja0r9p0 wrote
Me too. And i’m getting 3 paycheck next month lol
AlexandrinaIsHere t1_ja03cb9 wrote
The down side to it is that it swaps the date you can expect a check from the first week of the month to the second week. So it's a little bit before I feel like I can relax and spend the "extra"
hearnia_2k t1_ja0u596 wrote
Getting paid every two weeks, or twice a month are both unusual, except in the US. IT's much more common to get paid once a month.
blay12 t1_ja0yqoj wrote
Lol ok, but I wasn’t commenting on what’s normal in different places, I was just explaining how a bi-weekly payment schedule can result in 3 checks a month.
hearnia_2k t1_ja138ru wrote
Edit: I misread, indeed it makes sense now.
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