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When employees are paid every two weeks they are on a bi-weekly payroll. The actual day of payment is up to the employer. With a bi-weekly payroll, hours are generally calculated based on the last two weeks worked. An employee who worked a full two weeks will generally be paid for 80 regular hours. Salaried employees on a bi-weekly payroll are paid the same amount every two weeks. Taxes are computed on a bi-weekly basis, and are deducted from the employee's check based on two weeks of pay. The employer's federal and state taxes are paid every two weeks as well.
Biweekly Vs. Being paid twice per month is not the same for every company. Biweekly paychecks are distributed every two weeks. This type of pay schedule will result in 26 paychecks over the course of a calendar year, because two months in 12 will have three paydays due to their lengths.iweekly Vs. Being paid twice per month is not the same for every company. Biweekly paychecks are distributed every two weeks. This type of pay schedule will result in 26 paychecks over the course of a calendar year, because two months in 12 will have three paydays due to their lengths.