27 pay periods in 2010 if you are paid biweekly on Fridays
- Thread starter Cie
- Start date
So what is the check on 1/1/10 for? Are you getting paid in advance for work you haven't done yet?
You'll be fully compensated for your work from 1/1/10 to 12/31/10.
Don't know what days you'll receive it all, but if you work it you'll receive the dough.
Don't know what days you'll receive it all, but if you work it you'll receive the dough.
It sounds like this is beneficial from a tax standpoint and your pay's not affected , but I defer to Poon who is an expert in payroll and related taxes and can reconcile many different types of bank statements. . .
It just appears to me you aren't being shorted at all in the grand scheme of things.
Your losing a check on your 2009 payscale because you get paid on 1/1/2010 and getting paid an extra check on the 2010 which means its equal.
Your losing a check on your 2009 payscale because you get paid on 1/1/2010 and getting paid an extra check on the 2010 which means its equal.
So your saying you had 25 pay periods instead of 26 in 09 and will have 27 in 10:shrug: If that is what you are saying then yes it would seem your getting screwed.
Thanks, Poon. I got your text and will give you a quick buzz tomorrow. I would like to briefly discuss w/ an expert prior to meeting w/ brass early next week.
Thanks to all for your input........... except for the King of Morans, that is.
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Clarity. Agreed. I asked last week and then they sent a company wide memo regarding the last pay period of 09 being on the 31st.
First day of the year is a paid holiday..kurby
Starting the year off great!
I need to reread this thread once i've had a few more beers......and after a visit to Always Prayen's house. Then it'll all be clear 
This makes me thankful I'm on bi-monthly pay
This makes me thankful I'm on bi-monthly pay
Let's do some 'cyphering'.....
12 months in a year...
52 weeks in a year...
26 bi-weekly's, 52 weeks in 12 month year...
Depending on the pay date, only 25 in year A and 27 in year B
25 + 27 = cyphering the 5 & 7 carry the one to the 2+2 = 52 divided by 2 = 26 bi-weekly paydays over a 2 year period.
It seems so simple.
Let's do some 'cyphering'.....
12 months in a year...
52 weeks in a year...
26 bi-weekly's, 52 weeks in 12 month year...
Depending on the pay date, only 25 in year A and 27 in year B
25 + 27 = cyphering the 5 & 7 carry the one to the 2+2 = 52 divided by 2 = 26 bi-weekly paydays over a 2 year period.
It seems so simple.
Lets assume he makes 100000 a year. He was supposed to be paid on 26 weeks this year which is 3846 biweekly. He was only paid 25 weeks at this number and instead will have 27 checks of 3703 coming in 10. (3703 X 27) + (3846 X 25)= 196150. It should equal 200000 if it is so simple no:shrug:
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if you are paid in a salaried fashion, why are they paying you biweekly? Shouldn't you be paid on the 1st and 15th or just once a month?
I don't think you're getting screwed here either, but interested to hear what the HR guy says next week.
I don't think you're getting screwed here either, but interested to hear what the HR guy says next week.
