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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.
Paying Bills. Getting paid bi-monthly is sometimes preferable to bi-weekly pay. For instance, when it comes to paying bills, it is useful for budgeting reasons to know your exact payday each month (such as the first and 15th). Many bills are due on the first or toward the middle of the month.ith a bi-weekly pay schedule, workers receive a check every two weeks. The company chooses a set day, such as Thursday or Friday, and issues payment every other week on that day. With a bi-weekly pay schedule, employees receive the equivalent of 26 paychecks during a standard year (52 weeks divided by two).